This might be a big blow to us who has RBC Starbucks Duetto Visa and loves using it to purchase coffee every morning.
I heard that with the announcement of JP Chase to drop co-branded credit cards like their Starbucks Duetto Visa in the US, RBC has also decided to terminate their co-branded deal with their Starbucks Duetto Visa. This is in relation to the merchant's inability to tempt enough credit card users to make the deal profitable. I also heard that other credit card companies will also be doing this in order to survive the market crisis.
Please read the whole post here:
http://www.canadian-money-advisor.ca/archives/2010/03/credit+card+companies+reducing+numbers+of+cobranded+offerings.html