As technology continues to provide more ways of paying for goods and services, people have taken to using debit cards, apps, and even cryptocurrency instead. But one thing that maintains its popularity through it all is the credit card.
Not only do people like to use credit cards to buy something now and pay for it later, banks that issue those cards often offer incentives, like airline miles or points to be exchanged for other goods.
Bank Australia, however, decided to dictate the type of spending allowed on the credit cards it issues. Gambling-related purchases will be denied as of December 1, 2020.
Responsible Banking?
The logo and phrase associated with Bank Australia is Responsible Banking. What does that mean? The banks website sa…
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