Credit Card Points Schemes in Firing Line After Tweaks

Credit card points schemes in firing line after tweaks

Savvy punters who have been cashing in on credit card rewards schemes might have to find a new life hack after the central bank changed the payments game.

Forget credit cards. Here’s where to earn bulk Qantas points now

The RBA’s crackdown means frequent flyers can probably soon forget credit cards as a source of bulk points. So what should you do instead?

Criterion: Credit where it's due, the RBA's payment reforms are a long time coming

The central bank’s intended card surcharging ban and interchange fee reductions may seem esoteric, but are likely to have significant flow-on consequences ASX listed pure play Tyro is a potential beneficiary, while banks and airlines are likely to re-jig their loyalty schemes The RBA will turn its sights to unregulated payment systems such as buy now, pay later and the non-bank American Express scheme For consumers, credit card surcharges are as…