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The bank's private-label credit card division, Citi Retail Services, issues store-issued credit cards for such companies as: American Airlines, Best Buy, ConocoPhillips, Costco, ExxonMobil, The Home Depot, Sears, Shell Oil, and Staples Inc.
Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services company in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002.
A number of Costco members received emails from Citi, alerting them that their credit card accounts had been closed.
If you're a frequent Costco shopper, the Costco Anywhere Visa® Card by Citi is something to have in your wallet. Costco Anywhere offers cash back rewards that you can use to shop at the retail...
Prior to that, Costco credit cards had been issued by American Express since 2001, and Costco accepted only American Express cards for credit transactions. After the switch of its co-branded cards to Citi, Costco ceased accepting AmEx and began exclusively accepting Visa.
Costco has two major cash back rewards credit cards for personal and business use. They are the Costco Anywhere Visa Card by Citi and the Costco Anywhere Visa Business Card by Citi.
On October 28, 2022, Citi also announced that AO Citibank agreed to sell a portfolio of ruble-denominated personal installment loans to Uralsib, a Russian commercial bank. Citi also agreed to transfer to Uralsib a portfolio of ruble-denominated credit card balances, subject to customer consents.
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