How Much Does it Hurt Amex to Be Losing Costco?

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    Citibank significantly overpaid to grab the Costco co-brand away from American Express -- even though the deal should have been worth more to American Express than to Citi. Indeed, under the arrangement Costco's credit card acceptance costs will be near zero. Continue reading How Much Does it Hurt Amex to Be Losing Costco?...

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