Australia will ban credit card surcharges from October 1 under new rules. Banks will overhaul loyalty perks at that time. Credit card points and rewards will be cut from next month. The change impacts businesses across the country that pass on card fees. Businesses that add fees will need to adjust.

A pub owner is thinking about moving to cash only prior to the ban. News reports say the change is just 19 days away as things stand. The ban on credit card surcharges and the bank reward cuts will start together from early October under the same timeline.