How to qualify for windfall when visa floats?

Question

I have about 8 visa dr cards and a visa cr card, I don't use them a lot but most of my money is in accs with visa cards.
Am I likely to get a windfall when visa floats? how can I improve my chances?

Answer 1

Unfortunately you will not get a bonus and there's nothing you can do about it. Visa is owned by approx 40 banks around the world. They will get all the proceeds when Visa floats.

If you're thinking about Building Societies converting to Banks, the reason customers received a bonus is that the law states that when you open an account with a Building Society you become a part-owner. The Building Society needs the owners to vote in favour of becoming a bank, so they offer a bonus of money or shares for conversion. Having a Visa card does not give you part ownership of Visa, so they don't need your vote, so no bonus will be paid.