Credit card holders gouged more than $2 billion since 2011, research shows

By Esther Han
Updated August 4 2015 - 12:08pm, first published 11:24am
The major banks are being accused of gouging customers with startling high interest rates. Photo: Jessica Hromas
The major banks are being accused of gouging customers with startling high interest rates. Photo: Jessica Hromas

Credit card holders have been ripped off more than $2 billion in nearly half a decade because of banks' failure to pass on official interest rate cuts, research shows.

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