Bendigo Bank wary of calls for reforms around credit card interest rates

Tom O'Callaghan
Updated April 7 2021 - 7:35am, first published 7:30am
Bendigo Bank says credit cards' interest rates would not tie to the Reserve Bank's cash rate as easily as mortgages do. Picture: SHUTTERSTOCK
Bendigo Bank says credit cards' interest rates would not tie to the Reserve Bank's cash rate as easily as mortgages do. Picture: SHUTTERSTOCK

Bendigo Bank has cautioned that credit card interest rates are very different to mortgages as a new debate over the hit to people's hip pockets unfolds.

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Tom O'Callaghan

Tom O'Callaghan

Journalist

I grew up in Bendigo and I want to tell your stories.

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