These rorting fees are not unique to Australian credit cards / banks. They have become internationally pervasive as the norm. One needs to actively seek out issuers who do not apply those fees to avoid them.
ING is one of our few issuers that can be a pain to start up with, but if you play their game of ‘$1,000 deposit and 5 transactions pcm’ all those fees are waived for the following month, with no hidden fees as with some of the others.
Note retired people need not bother applying with ING, and there are other topics highlighting retirees and cards that is relevant.
