Costco has reached an agreement with Citi for a new co-branded credit card program, shortly after dropping its similar deal with American Express.
Costco (COST) says it will start accepting Visa (V) rather than American Express (AXP) at its U.S. stores on April 1, 2016. Currently, the wholesale club retailer has accepted only debit cards and Amex for purchases in its stores or at its gas stations, although it also accepts Visa and MasterCard for online purchases.
Costco teams with Citi, Visa - Mar. 2, 2015
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