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Rewards, rates, and the plastic in your wallet—decoded for real life.
Macquarie has lifted the minimum eligible spend for Black Card airport lounge access in updated terms, nudging high earners toward higher annual card fees as reward programs reprice.
Commonwealth Bank lifted its GoalSaver bonus tier by 50 basis points ahead of Tuesday’s RBA minutes, as lenders compete for deposits before a heavy week of mortgage repricing talk.
Borrowers comparing home loans after the October pass-through must weigh advertised floors against comparison rates that now embed two RBA hikes since midyear.
Westpac lifted advertised variable home-loan rates again after the Reserve Bank's September move to 4.6 per cent, posting a 6.24 per cent floor rate that sets the benchmark other majors are matching for new borrowers.
Westpac lifted variable home-loan reference rates by 25 basis points from 9 October, leaving its lowest advertised owner-occupier rate at 6.24 percent as all four majors ended sub-6 percent headline pricing after the RBA move to 4.60 percent.
From 1 October, lower card interchange caps forced NAB and its peers to recut Qantas Points earn rates, annual fees and insurance bundles that were funded by swipe-fee revenue.
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