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sendero

(28,552 posts)

44. Exactly......

Mon Mar 2, 2015, 10:36 PM

Mar 2015

..... fro the life of me I cannot figure out why Costco ever entered into an agreement with AmEx. All cards suck, but they take it to a whole new level with a 4% or so discount.

This seems like a positive development to me.

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Costco names Citi, Visa as new credit card partners after AmEx deal ends [View all] Omaha Steve Mar 2015 OP

Bought a bunch of stuff at my Costco last weekend, lol. closeupready Mar 2015 #1

not for me, I am a long time Amex user, but don't need a new visa card. If they won't take the one hollysmom Mar 2015 #2

I'm pretty sure they will accept any card with the VISA logo SoCalNative Mar 2015 #6

"Costco will accept other Visa cards under the new agreement" lutefisk Mar 2015 #12

thank you very much, but I looked, I have a master card, not a visa, sigh. n/t hollysmom Mar 2015 #15

That's good news! Easier for us, too. eom BlueCaliDem Mar 2015 #51

Hear ya. Cash is typically how I pay. Credit cards are toxic, IMO. closeupready Mar 2015 #8

Rewards! oldandhappy Mar 2015 #27

I used my Amex almost exclusively for Costco and gasoline purchases.... PassingFair Mar 2015 #57

I tend to be on the same page as you still_one Mar 2015 #10

I don't know what AmEx was thinking in letting their partnership end KeepItReal Mar 2015 #3

you know who pays for your miles and your disney points? Mosby Mar 2015 #22

"The retailer, that's who." So what. Fine with me. closeupready Mar 2015 #24

My wife likes Costco but we dropped our membership Roland99 Mar 2015 #4

Unfortunately Sam's Club drmeow Mar 2015 #7

I know Roland99 Mar 2015 #16

Costco takes all debit cards. tridim Mar 2015 #5

Years ago my wife started going to Cosco. C Moon Mar 2015 #9

I'm confused... TreasonousBastard Mar 2015 #11

This would only be for individuals that WANT a Costco card Omaha Steve Mar 2015 #14

Of course it is. Just like people who... TreasonousBastard Mar 2015 #17

Costco itself allows employees to unionize if they want Omaha Steve Mar 2015 #18

Amex charges twice what visa and mc charge to retailers. Mosby Mar 2015 #20

Exactly...... sendero Mar 2015 #44

Maybe you don't understand Mosby Mar 2015 #21

My understanding is it will take any Visa since that is in the release too Omaha Steve Mar 2015 #23

Sure, you can. The agreement at issue here is about getting an extra yearly discount closeupready Mar 2015 #26

costco does not take CCs except for the costco Amex. Mosby Mar 2015 #28

Oh, okay, it appears you are correct. At any rate, I don't use credit cards, closeupready Mar 2015 #29

Any American Express card, I believe lutefisk Mar 2015 #30

So if you want the discount points for Costco, Ilsa Mar 2015 #32

The way I read it is they will take any Visa Omaha Steve Mar 2015 #33

Costco treats their employees like human beings and not like cattle. They have a decent business... Hekate Mar 2015 #25

It can be terrible confusing to anyone who is unable to take the bad with the good. LanternWaste Mar 2015 #31

Even more confusing to those who don't get irony. TreasonousBastard Mar 2015 #46

I won't get a citi card just to use at Costco. City Lights Mar 2015 #41

I've been using another bank's Visa check card there for a while... TreasonousBastard Mar 2015 #47

Just got my Costco Amex a couple of months ago, only to discover that they put my street name Dustlawyer Mar 2015 #13

exclusive contracts between CC companies and retailers should be illegal. Mosby Mar 2015 #19

Retailers brand with a bank (Citi in this case) for cards Ruby the Liberal Mar 2015 #35

Costco switched it's exclusive credit cards from Amex to Citi VISA Mosby Mar 2015 #36

You didn't read the article Ruby the Liberal Mar 2015 #38

correction... jljamison Mar 2015 #53

This article says something different Mosby Mar 2015 #54

...acceptance is different than issuance jljamison Mar 2015 #55

Alaska airlines VISA card. Blue_In_AK Mar 2015 #34

The only credit card they will take is the citi VISA Mosby Mar 2015 #37

That's incorrect, they'll take any Visa tammywammy Mar 2015 #42

None of the articles I read on the topic are as clear about the differenrt cards as they should be Mosby Mar 2015 #45

The part I quoted is pretty clear tammywammy Mar 2015 #49

Wall Street journal says this: Blue_In_AK Mar 2015 #48

it could be they changed for the customers demigoddess Mar 2015 #39

Costco expects the current card holders to get new cards tammywammy Mar 2015 #43

That's what I was hoping for. Thanks for the info, didn't read the whole thing, just the replies. freshwest Mar 2015 #50

Cash only for us I guess. City Lights Mar 2015 #40

Well that's irksome. Jester Messiah Mar 2015 #52

Ah. I've been mis-reading. Orsino Mar 2015 #56