Well, that didn't take long.

[randomness]

It's less than three weeks from the day Costco announced they were ending their exclusive arrangement with AmEx to today's announcement that they will begin accepting Visa.

From the Wall Street Journal:

"Starting April 1, 2016, Visa will be the only brand accepted at Costco. In addition, Costco will partner with Citi to issue a new co-branded card to replace an existing AmEx-Costco card."

Comments

[bikergeek.livejournal.com]

Article is paywalled.

I wonder what they're going to do with the existing base of Costco AmEx cardholders. Do I get a regular Amex account, plus whatever newfangled thing Costco issues?

[r-ness.livejournal.com]

Ah, sorry about that. I got there via this link from Google News. It might work for you, or you might have to search Google News for "Amex Costco" and find the link for the WSJ article "Costco Names Citi, Visa as New Credit Partners".

You might not want to bother but I thought I'd offer.

It doesn't actually say what AmEx will do for their current cardholders. I assume I'll get another AmEx card without a Costco link, which I don't particularly need.

(ETA: I'm sure both AmEx and Costco--and probably Citi as well--will be in touch as April 2016 approaches.)

[bikergeek.livejournal.com]

Thanks for the link. And yeah, I probably don't need an AmEx, myself.