Credit, debit surcharge fees now banned

Card surcharge ban 'doesn't pass the pub test', AHA boss says

The Reserve Bank has announced an end to surcharges on bank card payments, as cash usage continues to dwindle - but not everybody is happy about it.The RBA's new paper, published following an extensive consultation with stakeholders, found that surcharging on debit, pre-paid, and credit cards should end on eftpos, Mastercard, and Visa networks."The surcharging framework, introduced more than two decades ago, is no longer achieving its intended …

Surcharges on debit and credit cards to go from October

The removal of surcharges on debit and credit cards is one of the sweeping reforms from the Reserve Bank.

Credit, debit surcharge fees now banned

The RBA has scrapped a hidden fee that was costing Australians $1.6bn a year in a major change for shoppers - but there’s a catch.

RBA announces ban on credit, debit card surcharges

The ban is expected to save Australian consumers $1.6 billion a year in unnecessary fees, but will likely cause a dramatic cutback in the generosity of card points schemes.

Australia Declares War on Card Surcharges — And the Ripple Effects Could Reshape How the World Pays

The Australian government just made a A$3.4 billion bet that consumers shouldn’t have to pay extra for the privilege of using their own debit cards. On June 8, 2025, Treasurer Jim Chalmers announced that debit card surcharges will be banned entirely by January 1, 2026, with credit card surcharges to follow by 2030. The move is the most aggressive government intervention into payment card economics anywhere in the developed world in years, and it…