Costco

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Costco to Switch from American Express to MasterCard

American Express already discontinued its credit card that was affiliated with Costco, so I guess it was only a matter of time before Costco stops accepting American Express all-together. The negotiations between American Express and Costco have broken down. In the past, American Express was the only credit card accepted at Costco. But now it seems that they will be switching to MasterCard instead.

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[DISCONTINUED] American Express TrueEarnings Card

This is the second credit card that American Express has discontinued in 2014. The first being the American Express ChoicePlus Card.

Rumour has it that American Express and Costco had a disagreement. This is quite unfortunate because the American Express TrueEarnings Card was a gem. Below were the highlights of the credit card: