Australia is set to ban credit card surcharges from October 1 under new rules. Banks will overhaul loyalty perks then. Credit card points and rewards will be cut from next month. The change affects businesses across the country that pass on card fees. Businesses that add fees must adapt before the ban.

A pub owner is thinking about moving to cash only ahead of the ban. News reports say the change is just 19 days away at this point. The new surcharge ban plus the bank reward cuts are due to take effect together from early October as announced.