Off-Topic: Wizard Wix and Martini Mix Perfect Together
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Name:
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GoneFishin
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Subject:
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Wizard Wix and Martini Mix Perfect Together
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Date:
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2/26/2015 6:54:10 PM
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The point is that the total revenue that AMEX collected from card discounts for 2013 is $18 Billion. That total is for ALL of their cards...not just Costco. The $140 Billion from Costco cardholders is NOT revenue but simply money they collected as a billing agent. From that, they deduct their 2-3% around $3.5 of the $18 Billion.
I use my EBT for food and my credit card for all other items when I shop. The best of both worlds.
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