News about card payments, including debit, credit and pre-paid cards
Featured
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Sep 30, 2026
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Rewards are shrinking and fees are increasing, but Westpac says consumer credit cards remain an important cash-flow tool as the RBA cuts interchange rates and CommBank prepares a rewards-heavy Discover charge card.
Featured
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Sep 29, 2026
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Banks are cutting consumer rewards while offering ABN holders 375,000-point bonuses, as government-issued NAB cards retain commercial rates, exposing small merchants to higher costs under Canberra’s own rules from October.
A2A
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Sep 9, 2026
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Debit card spending grew 10.1% over the 12 months to July to $693.2 billion, in the first double-digit reading since late 2023. Credit managed 7.2%, to $477.7 billion. Its own rate edged up from 7.1%, but the gap to debit widened to 2.9 percentage points.