Credit card holders gouged more than $2 billion since 2011, research shows

By Esther Han
Updated August 4 2015 - 12:08pm, first published 11:24am
The major banks are being accused of gouging customers with startling high interest rates. Photo: Jessica Hromas
The major banks are being accused of gouging customers with startling high interest rates. Photo: Jessica Hromas

Credit card holders have been ripped off more than $2 billion in nearly half a decade because of banks' failure to pass on official interest rate cuts, research shows.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Queanbeyan news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.