Costco dumping AmEx, starting new card with Visa - KWWL - Eastern Iowa Breaking News, Weather, Closings

Costco dumping AmEx, starting new card with Visa

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(NBC) -

Costco is ending its longtime, exclusive relationship with American Express and starting a new program with Citi and Visa.

The warehouse giant announced the deal Monday.

Starting in April 2016, Citi will become the exclusive issuer of Costco Visa cards.

The card will offer rewards to Costco members. 

The company will provide more information in the coming weeks about how customers can transition to the new card. 

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