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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Costco Amex changing Date:  4/16/2016  8:15 PM
Author:  aj485 Number:  310419 of 313032

I LOVE it when Internal <Eyes Only> commercial communications get leaked into the mainstream. The potential trade is short COSTCO/American Express buy Visa(R).

That 'potential trade' is long gone. This has been publicly announced since November, and the news has long since been priced into both company's stock prices, along with being priced into Citi, the servicer that will supply the Costco Visa cards.

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