Australia major banks have opposed Labor Credit Card Policy

August 16th, 2010 by cardexpert Leave a reply »

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Banks reject Labor credit card policy
Sydney Morning Herald
Australia’s major banks have opposed a Labor election promise to ban lenders from charging fees when consumers exceed their credit card limit. …

Elsewhere news on credit card:

Watch for new fees as consumer laws take effect
Seattle Times
Higher fees for using the card outside of the country. More could follow, so don’t neglect the notices in the mail from credit cards — you could be hit …

The great credit card swindle
New Zealand Herald
By Maria Slade New Zealanders are paying about $10 million a month more in interest on their credit cards than they would be if banks had passed on falls in …

With Growth and Income Target Could Be a Bull’s-Eye
Wall Street Journal (blog)
Another good sign for the company is that its credit-card business, which has suffered under the weight of deteriorating receivables, has started to recover …

Michelle Obama’s Presidential Credit Card Declined
Glossy News (satire)
WASHINGTON DC (GlossyNews) — White House darlings, Barack and Michelle Obama, are having problems after the First Lady’s presidential credit card was …

Business world turns plastic
The News-Press
Many local users of business credit cards say they’ve found satisfactory substitutes for the Advanta card, including American Express, Chase and Capitol One …

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