Recently, there has been a devaluation of credit card incentives. Credit cards and banks provide significant revenue to DFS.
To access lounges, banks are asking its customers to spend a certain amount. Like customers will have to spend a minimum of 10k/month to access the quarterly lounge benefit.
These have been on most issued entry level cards which i think will have a short term impact on dreamfolks revenue. I intend to quiz the management about it in the next concall.
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