Beginning July 22, JPMorgan Chase will no longer charge overdraft fees incurred by purchases that cost $5 or less, according to the bank's checking disclosure notice. The new policy will prevent customers from wracking up outsized fees for small purchases -- like a $34 overdraft fee for a $3 slice of pizza.
American Express cards will continue to be accepted at Costco stores until June, or perhaps mid-summer, when the contract will be switched to Citi. Costcoâs switch from American Express to Visa is being pushed back to this summer. Itâs now saying that transition will happen in June or by midsummer.
Sorry, Costco shoppers: soon enough, you won't be able to use the American Express credit card in your wallet to buy that pallet of peanut butter. American Express announced Thursday that its co-brand and merchant agreements with Costco Wholesale Corp. will end next year.ffective March 31, 2016, American Express credit cards won't be accepted at Costco stores. Neither will the co-branded American Express TrueEarnings business and personal Costco credit cards, which have been on the marketplace since 2004.