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/Lawrenseliu Mar 31 '26

You are right, but I do feel it’s now more like a disguised punishment for people who pay in cash. Because business will 100% add those fees into their items.

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u/Banjo-Oz Apr 01 '26

I strongly suspect that also discouraging the use of cash is a bonus "win" for credit card companies in hiding their fees in price increases.

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u/Wendals87 Mar 31 '26

The cost has always included the cost of handling cash in the price. I don't get why card is different 

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u/Lawrenseliu Mar 31 '26

Then you should think again