Across all personal credit cards on the Mozo database, the average interest rate is 16.93% p.a., which can add up if you’re carrying over a balance. Recently, there has been an influx of an alternative type of card - 0% interest credit cards. But do they actually save you money?
The major bank is piloting a zero-interest rate digital credit card, with plans to release it later this year, following similar moves by its peers. Westpac has announced that it will launch a new ze
What is the future of credit cards? mozo.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mozo.com.au Daily Mail and Mail on Sunday newspapers.
Do ASX 200 banks share same BNPL ambitions as Westpac (ASX: WBC)?
Are the lines between big banks and BNPL providers about to blur?
Brooke is a Junior Financial Journalist at the Motley Fool Australia. Brooke s interests in finance and the share market evolved during her time at Charles Sturt University. There, she studied a Bachelor of Communication, majoring in journalism and sub-majoring in international relations. In her spare time, you ll find Brooke gallivanting around South East Queensland, no doubt with her dog in tow.
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According to
Humm Group Ltd(ASX: HUM), global banks are seeking out deals with buy now, pay later (BNPL) providers. They’re said to be looking for agreements similar to Humm’s new deal with
CBA s chief executive Matt Comyn has said shaving turnaround times are a key component to the bank’s game plan looking forward, as it has launched a data sharing pilot and bought stakes in two sta