American Express and JetBlue ending card partnership

15 Feb, 2015

American Express Co, which said on Thursday that its credit card partnership with Costco Wholesale Corp would end next year, is also ending its co-branded card deal with JetBlue Airways Corp, according to a published report. Bloomberg, citing people with knowledge of the matter, said on Friday that JetBlue has reached a new deal with Barclays Plc and Mastercard Inc.
Representatives of American Express, Jet Blue and Barclays declined to comment on the report. A Mastercard spokesman was not immediately available. American Express shares fell more than 9 percent on Thursday and Friday following its disclosure of the lost Costco business.

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