Yet another entry in the “if it sounds too good to be true, it’s a con” files: the Accommodation Association of Australia is warning people to ignore telemarketing calls offering discount hotel dining packages. If you sign up, your credit card could get hit with thousands of dollars in unauthorised charges. More »
If you use your credit card long enough, sooner or later that sensitive magnetic strip will get worn down and no longer swipe properly. While you’re waiting for your replacement card, here’s a quick fix: Tape over the magnetic strip. More »
Sony hasn’t been out of the headlines in recent weeks, with hacks into both the PlayStation Network (PSN) and its Sony Online Entertainment (SOE) net gaming platform. While the numbers involved are pretty small, they’re a reminder that the convenience of paying for entertainment services with a credit card does come with some risks. More »
Common sense dictates that the most important feature of a credit card is the interest rate charged, but it seems we’re all too willing to be sucked in by a free ‘extra’ thrown in with the card. More »
Businesses in Australia are allowed to impose surcharges for credit card users to recover fees they are charged, but recent research suggests that the charges are much higher than would be needed simply to cover those costs. More »
Members of Woolworths’ Everyday Rewards scheme already get frequent flyer points for shopping, and can trade fuel discounts for points if they’re so inclined. A new credit card from Woolworths offers even more points gaining options, but as with so many rewards schemes, they don’t come cheap. More »
Finance comparison site Mozo has gathered up its review data over 12 months to award “People’s Choice” gongs to the best financial institutions and products. Perhaps unsurprisingly, online accounts rate the highest, while the Big Four (Commonwealth, NAB, Westpac/St George and ANZ) don’t score so well. More »
