Quote:
Originally Posted by flipv
You're definitely in the minority there! It will be interesting to see how the big banks respond as they're predominantly visa issuers. Bmo must be getting increased CC business due to the MC Costco tie up and they are coincidentally (whether or not through causation isn't called out) but news like these really do bellwether what issuer(and bank) can get the most revolving credit business
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Is this really true anymore?
I don't have any stats on hand but anecdotally, it seems like more banks are starting to move towards Mastercard instead. RBC has its growing set of Mastercards and Tangerine chose Mastercard for its first credit card offering.
Are there any stats on credit card market share? It definitely seems like Mastercard is gaining ground.