Forums › Frequent flyer programs › The British Airways Club › RevPoints from Revolut › Reply To: RevPoints from Revolut
@BBetter – the trouble is that the regulators can’t really create competition and they are also responsible for stability. . Sainsbury’s is just acknowledging the failure of its banking project as Tesco did a while ago. M&S Bank is a little different. Virgin Money agreed to be taken over for half book value when its attempt to be a challenger bank failed badly. Metro Bank has been a fiasco and even Starling, considered a good quality bank has issues.
While we continue to enjoy free banking, it’s really tough to compete with the mainstream banks.
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