Qantas, Virgin get nod for controversial debit cards

Sydney

AUSTRALIAN airlines Qantas Airways and Virgin Australia Holdings have been given the go-ahead for controversial plans to send unsolicited and potentially illegal debit cards to their millions of frequent flyer members, according to a report.

Corporate regulator the Australian Securities and Investment Commission (ASIC) has given the airlines a "no-action" letter regarding the cards, meaning they do not plan any regulatory response, according to Compliance Complete, a Thomson Reuters publication.