FlyerTalk Forums - View Single Post - Details on new Citi Costco VISA.
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Old Jun 15, 2016 | 8:43 am
  #188  
mia
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Originally Posted by yugi
... The fees they charge at Costco are most likely less than 2% they give out.
Originally Posted by garykung
Citi has been screwed before it even knows it.
Bear in mind that Jud Linville, CEO of Citicards, worked at American Express from 1989 - 2010. I think it is safe to assume that he understands how the Costco relationship works, and that the three way agreement between Costo, VISA and Citi will give Citi a good opportunity for a profitable relationship with Costco.
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