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Based on the Summary of Profit drivers below, what are a couple of insights you can draw about the difference between metal and plastic card
Based on the Summary of Profit drivers below, what are a couple of insights you can draw about the difference between metal and plastic card customers?
Summary of Profit Drivers: Lifetime Card Cost (I.e., cost to Capital One to produce the card and any replacement cards) Plastic $25 Metal $75 Annual Servicing Cost Plastic $10 Metal $10 Average Annual Spend Plastic $200,000 Metal $220,000 Average Annual Interest Revenue Plastic $100 Metal $40
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