When you authorise someone to review your credit file by applying for a line of credit (such as a loan or credit card), their enquiry is included in your credit file. But for how long? And do credit file enquiries really matter anyway?

Today let’s take a closer look at credit file enquiries that result from submitting credit card applications, and why you should be concerned. read more..

ANZ Bank recently launched a new banking package which links their low annual fee First Visa credit card with an everyday transaction account, Visa debit card, overdraft protection line, and online savings account. read more..

If you’re a student, or you’re the parent of a student, you’re probably well aware of student credit cards. But what are they exactly? Is there anything that really sets them apart from other credit cards? And what do you need to do (or know) if you’re a student and you’d like to get a student credit card of your own? read more..

Banks disagree with Labor’s election promise to prohibit penalty fees charged to credit card holders who exceed their credit limits.

Current regulations allow for penalty fees of up to $25. However, Labor has proposed banning credit card issuing companies from allowing a card to exceed its agreed credit limit, without the agreement of the card holder. read more..

In this series we’ll tackle some frequently asked questions about credit cards — comparing them, getting them, and using them. Let’s kick things off with a question about getting a new credit card. What if you’re a full-time student and only working part-time? What if you only work a part-time job for some other reason, like being home during the day with your children? Can you still get a credit card if you only work part-time? read more..