Newspaper article The Observer (Gladstone, Australia)

One-in-Three Aussies Worry about Using Credit Cards at the Checkout

Newspaper article The Observer (Gladstone, Australia)

One-in-Three Aussies Worry about Using Credit Cards at the Checkout

Article excerpt

NEW consumer research has found that more than one third of Australians feel worried or anxious when using credit cards at the checkout, as they are spending money they don't have.

The survey, which polled 1000 Australians and was commissioned by eftpos, Australia's leading payment system, also found that Australians are most satisfied when they use debit (by pressing CyCHQ' or CySAV' at the checkout) as opposed to credit for purchases. Not only is this because they know they are spending their own money but the survey found the majority of Australians feel safer carrying a debit card as opposed to cash or credit cards.

Survey results show New South Wales to be the most anxious with more than one fifth of the state admitting they swipe their credit cards too frequently, spending money they don't have. Residents of Victoria and the Northern Territory were also quick to use credit at the checkout.

However, not all of us are worried about paying with credit cards. …

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