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Old 27th July 2004, 01:28 PM
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pbsavage pbsavage is offline
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Join Date: Mar 2004
Posts: 12
I think most of the banks would love to move everyone over to AMEX. Since the RBA changed the fee structure on Visa/MCard, they now earn less of a kickback when the card is used. Hence the reduction of value of the points now. AMEX was not included in the RBA change, and banks can now earn more from having their customer on AMEX cards. (i think anwyay)
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