The way we use our credit cards is changing

MasterCard country manager Andrew Cartwright said Australians are changing the way they use their credit cards. Over the past two years there have been record high credit card repayment levels and a much lower debt ‘revolve’ rate on credit card accounts.

That means Australian credit card users are paying less interest and less in late payment fees and generally using their credit cards more wisely.

Source: Banking Day

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