merchant costs / surcharges, spending and CC debt patterns

[quokka77]

Here is a little blog post from a banking industry analyst. If you are the average transacting consumer you "just about break even" with a rewards card. If you are the average debt revolver you are costing yourself about $1000 per year(!). I would suggest most on AFF come out ahead, as we are mainly redeeming for higher value awards, and we place a higher subjective value on premium class flight awards than many.

Who Pays For What In The Credit Card Business - DFA Blog

 

[quokka77]

A few more articles from the same chap... Quite interesting reading if you are keen on knowing a bit more about the Australian CC landscape.

credit card Search Results - DFA Blog

http://www.digitalfinanceanalytics....t-trends-in-australia-cash-is-no-longer-king/