credit cards

5 Misconceptions Most Australians Have About Their Credit Cards

Did you know there were over 16 millions credit cards on issue in Australia? And did you read that the recent Senate’s Standing Committee on Economics Inquiry into the interest rates charged on Australian credit cards pointed out the low levels of financial literacy in Australia? And this particularly relates to credit card debt. In…

Banks rake in $4.33 billion in avoidable fees

Australians forked out $4.33 billion in bank fees last year; cash that they could be keeping in their own pockets. A analysis of RBA data shows people are unnecessarily handing over their money and paying fees on all types of products from credit cards and home loans to savings accounts and every day banking…