Westpac to lose Virgin in 2008
(27 November 2007 – Australia) Westpac is severing links with Virgin Money after providing the manufacturing for its Virgin branded credit cards over the past few years.
Westpac will continue providing the credit card infrastructure and credit management for Virgin until the termination of the five year agreement in May 2008.
The bank said it will negotiate with Virgin on purchasing the Virgin credit card book from Westpac.
The bank said it will negotiate with Virgin on purchasing the Virgin credit card book from Westpac.
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