FlyerTalk Forums - View Single Post - ANZ visa again - now they really are crazy
Old Nov 27, 2003 | 3:58 am
  #7  
aura
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Join Date: Apr 2002
Location: Sydney
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Mwenenzi:
The 80 / 20 rules is in effect. 80% of the money goes on 20% of the cards. The cost of processing is on a per purchase. The ANZ income is on % of dollar spent. They are really hurting. [This message has been edited by Mwenenzi (edited Nov 27, 2003).]</font>
are you saying a large number of the 20% of high-value cards are being cancelled? and where did you get the info from, it's very interesting
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