l****z 发帖数: 29846 | 1 American Express to lose Costco exclusivity
Card company says exclusive U.S. pact with bulk retailer to end in March
2016
The Wall Street Journal
By George Stahl 8 hours ago
American Express Co. said its merchant agreement with Costco Wholesale Corp.
will end next year, amid reports that the bulk retailer is negotiating with
other credit-card companies.
American Express has been the only credit card accepted at Costco’s U.S.
stores.
“Taking a very disciplined approach, we began discussions on a possible
renewal with Costco well in advance of the contract expiration. However, we
were unable to reach terms that would have made economic sense for our
company and shareholders,” Kenneth I. Chenault , chairman and chief
executive of American Express, said in a news release.
The card company said the pact would end March 31, 2016. Shares of American
Express fell 2.5% in premarket trading to $83.90.
Media reports late last year indicated that Costco was negotiating with
other credit-card companies, including Capital One Financial Corp and
MasterCard Inc. The change already has occurred in Canada, where Costco last
year replaced American Express with those other two card companies.
Costco’s deal with American Express had benefits for both sides. American
Express was the only credit card accepted at a store that had nearly $113
billion in sales in its most recent fiscal year; meanwhile, in exchange for
that exclusivity, Costco likely negotiated a lower discount rate from the
credit-card company. |
d**********0 发帖数: 13081 | 2 怪不得。 costco 用american express 是有传统的。
Corp.
with
【在 l****z 的大作中提到】 : American Express to lose Costco exclusivity : Card company says exclusive U.S. pact with bulk retailer to end in March : 2016 : The Wall Street Journal : By George Stahl 8 hours ago : : American Express Co. said its merchant agreement with Costco Wholesale Corp. : will end next year, amid reports that the bulk retailer is negotiating with : other credit-card companies. : American Express has been the only credit card accepted at Costco’s U.S.
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m********8 发帖数: 7463 | 3 costco 最终肯定要发行自己的信用卡的。沃玛,亚麻等其他店家也会跟进。形成规模
效应。
所以costco用任何卡都是临时性过渡性的。这个amex看的狠透
因此本侠不准备指责Amex CEO。他们显然已经尽力了
Corp.
with
【在 l****z 的大作中提到】 : American Express to lose Costco exclusivity : Card company says exclusive U.S. pact with bulk retailer to end in March : 2016 : The Wall Street Journal : By George Stahl 8 hours ago : : American Express Co. said its merchant agreement with Costco Wholesale Corp. : will end next year, amid reports that the bulk retailer is negotiating with : other credit-card companies. : American Express has been the only credit card accepted at Costco’s U.S.
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n****g 发帖数: 14743 | 4 这个合作到底是谁求谁啊
Corp.
with
【在 l****z 的大作中提到】 : American Express to lose Costco exclusivity : Card company says exclusive U.S. pact with bulk retailer to end in March : 2016 : The Wall Street Journal : By George Stahl 8 hours ago : : American Express Co. said its merchant agreement with Costco Wholesale Corp. : will end next year, amid reports that the bulk retailer is negotiating with : other credit-card companies. : American Express has been the only credit card accepted at Costco’s U.S.
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T*********I 发帖数: 10729 | 5 COST没怎么变。
AXP前天昨天共跌9%
【在 n****g 的大作中提到】 : 这个合作到底是谁求谁啊 : : Corp. : with
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n****g 发帖数: 14743 | 6 嗯。Costco不用这家用下家,问题不大,自身不受影响。
【在 T*********I 的大作中提到】 : COST没怎么变。 : AXP前天昨天共跌9%
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g*****w 发帖数: 1824 | 7 加拿大costco,去年年底就把AmEx扫地出门了。 |
T*********I 发帖数: 10729 | 8 原来用这家:Capital One Platinum MasterCard exclusively for Costco
【在 g*****w 的大作中提到】 : 加拿大costco,去年年底就把AmEx扫地出门了。
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G***s 发帖数: 739 | 9 看来来美国不超过十年的不少,运通的专用权也不长,以前是discover card only. |
e******n 发帖数: 3435 | 10 很讨厌capital one,看来以后只能上cash card
【在 T*********I 的大作中提到】 : 原来用这家:Capital One Platinum MasterCard exclusively for Costco
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h*h 发帖数: 845 | 11 当年本来跟visa谈的。结果一傻逼把内部含辱骂costco人员的邮件给forward出去漏给
costco了。于是visa彻底失去了Costco |
h*******k 发帖数: 1067 | 12 加拿大现在好像是Master都可以
【在 T*********I 的大作中提到】 : 原来用这家:Capital One Platinum MasterCard exclusively for Costco
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