Costco and Citi Forge New Retail, Credit Partnership

The video discusses the benefits of the Costco card, offering cashback on various purchases. It highlights the market potential and importance of the card for Citi, with 11 million cards being introduced. Consumer spending trends show strong sentiment, with low credit losses. The partnership between Costco, Visa, and Citi is strategic, focusing on value for members. The video concludes with the potential growth and success of the card in the coming years.

What benefits does the Costco card offer to its members?

What is the significance of adding 11 million new customers for the company?

How many Costco members are there, and how many currently have the card?

What challenges are mentioned regarding consumer spending and credit?

How does the partnership between Costco, Visa, and Citi aim to benefit members?