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Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio Beginning April 1st 2016

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Cory
Established Contributor

Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio Beginning April 1st 2016

Hello,

I just read this press release from Costco. Pretty cool. I love Citi, and glad that Costco will finally accept Visa Credit Cards. To bad that MasterCard wasn't chosen. The Double Cash Card would have made a killing. I guess Citi took that into consideration (probably).

 

http://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-newsArticle&ID=2021495

Message 1 of 9
8 REPLIES 8
Anonymous
Not applicable

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio


@Cory wrote:

Hello,

I just read this press release from Costco. Pretty cool. I love Citi, and glad that Costco will finally accept Visa Credit Cards. To bad that MasterCard wasn't chosen. The Double Cash Card would have made a killing. I guess Citi took that into consideration (probably).

 

http://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-newsArticle&ID=2021495


Oh man, Not citi! Too many inquiries here. Smiley Tongue

Message 2 of 9
mitchblue
Valued Contributor

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio


@Cory wrote:

Hello,

I just read this press release from Costco. Pretty cool. I love Citi, and glad that Costco will finally accept Visa Credit Cards. To bad that MasterCard wasn't chosen. The Double Cash Card would have made a killing. I guess Citi took that into consideration (probably).

 

http://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-newsArticle&ID=2021495


Probably had to do with more owned Visa than MC.

FICO® 8 Scores 821 FICO® 9 Equifax 826 (Updated 02-7-23)
Message 3 of 9
vikingred
Frequent Contributor

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio

Yeah citi hates me.  I have 17 INQs on EQ, a few less on the other 2, too many new accounts, blah blah blah.  Citi if you're reading this, come up off the INQ sensitivity.  Please.  Thanks.

Message 4 of 9
IcEWoLF
Frequent Contributor

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio

Never been impressed with Citi...

 

BTW, my AMEX Costco Card was my 2nd card I ever obtained back in 2008, will Is till retain my member since with my other existing AMEX cards?

EQ: 768 TU: 769 EXP: 805
Ritz Carlton: 18k
CSP: 7K | Chase Freedom: 5.7K
MERRILL+® VS: 9K | BOA AMEX: 1K
BOA 123: 7K Discover IT: 6K | Discover Chrome 4K | Costco AMEX: 15K | AMEX PRG NPSL | AMEX BCE 15K | Barclay NFL: 4.9K | Citi TYP 7K | Amazon Chase 1.7K | Barclaycard Arrival Plus WEMC 5K | Citi DC 5K | FNBO AMEX 4.8K | CAP 1 QS 10K | U.S. Bank Cash+ VS 5K |U.S. Bank Perks+ VS 6K
Message 5 of 9
Skye12329
Valued Contributor

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio Beginning April 1st 2016

I think there's another thread about this already
BK7 - 2/21
Cap1 QS - 2k (4/21)
Mission Lane - 4k (11/21)
Venmo - 900 (11/21)
SavorOne - 2500 (12/21)
VentureOne - 2000 (7/22)
Message 6 of 9
Anonymous
Not applicable

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio

Sh***y bank (called by former citi employee). they don't want me! so I know that I won't be applying for this card. i hope, i hope and I hope we can use any other visa at costco, then my au amex card will be gone for good.

 

but anyway, pack your stuff because this thread will be moving to a new location! Smiley LOL

Message 7 of 9
chalupaman
Super Contributor

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio Beginning April 1st 2016

Yay. Another card for Citi to destroy. Wonderful. 

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 8 of 9
09Lexie
Moderator Emerita

Re: Citi to become the Sole Issuer of Costco's Visa Credit Card Portfolio Beginning April 1st 2016

Message 9 of 9
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