Card payment sucharges banned in Australia from 2026

Are you happy with the RBA's proposed changes to surcharging and interchange fees?

  • Total voters
    167
aplmac said:
This just in from Westpac, for Westpac Altitude Qantas Black credit card: Interest rate, cash rate, and annual fee all UP from 30th September!
So if the bank is now going to charge us instead of the business, what changed - except the cc user is actually worse off! And banks can vary their charges on a whim!
Click to expand...
Yes, I got an email from Westpac today too. I'm not sure how it relates to my situation, so I'll wait until it happens and then decide whether I can handle the changes or not. If not, I'll be changing to a different card. I'm not really your average punter.
 

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