The major issuers of credit cards in Australia are banks but there are also some credit cards that are issued by non-bank organisations. Which of the following is not a credit card issued by a bank?

Question

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American Express is not a bank; it is a financial services company that issues credit cards and other forms of payment. The other options (Visa, Bankcard, MasterCard) are all payment systems that are backed by banks.

The Major Issuers of Credit Cards in Australia Are Banks