Great credit card rip-off: banks cash in with interest
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Credit card providers are raking in almost $90 million in interest payments every month by ignoring the movements of the Reserve Bank on official rates.
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Credit card providers are raking in almost $90 million in interest payments every month by ignoring the movements of the Reserve Bank on official rates.
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The Credit Bureau data plays a critical role when consumers have multiple credit facilities with different lenders.
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Stores and restaurants may require a minimum purchase to charge when using a credit or debit card.