Re:Canada 'sleepwalking' into cashless society, consumer adv...
by throw0101b on Sunday June 30, 2024 @02:43PM
(#40839126)
> […] seeing as any given bank can only have one credit card affiliated with it.
CIBC has both Visa and MasterCard:
* https://www.cibc.com/en/personal-banking/credit-cards/costco...
As does RBC:
* https://www.rbcroyalbank.com/credit-cards/travel/rbc-avion-v...
* https://www.rbcroyalbank.com/credit-cards/travel/westjet-rbc...
BMO:
* https://www.bmo.com/main/personal/credit-cards/bmo-cashback-...
* https://www.bmo.com/en-ca/main/personal/credit-cards/bmo-ecl...
Not sure where you got the idea, as simply visiting the websites would have show otherwise.
Re:Canada 'sleepwalking' into cashless society, consumer adv...
by radicality on Sunday June 30, 2024 @02:33PM
(#40839037)
> any given bank can only have one credit card affiliated with it.
Is that true? Is that an actual law, or some anticompetitive terms&conditions from Visa and Mastercard? If anything feels like the law should ban this kind of anti competitive behavior.
Re:Canada 'sleepwalking' into cashless society, consumer adv...
by err4nt on Sunday June 30, 2024 @02:38PM
(#40839087)
It doesn't appear to be true if you check websites of Canadian banks (e.g. CIBC, RBC, BMO, Scotia…) they all offer Visa and Mastercard, and Scotia even also offers Amex as well.
Re:Canada 'sleepwalking' into cashless society, consumer adv...
by sudosysgen on Sunday June 30, 2024 @02:38PM
(#40839088)
I don't think that's true. My bank (in Canada) offers both Visa and Mastercard, and I have both.
I suppose online banks could change things a bit, but without that, introducing a new credit card provider is practically impossible.