Originally Posted by robsaw

Moneris does not have access to the agreement between Air Canada/Aeroplan and their co-branded credit card issuers and what % is earned on a per transaction basis. Also, you are confusing revenue and profit in some of your statements.

A back of the envelop calculation for AC to achieve $1.5B in REVENUE from co-branded credit cards would have them taking about 30% of ALL VISA interchange that goes to the issuing banks in Canada. Seems rather extreme. How much of all VISA cards in Canada does co-branded Aeroplan cards constitute?