Choice of cards of little benefits

Australians have a choice of about 240 different credit cards, with new ones appearing all the time, such as the new Aussie Home Loans card launched just last week.
Nanjing Night Net

Andrew Willink, managing director of the Cannex research company, says increased choice hasn’t yet brought increased benefit to the consumer.

“We have a lot of choice. We have great special offers. We have a fantastic payments system. We have innovative rewards,” Mr Willink told The International Consumer Credit Card Summit.

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