I suppose online banks could change things a bit, but without that, introducing a new credit card provider is practically impossible.
I suppose online banks could change things a bit, but without that, introducing a new credit card provider is practically impossible.
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.
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.