| Sports Betting Online |
Card rates go up and up
27 May 2010 |
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| Purchase and cash advance rates on some credit cards, particularly some low rate credit cards, have gone up by more than the movements in the Reserve Bank's official cash rate this year. Card issuers have also been changing their low-rate or zero-rate balance-transfer deals, shortening the periods for which the low rates apply. Many cards have purchase rates over 20 per cent now, with cash advance rates even higher.After the Reserve Bank put up the cash rate by 25 basis points in April, Citibank increased its personal credit card rate by 60 basis points, from 14.99 per cent to 15.59 per cent. According to InfoChoice, Heritage Building Society, Aussie, Macquarie Bank, National Australia Bank and Suncorp all increased purchase rates on their cards by 50 basis points. Cash advance rates went up even higher. Heritage Building Society increased the cash advance rate on its Visa Classic by 75 basis points. Aussie increased the cash advance rate on its Aussie MasterCard by 70 basis points. |
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| Source : Sydney Morning Herald |
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| 31 May 2010 | - Bumper auction weekend |
| | - St George launch iPad App |
| | - Unplanned futures don’t look rosy |
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| 28 May 2010 | - Mortgage problems growing |
| | - Max Bourke didn’t find much debt |
| | - eBay to refund thousands of buyers |
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| 27 May 2010 | - ANZ cuts some fixed mortgage rates |
| | - Rate rises to cost $500 more per month |
| | - St George, ANZ are customer favourites |
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| 26 May 2010 | - Savings tax discount hits hurdle |
| | - ANZ use Facebook to find debtors |
| | - Business customers still like St George |
| | - CBA, Westpac take business from NAB |
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| 25 May 2010 | - Commonwealth still rules the roost |
| | - Confusion reigns over first home savers. |
| | - Banks profit from ‘unfair’ fees |
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| 24 May 2010 | - Infochoice reveals savings say credit unions |
| | - More good auction results |
| | - Housing affordability plummets |
| | - Fifty fooled by scam Westpac site |
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| 21 May 2010 | - Police hunt fake Westpac website |
| | - Card skimmers target CBA ATMs |
| | - Smokers can cut 6 years from mortgage |
| | - Credit unions grab mortgage market share |
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| 20 May 2010 | - Visa’s big world cup plans |
| | - Competition continues to favour savers |
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| 19 May 2010 | - 90% LVR loans hard to come by |
| | - New capped rate mortgage launched |
| | - Check (both) your credit files |
| | - Charge cards – making a comeback? |
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| 18 May 2010 | - Rate rises bite into lending |
| | - Loan defaults lead to evictions |
| | - Fees on transaction accounts disappear |
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| 17 May 2010 | - Credit Unions customers most satisfied |
| | - Change your bad credit card now |
| | - Bank customers flock to class action |
| | - More good auction results |
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| 14 May 2010 | - Tax discount benefits low income earners |
| | - Buy a big block close to city |
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| 13 May 2010 | - Banks face penalty fee class action |
| | - First Home Saver Account confusion |
| | - Housing market cooling rapidly |
| | - SA land tax cuts save big $$$ |
| | - Greek debt puts Aussie rates on hold |
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| 12 May 2010 | - Tax on deposits slashed from 2011 |
| | - First Home Saver Accounts get better |
| | - House prices, interest rates head north |
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| 11 May 2010 | - Banks profit from crisis |
| | - Aussie banks to shrug off Greek crisis |
| | - Auction clearance rates stay high |
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| 07 May 2010 | - Westpac customers dissatisfied |
| | - 4.5 million choose credit unions |
| | - Home repossessions on the rise |
| | - High deposit rates set to come down |
| | - Debt weighing down Aussies |
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| 06 May 2010 | - 90,000 homeowners forced to sell up |
| | - Young people shelve home buying plans |
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| 05 May 2010 | - Big four pass on rate rise |
| | - More rate rises coming 2010 |
| | - Property prices and rates to go up |
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| 04 May 2010 | - RBA increases rates again |
| | - Rate rise expected today |
| | - Credit card rates go up |
| | - We are planning to pay off the card |
| | - Consolidation puts homes at risk |
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| 03 May 2010 | - RBA to wait and see on rates |
| | - Savings tax discount coming soon |
| | - Another bumper auction weekend |
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