Articles

The ARTICLES section keeps you up to date with relevant industry comment.

1 in 3 Aussies feel beaten up by their credit card
Survey reveals Aussies feel trapped by their cards

Credit Card Balance Transfers
Transferring your credit card balance to take advantage of a special introductory offer can save you a lot of money. Be sure to shop around with the Artog comparison tool when considering applying for a new credit card

Maintain card security as fraud grows
Credit card fraud is on the rise. The following tips will help you avoid becoming a victim...

Beware the sting when travelling on your credit card
For convenience when travelling, the credit or debit card really can be a fantastic piece of plastic for quick, secure and convenient access to cash overseas. But watch the charges.

Keeping credit card costs to a minimum
How to keep credit card costs to a minimum

Understanding your repayments
A large number of financial institutions are offering low interest rate or zero interest rate on their credit cards in order to attract new customers

Beware rising credit card fees
The Reserve Bank says that last year, there was a 30 per cent surge in credit card fees and the income banks made from fees grew by 4 per cent or $327 million.

Low-rate credit cards
A number of organisations are now offering low-rate and interest-free credit cards and with Australians owing over $30 billion on their cards, they are attracting much attention.

Understanding the revert rate
If you are interested in transferring your credit card balance to a card offering a low-rate or zero interest for a certain period of time, make sure you know what the rate "reverts" to after this time expires.

Credit card reform
The Reserve Bank announced big changes to Australia's credit card system in 2002 that are having a range of positive and negative effects for consumers.

Get your credit card debt under control
Getting into debt by using credit cards is easy to do: paying for clothes and bills by credit card is common, as people carry less cash around with them. Australians have now around $21 billion in credit debt, according to the Reserve Bank.

Choose the right credit card for your spending
The major differences between the various cards - A guide to the questions that consumers need to ask themselves and their banks if they are to safely negotiate the credit card minefield.

Don't let ID fraud happen to you
Beware of impostors spending money on your account. While the Australian Bankers' Association plays down the issue of identity fraud, others are increasingly concerned.