Off-Topic: Yes, it is true
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Name:
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MartiniMan
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Subject:
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Yes, it is true
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Date:
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2/26/2015 2:40:26 PM
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Yeah I looked it up. Can you believe that Costco sales are over $110B and I am willing to bet a lot of that revenue went to AMEX. I read that the Costco AMEX card accounts for $140B in revenue to AMEX which is mind boggling. No wonder their stock dropped when it was announced. I can tell you not being able to use an AMEX at Costco will not change how much I spend there so the big loss is theirs.
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