Credit card debt made its seasonal dip in January after peaking in December as credit card volume eased back too, following the holiday shopping season. However, credit card debt is up 14.6% and charge volume is running 13.8% higher than January 2006. Also, credit card limits reached a new high at A$104.7 billion, marking the fifth consecutive month of A$100+ billion. Card volume was A$15.7 billion during January, compared to a previous record of A$17.1 billion set in December, according to the Reserve Bank of Australia. For January, credit card balances decreased about A$0.6 billion from the previous month. One-year ago credit card debt stood at A$33.5 billion. Gross dollar volume on credit card and charge cards was A$13.8 billion for January 2006. There are currently 13.3 million credit card and charge card accounts in Australia, compared to 12.6 million one-year ago.