Business cards to boom as consumer rewards take RBA haircut

Warwick Ponder
Editor
29 Sep, 2026
Banks are cutting consumer rewards while offering ABN holders 375,000-point bonuses, as government-issued NAB cards retain commercial rates, exposing small merchants to higher costs under Canberra’s own rules from October.
Business cards to boom as consumer rewards take RBA haircut

Banks are cutting consumer rewards while offering ABN holders 375,000-point bonuses, as government-issued NAB cards retain commercial rates, exposing small merchants to higher costs under Canberra’s own rules from October.

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