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Article references Costco getting bummed that their customers could use VISA in plenty of places and that's correct. However, I'm an AMEX cardholder and I've yet to run into a place who doesn't accept AMEX.

However, Costco is right AMEX is just a vendor and if they can find cheaper or better vendor with benefits then more power to them.

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Yeah, but I'm in the demographic being discussed in the article: I'm an AMEX cardholder for the sole purpose of being able to shop at Costco. The AMEX doesn't otherwise come out of my pocket, for the simple reason that there are places that won't take it and I'm too lazy to turn around and look for the sticker on the door. When the Costco contract drops, I'm almost certainly going to cancel the account.

Really? I only have an AMEX card and unless it's a chain store it's almost never accepted. I often get lectures from small business owners about the higher rates charged by AMEX and why they can't accept it.

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