Business
Westpac to offer young customers ‘subscription credit’ – The Australian Financial Review
A new no interest credit card called Flex will allow Westpac to keep pace with structural shifts in the demand for credit to…
The fee-lite construct points to structural shifts in the profit-generating capability of credit card portfolios; Westpac will fund it from the capped interchange fees paid by merchants to a cardholders bank.
Gone are the days where big credit limits on…
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