Card payment sucharges banned in Australia from 2026

[Mattg]

Regarding the new spend caps, I would expect to see the cards offering the higher end of points earned per dollar (e.g. 1 PPD) capping the full earn rate at a spend of approximately 5-6K per month.

Business cards won't be impacted as the interchange fees on these aren't being reduced.

 

[am0985]

It'll be interesting to see if Revolut shake up the market....they've already announced a debit card which looks like a good proposition and they've launched credit cards already in some countries with plans to roll them out elsewhere

 

[lovestotravel]

As I've said from the start, nothing good comes of this for points earners...

 

[SeaWolf]

As I've said from the start, nothing good comes of this for points earners...

I dunno, I'd say that knowing that the price on the sticker is the actual price and not getting surprise surcharges when you go to pay is pretty good for everyone, including points earners.