FC Reputation with Grand Companies

Does the rep you get with your FC for the Grand Companies do anything?

Discounts on things like Actions.

Ah, thanks for the info.

One more question if you switch Grand companies does your reputation drop to zero with the previous Grand Company?

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Originally Posted by Krokov

One more question if you switch Grand companies does your reputation drop to zero with the previous Grand Company?

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I believe it slowly decays.

Also, max reputation with the GC halves travel costs to all zones in that region.