02/09/2026
Are you a credit card lover, always looking to put every expense possible on your credit card to accumulate points? Be it an Amex, Visa or Mastercard? 🛑💰
Well you’ve just hit the jackpot!
From 1 October 2026 Australian businesses will be banned from on-charging customers who choose to pay with these more expensive payment methods.
Businesses will still need to pay Amex, Visa & Mastercard to offer these payment methods to you, so next time you buy something using your credit card, thank them for taking a 3% pay cut so you can pay less and the credit card companies can keep making the exact same super profits
And when inevitably these businesses increase their prices to make ends meet, you should then move on to thanking your fellow customers who pay using cash or debit card or internet banking, because they will then be the ones who are subsidising your expensive payment method choices.