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theguardian.com
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Australian Credit Card "Churning": Rewards and Risks
Australians are increasingly using credit cards to accumulate frequent flyer points, a practice known as "churning," which offers substantial rewards but carries risks of debt and damaged credit scores; while beneficial for some, it disproportionately affects low-income individuals.
Australian Credit Card "Churning": Rewards and Risks
Australians are increasingly using credit cards to accumulate frequent flyer points, a practice known as "churning," which offers substantial rewards but carries risks of debt and damaged credit scores; while beneficial for some, it disproportionately affects low-income individuals.
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