Old Jun 25, 19, 5:05 pm
Join Date: Jul 2014
Location: Western US
Programs: Costco Executive Member, Amazon Optimus Prime
Posts: 784
FWIW, when City acquired the Costco loan portfolio it was about 10bn or so in dollars.

CFO Gerspach said that in a July 2016 conf call which might googleable.

I seem to remember reading that about 20% of card holders carried balances at the time.

Not sure if its true now.

To put in context, 40% of Double Cash customers carry balances while only 10% of Prestige ones do.

Those were estimates given out a Citi Investor Day maybe last year?
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