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Thread: Details on new Citi Costco VISA.
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Old Mar 30, 2016 | 6:08 am
  #94  
mia
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Originally Posted by garykung
4. Last but not the least, there is no urgency for Citi to have new apps.
I think there will be some urgency because Costco receives a payment from the issuer each time a new credit card account is opened. They have pointed to the disruption of this commission income from American Express to partly explain their recent mediocre financial results.
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