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LowCards.com Weekly Credit Card Update–December 11, 2015

Costco Earnings Hurt by Credit Card Switch Costco’s breakup with American Express is exposing a behind-the-scenes revenue source for retailers that promote co-branded cards: finders fees. After 16 years of exclusive relationship with American Express, Costco decided earlier this year to switch its U.S. credit-card contract to Citigroup and Visa. Although the switch to new

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