Search: credit card
RBA Glossary definition for credit card
credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.
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Designation of Credit Card Schemes in Australia
12 Apr 2001
Media Releases
Following a decision by the Payments System Board, the Reserve Bank has today brought credit card schemes in Australia under its regulatory oversight
https://www.rba.gov.au/media-releases/2001/mr-01-09.html
Reform of Credit Card Schemes in Australia
14 Dec 2001
Media Releases
The Reserve Bank of Australia has released, for public discussion, a Consultation Document outlining proposed reforms to credit card schemes in Australia
https://www.rba.gov.au/media-releases/2001/mr-01-25.html
Reform of Credit Card Schemes in Australia – Access Regime
24 Jul 2003
Media Releases
Announces that the RBA is allowing further public comment on its revised access regime for the credit card market. Submissions on new prudential standards released by the Australian Prudential Authority on 23 July 2003 would be accepted until 12
https://www.rba.gov.au/media-releases/2003/mr-03-09.html
Reform of Credit Card Schemes in Australia
1 Jul 2003
Media Releases
Release of new regulations to accompany reforms to the credit card market and protect participants from price-fixing action under the Trade Practices Act
https://www.rba.gov.au/media-releases/2003/mr-03-08.html
Common Benchmark for the Setting of Credit Card Interchange Fees
9 Mar 2023
Listing of chapters contained in the Reserve Bank's Common Benchmark tor the Setting of Credit Card Interchange Fees
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/cc-fees-benchmark/
Joint Media Release: Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access
10 Oct 2000
Media Release
Joint Media Release Debit and Credit Card Schemes in Australia A Study of Interchange Fees and Access. ... aspect of the Australian payments system – the networks for ATMs, credit cards and debit cards.
https://www.rba.gov.au/media-releases/2000/jmr-rba-accc.html
Box A: Credit Card Indicators
10 Sep 2004
FSR
– September 2004
Financial Stability Review – September 2004 Box A: Credit Card Indicators. Outstanding debt on credit cards accounts for about 3 per cent of the total debt owed by the household sector. ... Consistent aggregate data on credit card loans past due are
https://www.rba.gov.au/publications/fsr/2004/sep/box-a.html
Study of Interchange Fees and access in Debit and Credit Card Schemes Australian Competition and Consumer Commission and the Reserve Bank…
16 Sep 1999
Media Releases
Joint study into interchange fees for debit and credit cards, and membership criteria for credit cards
https://www.rba.gov.au/media-releases/1999/mr-99-accc.html
Regulatory Decisions | Credit Cards
9 Mar 2023
Links to regulations decisions relating to Credit Cards
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/regulatory-decisions.html
Credit and Charge Cards
20 Sep 2005
PSB Annual Report
– 2005
cards. Imposing a charge allows them to accept credit cards, with the customer then free to choose whether the value they receive from using the card exceeds the cost of doing ... than twice that on debit cards, reflecting the larger average value of a
https://www.rba.gov.au/publications/annual-reports/psb/2005/credit.html