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Published 1 year ago

Credit card loyalty is costing Australians

Summary by Ground News
More than half of credit card-carrying Australians have never bothered to switch theirs. So-called 'credit card loyalty' sets the average Australian back about $153-a-year in excess interest and missed rewards, consumer comparison site Finder says. A record $32.1 billion was put on credit cards in September of this year.

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The West AustralianThe West Australian

Credit card loyalty is costing Australians

Australians who don't shop around for new credit cards are leaving money on the table, according to a leading consumer research group.

1 year ago
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PerthNowPerthNow

Credit card loyalty is costing Australians

Australians who don't shop around for new credit cards are leaving money on the table, according to a leading consumer research group.

1 year ago·Perth, Australia
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Canberra DailyCanberra Daily

Credit card loyalty is costing Australians

Credit cards are for shopping but not enough Australians are shopping around for their credit cards, a survey suggests. More than half of credit card-carrying Australians have never bothered to switch theirs but it could be costing millions of them hundreds of dollars a year. So-called ‘credit card loyalty’ sets the average Australian back about $153-a-year in excess interest and missed rewards, consumer comparison site Finder says. “Many borrow…

1 year ago
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