Originally Posted by
GUWonder
If the card business were still very lucrative to Radisson, they would have rushed to maintain and build the card business in the run-up to prepping themselves for the announced sale and/or to maximize their valuation (for sale or for acquisition purposes) instead of doing what they did with staffing decisions and the card business.
Perhaps US Bank was aware of the upcoming sale and didn’t want to renew just to then have to re-negotiate with the new owners? Or Radisson thought it was easier to sell the company without a long term credit card contract (not sure what typical cancellation clauses are).
In other news, no AF refund yet. My statement should close tomorrow or Saturday.