FlyerTalk Forums - View Single Post - C1 offer to convert Venture X to a charge card.
Old May 14, 2023 | 7:58 am
  #5  
WasKnown
 
Join Date: Apr 2021
Location: Manhattan, Palm Beach Island, San Francisco, Boston, & Hong Kong
Programs: Lifetime United Global Services, Delta Plat, Hyatt Globalist, Marriott Ambassador, & Hilton Diamond
Posts: 3,165
Originally Posted by mia
I wonder if this also frees up capital because they (perhaps) no longer need to calculate loss reserves based on the full revolving credit line?
Perhaps. I would be surprised if this was a large difference as they are likely targeting transactors specifically for the charge card conversions.
WasKnown is offline