Australian Credit Card Purchases increased by 7.81%

According to the Reserve Bank of Australia(RBA) credit and charge card statistics, there are 13,915,371 of cardholders in Australia as at 2007.

There is an increase of 424,838 cardholders or 3.05% in 12 months period, making it 14,340,209 cardholders in Australia as of December 2008.

The rollover balance for 2007 is A$42.70 billion with an increase of 6.18% to A$45.34 billion in 2008.

The total credit card purchases has increased by 7.81%, from A$192.24 billion in 2007 to A$207.26 billion in 2008.

For further statistics such as total card transactions(cash advances and purchases) and credit limits issued, please visit the site here at Australian credit cards comparison and online applications.

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