Taking the place of Charlotte-based Bank of America will be Juniper Bank, a subsidiary of British-based Barclays PLC, which agreed Monday to pour $455 million into the merger between US Airways and America West Airlines. In exchange, Juniper will have the exclusive right to market the US Airways credit card beginning in 2008, after a two-year transition period in which both banks can offer US Airways cards, according to regulatory documents filed Monday.
I'm the expert on here on two things, neither of which I care about much anymore.
Goodmanr From United States of America, joined Apr 2005, 297 posts, RR: 0
Reply 5, posted (9 years 7 months 3 weeks 2 days 6 hours ago) and read 3898 times:
Quoting Mtnmanmakalu (Reply 4): Stingy?? I wouldn't invest one red cent of my $ in anything to do with the mess called US Airways!!!
I second that...once the MBNA transaction is complete, BofA will be the largest issuer of credit cards, they don't really need US and are happy letting Barclays have it, and at a tune of 450million, why not?