What abt Costco Credit card from Amex?

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Posted by me on June 28, 2010, 10:08 pm
 


I only have one credit card and pay it in full each
month.

I use it as a "checkbook" ... buy almost everything
with it.

I am also a Costco member and they have a cash back
card thru Amex.

I'm not a big fan of Amex for some reason... but Costco
has been terrific for everything I have bought from
them

I'm tempted to switch to the Costco card... does anyone
have one out there and can confirm no problems, etc?

Posted by The Real Bev on June 29, 2010, 2:18 am
 


On 06/28/10 19:08, me@privacy.net wrote:


I've had one for several years.  No problems, 3% back on gas (which is
generally the cheapest price around BEFORE the rebate), 2% on restaurants and
1% on everything else, and they send you a check in March or April.  It may be
a Costco-only check, but that's OK with me.

--
Cheers, Bev
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
"The almost universal access to higher education here in the US  has
  ruined a lot of potentially good manual laborers."      -- Bob Hunt

Posted by Fake ID on June 29, 2010, 2:52 am
 


According to the table on my statement it's 3% restaurants, 2% travel
(?), and two tiers (3% & 1%) of gasoline.

AFAIK, the Amex requires the Expensive Costo membership.  But that also
means that Costco purchases "double-dip"--earning a rebate from both
programs.  (Except gas--I think the membership rebate is for in-store
only.)

m

Posted by me on June 29, 2010, 12:07 pm
 

no-spam@sonic.net (Fake ID) wrote:


ahh...didn't know that..

do you still feel its worth it?

Posted by Fake ID on June 30, 2010, 4:20 am
 


As others have pointed out, I'm wrong about that requirement.  An
education that might just save me a little money.  Thanks.
For me the Expensive membership rebate has been practically a wash.
I'm down $7 this year, up $5 last, compared to the Regular membership.

Regarding the original question about Amex...
I can't think of any reason to not get an Amex if you already have the
Costco membership.  It's a small rebate that wouldn't otherwise be
available (assuming Amex is still the only credit card Costco accepts).

Just in terms of a credit card, the Amex has been uneventful (while
Citi has been a PITA).  Something that I was hesitant to mention when I
replied last night was that Amex has been changing terms lately.  I
think it's part the fallout from the changes in law and not particulary
unique to Amex.  One thing was my due date shifted.  At least for June,
I had 6 more days to pay this year than a year ago.

m

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