Search: dual-network card

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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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Statement on Monetary Policy

12 Feb 2023 SMP - February 2023 PDF 7754KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/statement-on-monetary-policy-2023-02.pdf

Domestic Financial Markets

3 Feb 2011 SMP – February 2011 PDF 321KB
https://www.rba.gov.au/publications/smp/2011/feb/pdf/dom-fin-mkts.pdf

Domestic Financial Markets and Conditions

10 Aug 2006 SMP – August 2006
Most institutions also increased the rates on their personal loans and standard credit cards by 25 basis points following the May monetary policy tightening. ... However, competition remains intense in the low-rate (no-frills) segment of the credit card
https://www.rba.gov.au/publications/smp/2006/aug/dom-fin-mkts.html

Statement on Monetary Policy - February 2007

8 Feb 2007 SMP PDF 489KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2007/feb/pdf/0207.pdf

Statement on Monetary Policy - August 2006

3 Aug 2006 SMP PDF 759KB
Reserve Bnak of Australia
https://www.rba.gov.au/publications/smp/2006/aug/pdf/0806.pdf

Domestic Financial Markets

10 Aug 2009 SMP – August 2009
Credit card lending has continued to slow as households focus upon repaying debt (Graph 70). ... Over the 12 months to June, there has been little growth in outstanding credit card balances.
https://www.rba.gov.au/publications/smp/2009/aug/dom-fin-mkts.html

Domestic Financial Markets and Conditions

10 Feb 2007 SMP – February 2007
On personal loans and standard credit cards, most lenders increased interest rates shortly after each of the monetary policy tightenings in 2006. ... Since the end of 2005, the average interest rate on low-rate credit cards has risen by only 25 basis
https://www.rba.gov.au/publications/smp/2007/feb/dom-fin-mkts.html

Domestic Financial Markets

5 May 2011 SMP – May 2011 PDF 313KB
https://www.rba.gov.au/publications/smp/2011/may/pdf/dom-fin-mkts.pdf

Domestic Financial Markets

10 Nov 2010 SMP – November 2010
Credit card debt has been broadly unchanged over 2010. The weakness in margin lending, as well as an increase in the value of collateral (mainly equities) backing these margin loans has
https://www.rba.gov.au/publications/smp/2010/nov/dom-fin-mkts.html

Domestic Financial Conditions

4 Feb 2021 SMP – February 2021
Around half of the decline in personal credit between March and September was due to the decline in outstanding credit card debt, reflecting lower credit card spending by households and borrowers ... More recently, spending on credit cards has increased
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html