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More Aussie shoppers spending locally and digitally, finds CommBank

Fresh stats have shown that over half of Aussies shoppers are opting for home grown and using digital payments to do so! ....

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Let's give credit card rates the chop, says VIC Treasurer

Let's give credit card rates the chop, says VIC Treasurer
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.

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Credit card spending bounces back, finds Citi

Credit card spending bounces back, finds Citi
Credit card spending bounces back, finds Citi
Wednesday, 3 March 2021
Popular bank and credit card provider Citi is calling it “business as usual” as customer spending made a comeback in February.
According to the bank’s recent Credit Card Index, the daily average spend last month spiked by 28%. This is after a 19% drop in January.
“As anticipated, spend has increased significantly in February following January s holiday season spending hangover,” said Choong Yu Lum, head of credit cards at Citi Australia.
“February’s 28% spike in daily spend has recovered of pre-COVID levels, indicating the new year is in full swing and consumers are making the most of a predominantly lockdown-free month.” ....

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