Retail giant Coles is upgrading its current Ingenico payment terminals to support contactless credit and debit card payments in 2012. They have ordered 10,000 pin pads it will use to enable contactless payments for grocery purchases up to $100. The pin pads, supplied by Ingenico, will be installed in stores starting this month. Contactless payments [...]
Coles Going Contactless in 2012
December 7th, 2011Western Australia to Increase Food Costs due to Carbon Tax
November 28th, 2011The recent implementation of Carbon Tax has affected a lot of businesses and consumers. Affecting not only everyday costs, livelihood and usage of a lot of things that have become routine for people; now as this new tax reaches the country and with people and businesses adjusting, it is about to make another major scale [...]
A New Breed Of Credit Cards
November 28th, 2011Resistance to new technology is always expected. This is why Commonwealth Bank believes that the reception of the contactless credit card technology will be better within a year. Although the terminals of the contactless credit card are only prevalent now, the Commonwealth Bank started to issue credit cards with contactless technology capability in 2006. It [...]
More credit cards owned by Australia’s older generation
November 28th, 2011KPMG and Nine Rewards have polled 2,013 people in July 2011 regarding their lifestyle choices and opinions on their future outlook. The research has shown that the older respondents own more than two credit cards; whereas the younger respondents are more cautious with regards to obtaining and using one. One significant finding showed that the [...]
EFTPOS Goes Hi-Tech
November 23rd, 2011EFTPOS upgrades its services for their customers to enable transactions using mobile phone, the internet and contactless terminals. The new EFTPOS cards will be integrated with chip technology to compete with similar services. According to The Australian Financial Review, Bendigo and Adelaide Bank Ltd will conduct a dry run this last quarter of the year [...]
Comparison of our Top Credit Card Offers
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual Fee | Cash Advance Rate (p.a.) | |||
|---|---|---|---|---|---|---|
Bankwest Breeze MasterCard | A low interest rate on everyday purchases with a low balance transfer offer | 0% for 6 months (reverts to 10.99% ) | 4.99% for 9 months | $49 | 21.99% |   |
Citibank Clear Platinum Card | A low interest rate offer on balance transfers and purchases | 11.99% | 0% for 12 months with 3% handling fee | $99 | 21.74% | |
St.George Vertigo | An introductory offer on balance transfer and a low annual fee | 13.24% | 0.99% for 6 months | $55 | 21.49% | |
Virgin Flyer Credit Card | Earn 1 velocity point per $1 spent, plus an introductory offer on balance transfers | 20.99% | 1.9% for 12 months | $50 (for first year thereafter $99) | 20.99% | |
Westpac 55 Day Credit Card | No annul fee for the first year with a low rate on balance transfers and purchases | 0% for 5 months (reverts to 19.59% ) | 3.99% for 6 months | $0 annual fee for the first year ($30 thereafter) | 21.49% | |