Aussies spend $1380/month on credit cards

Over the past couple of months the number of credit and charge card accounts has fallen 1.4 per cent from 15.6 million to 15.4 million accounts according to the Reserve Bank.

The average spend on a credit or charge card in April was $1380.

Debit card spending was also down in April by 4.4 per cent.

Source: Banking Day