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Costco - Notification of termination of American Express Card Acceptance

Got the email from Costco:


Notification of termination ofAmerican Express Card AcceptanceDear Member,
From April 30 this year, Costco Wholesale Australia will cease to accept payment by American Express card at Australian locations, as our existing credit card agreement expires. As part of our continuing commitment to provide our members with the best value possible, we will no longer process these transactions from May 1, 2016.
We continue to accept cash, debit, Visa and Mastercard. There is also an ATM in each warehouse for your convenience.
We value your business and your choice to be a Costco member, and we are confident that we will continue to offer you the quality and value we are known for.
If you have any further questions or concerns, please visit the membership counter at the warehouse and we will be happy to assist you.
Yours sincerely,
Patrick NooneManaging Director
Costco Wholesale Australia
Seriously? Everyone is jumping Amex these days. Come on?!

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