Macquarie Bank will launch its own credit card. Mickey Perret, executive director of Macquarie's banking and securitisation division, said it expected to have a few hundred thousand Macquarie Bank branded and white labelled cards on issue in the next three years. The launch follows the bank taking a 10 per cent stake in low-rate credit card Virgin Money in November 2005.
Applying for the right credit cards is not as simple as looking at the cards interest rate. You need to consider your spend any repayment habits............Details
By yesterday\'s deadline, David Jones received offers from almost a dozen banks and financial service companies for a role in its general purpose credit card.............Details
The Commonwealth Bank of Australia (CBA) reported a $2.27 billion profit for the first half of the 2006/07 financial year, an increase of 19 per cent.............Details
The latest figures from the Reserve Bank of Australia (RBA) show that at the end of last year total household debt was $962 billion.............Details
The Insolvency and Trustee Service Australia has mapped out bankruptcies in Sydney for the first time, finding that southwest and western suburbs had the highest increase in personal bankruptcies across all ages.............Details
Research released by MWE Consulting indicates that ATM's hold 93 per cent of cash distribution of debit-card transactions over Eftpos cash out options.............Details
