Report cover image

Credit Cards in Australia

Publisher MarketLine
Published Nov 06, 2025
Length 43 Pages
SKU # MTLN20768272

Description

Credit Cards in Australia

Summary

Credit Cards in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • A credit card is a financial product provided by a bank or financial institution that enables the cardholder to borrow money up to an established credit limit for making purchases or withdrawing cash. The cardholder must repay the borrowed amount, either in full or over time, with interest and fees applied if the balance is not settled by the due date. The market scope covers the consumer credit cards market.
  • The Australian credit cards sector recorded balances outstanding of $22.2 billion in 2024, representing a negative compound annual growth rate (CAGR) of 5.2% between 2019 and 2024.
  • Sector consumption volume increased with a CAGR of 4.5% between 2019 and 2024, reaching a total of 3.5 billion transactions in 2024.
  • Australia accounted for a share of 1.4% of the Asia-Pacific credit cards sector in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the credit cards market in Australia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in Australia
  • Leading company profiles reveal details of key credit cards market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Australia credit cards market with five year forecasts
Reasons to Buy
  • What was the size of the Australia credit cards market by value in 2024?
  • What will be the size of the Australia credit cards market in 2029?
  • What factors are affecting the strength of competition in the Australia credit cards market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Australia's credit cards market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. ANZ Group Holdings Ltd
8.2. Commonwealth Bank of Australia
8.3. National Australia Bank Ltd
8.4. Westpac Banking Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Australia credit cards sector value: $ billion, 2019-24
Table 2: Australia credit cards sector volume: million number of transactions, 2019-24
Table 3: Australia credit cards sector geography segmentation: $ billion, 2024
Table 4: Australia credit cards sector value forecast: $ billion, 2024-29
Table 5: Australia credit cards sector volume forecast: million number of transactions, 2024-29
Table 6: ANZ Group Holdings Ltd: Key Facts
Table 7: ANZ Group Holdings Ltd: Annual Financial Ratios
Table 8: ANZ Group Holdings Ltd: Key Employees
Table 9: Commonwealth Bank of Australia: Key Facts
Table 10: Commonwealth Bank of Australia: Annual Financial Ratios
Table 11: Commonwealth Bank of Australia: Key Employees
Table 12: National Australia Bank Ltd: Key Facts
Table 13: National Australia Bank Ltd: Annual Financial Ratios
Table 14: National Australia Bank Ltd: Key Employees
Table 15: Westpac Banking Corp: Key Facts
Table 16: Westpac Banking Corp: Annual Financial Ratios
Table 17: Westpac Banking Corp: Key Employees
Table 18: Australia Size of Population (Million), 2020-24
Table 19: Australia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Australia GDP (Current Prices, $ Billion), 2020-24
Table 21: Australia Inflation, 2020-24
Table 22: Australia Consumer Price Index (Absolute), 2020-24
Table 23: Australia Exchange Rate, 2019-24
List of Figures
Figure 1: Australia credit cards sector value: $ billion, 2019-24
Figure 2: Australia credit cards sector volume: million number of transactions, 2019-24
Figure 3: Australia credit cards sector geography segmentation: % share, by value, 2024
Figure 4: Australia credit cards sector value forecast: $ billion, 2024-29
Figure 5: Australia credit cards sector volume forecast: million number of transactions, 2024-29
Figure 6: Forces driving competition in the credit cards sector in Australia, 2024
Figure 7: Drivers of buyer power in the credit cards sector in Australia, 2024
Figure 8: Drivers of supplier power in the credit cards sector in Australia, 2024
Figure 9: Factors influencing the likelihood of new entrants in the credit cards sector in Australia, 2024
Figure 10: Factors influencing the threat of substitutes in the credit cards sector in Australia, 2024
Figure 11: Drivers of degree of rivalry in the credit cards sector in Australia, 2024

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us