Credit cards

Debit cards have overtaken cash and credit cards

COVID-19 has accelerated the use of debit cards, while cash and credit cards are increasingly out of favor, according to a new analysis from the Australian Banking Association (ABA) of data from the Reserve Bank of Australia (RBA). The report shows that debit cards are the clear choice of Australians …

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Average credit card debt by age

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Consumers of all ages have credit cards, but some generations have larger outstanding balances than others. Gen …

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