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本帖最后由 ibm 于 2011-9-21 10:46 编辑
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TD Bank Group (“TD”) today announced a definitive agreement under which TD will purchase MBNA Canada Bank’s (“MBNA Canada”) credit card portfolio as well as certain other assets and liabilities from Bank of America Corporation (“BAC”). MBNA Canada is the leading provider of affinity and co-branded credit cards in Canada, the largest MasterCard credit card issuer in Canada and the country's fourth largest credit card issuing bank. With this acquisition, TD will become a dual issuer of both Visa and MasterCard credit cards. In addition, this will significantly build on its existing credit card business and expertise in the affinity market.
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It’s Business as Usual.
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Subject to regulatory approvals and satisfaction of customary closing conditions, we expect the transaction to be completed between November and January 2012. In the interim, we will be working together to work through transition plans. As a result of this announcement, there are no changes which impact customers, members or affinity partners at this time. Please continue to make your payments and conduct business in the way you always have. We are committed to keeping you informed of our progress and any impacts that may affect you.& G1 z" K/ [$ a& ?: s/ T
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Will any of the coverages or insurance I have on my on my MBNA Canada credit card change or is there any change to other coverages I have such as Travel Insurance, Balance Protector or Identity Theft?
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+ g3 p3 i5 y3 w+ H, ~' tNo, it is Business as Usual. There are no changes to the features and benefits of your Card or any other coverages based on this announcement. We expect the acquisition to be completed between November and January 2012 and we will be working through transition plans.We are committed to keeping you informed of changes that may impact you throughout the transition and integration process. |
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