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Neiman Marcus, HSBC face off over credit card business

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moonman
Frequent Contributor

Neiman Marcus, HSBC face off over credit card business

http://www.dmnews.com/Neiman-Marcus-HSBC-face-off-over-credit-card-business/article/107730/ . Neiman Marcus was warned and now........
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1 REPLY 1
haulingthescoreup
Moderator Emerita

Re: Neiman Marcus, HSBC face off over credit card business

"With credit card customers among retailers' most loyal and most valuable customers, merchants are discovering that banks aren't providing the same kind of attention to customer service to these customers that they themselves would. These outsourced arrangements also hamper a retailer's ability to leverage its brand via communications to credit card customers."

Heads up, all those upscale retail stores that use WFNNB and GEMB!
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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