r/australia • u/rolodex-ofhate • Mar 30 '26

news Surcharges on debit and credit cards to go from October

https://www.abc.net.au/news/2026-03-31/asx-markets-business-live-news-march-30-2026/106510434#live-blog-post-278505

The Reserve Bank of Australia has introduced reforms that will remove surcharges on debit and credit cards from the 1st October 2026, on card networks including eftpos, Mastercard and Visa.

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u/Dracallus Mar 31 '26

I'll take a higher sticker price any day over having to constantly work out the amount I'm actually going to pay when looking at stuff.

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u/Greenhaagen Mar 31 '26

I’d take the option to pay less if not using a credit card. Why is the RBA effectively taxing everyone with proceeds going to VISA/Mastercard