Search: dual-network card
RBA Glossary definition for dual-network card
dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.
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Domestic Financial Conditions
10 Feb 2023
SMP
– February 2023
By contrast, growth in personal credit (4 per cent of total credit) increased slightly over the quarter, largely driven by increases in outstanding credit card balances and consistent with strong nominal
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html
Statement on Monetary Policy - August 2009
7 Aug 2009
SMP
PDF
1115KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2009/aug/pdf/0809.pdf
Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
Much of the recent decline was driven by lower credit card debt, consistent with consumers having had reduced opportunities for spending during lockdowns at the same time that government payments were
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
Domestic Financial Markets
10 May 2010
SMP
– May 2010
Average variable rates on unsecured personal loans, home equity loans and standard credit cards have increased by 50 basis points, while rates on margin loans and low-rate credit cards have ... Growth in recent quarters was largely due to increased
https://www.rba.gov.au/publications/smp/2010/may/dom-fin-mkts.html
Domestic Financial Conditions
5 Nov 2020
SMP
– November 2020
Around half of the decline in personal credit since March was due to a decrease in outstanding credit card debt. ... Some of this decline owed to lower credit card spending by households early in the pandemic.
https://www.rba.gov.au/publications/smp/2020/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2022
SMP
– February 2022
Much of the decline in personal credit over the past six months has been driven by lower credit card debt, consistent with consumers having had reduced opportunities for spending during lockdowns. ... In addition, BHP removed its dual-listed company
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html
Domestic Financial Markets
10 May 2011
SMP
– May 2011
Most interest rates on variable personal loans – including credit cards, home equity loans and margin loans – have remained unchanged since the end of January. ... The modest growth in recent months was largely due to increased credit card lending,
https://www.rba.gov.au/publications/smp/2011/may/dom-fin-mkts.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
Much of this reflects an increase in spending on credit cards alongside the recovery in economic conditions as restrictions to contain the virus were eased.
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Domestic Financial Markets
10 May 2012
SMP
– May 2012
Most interest rates on variable personal loans – including credit card loans, home equity loans and margin loans – rose over the three months to the end of April. ... The amount of personal credit outstanding has also been little changed, with falls
https://www.rba.gov.au/publications/smp/2012/may/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2012
SMP
– August 2012
Rates on credit cards continue to be less sensitive to reductions in the cash rate. ... Since mid 2007, rates on credit cards have increased by around 4.5 percentage points, relative to the cash rate.
https://www.rba.gov.au/publications/smp/2012/aug/dom-fin-mkts.html