Costco credit card benefits reddit. Also, I get my cashback monthly instead of once a year.

Costco credit card benefits reddit Some benefits to the card :: •No annual fee •Credit card = membership fee waived. Here’s what qualified cardmembers can expect on eligible purchases: 4% on eligible gas and EV charging for the first $7,000 per year and then 1% thereafter; 3% on restaurants and eligible travel Jan 17, 2024 · The main benefits of a Costco Credit Card are 4% cash back on the first $7,000 spent on eligible gas purchases each year (1% back thereafter) and 3% cash back at restaurants and on eligible travel expenses. I have these credit cards: Amazon Chase Prime Rewards Visa BoFA Customized Cash Rewards Visa Discover Card Apple Card Mastercard Bestbuy Citibank Credit Card Visa Which one is best for costco? I heard AMEX is not allowed. 25% online shopping with preferred rewards. It’s a poor man’s Costco membership. They do not offer travel interruption coverage any more. Costco travel prices are good, I’ve rented only through them lately. the Costco Citi card is a pretty good one for sure Exactly. I agree the Savor One would be a great fit if I didn't already have the Costco card. Thank you everyone for your feedback! I seem to recall the Costco/AMEX split was considered a pretty major event. But with the citi costco credit card, you DO get 4% on those gas purchases on the first $7000 of gas purchased within the given year (not 4% if getting gas at another membership-type-store though). However, is there a chance the credit card can give me the rest back as well through some travel benefit? Of course I intend to call the credit card, but I figured I'd arm myself with knowledge a bit before I call. Previously used Costco credit card, stopped after a bad customer experience. com. For other stuff use a 2% or more flat-rate card. This card is 2% at Costco and Costco. Also, it's nice to have the membership card and the credit card be the same. At the time American Express was the only credit card Costco accepted and switching to Citibank had a non-insignificant effect on AMEX's customer numbers. There is no point in using the Costco Citi card in Costco, especially since Citi dropped all of card benefits. What's everyone's opinion on the card? In my opinion it has some of the best rewards for a no fee (other than needing a membership) credit card. Buy Costco shop cards on Costco. Without preferred rewards, the card is 3% back, so altitude reserve would be the best runner up at 3% mobile spend (4. The card is just an added perc, although if I had BOA platinum status i would likely use that instead. 2% cash back executive card 2% cash back Citi costco card 4% cash back at the fuel pump + convenience of single card tap. I have the following credit cards: Capital One Venture X - would be good to rake points, but will probably accrue just 1x instead of 5x or 10x since I am not booking from Capital One Portal Do you guys recommend getting a Costco credit card? Or would increasing my limit on my current credit card be better and then try down the road for a Costco credit card. UPDATE (2/4/23): I applied for the Costco Visa Card. Also works with their gas stations, which are always a little cheaper than the normal local public gas stations, so far as I’ve seen. I highly recommend. Be sure to read sub rules before posting, use the resources linked in the sidebar / about section of the sub, and use search to see if your question has already been answered. I’m going to use my Chase Sapphire credit card to get primary car insurance next time, since I just got it recently. 3% cash back at restaurants and most travel purchases No annual fee or foreign transaction fees 21 votes, 24 comments. ALSO: they take food stamps. It is kind of silly that the Costco Visa only earns 2% when buying stuff from Costco, usually store credit cards are supposed to earn you more rewards than other cards when making purchases from that store. I use my 3% cash back Visa card (mobile wallet only) at Costco, other than for gasoline. Those two separate 2% (card 2%/executive 2%) stack, but that isn't an exclusive benefit to the Costco card. The searching I found stated that the Savor card was best in class for dining but don't think it would make up for the annual fee for me. 4% on gas alone is excellent, and 3% on restaurants and travel can really add up for some great rewards. Oh ok so once a year you can cash out. 2% on Costco plus the 2% for my executive adds up as well. com purchase, 1% everywhere else. Use the Costco card ONLY at Costco and for travel and dining (and gas at gas-only stations). Oct 19, 2024 · Hi everyone. With this, I was able to raise my credit score to 700. The WF Active Cash Visa would be effective 4% (2% on card 2% executive). I currently have a discover Student IT card as my first credit card. 4% at any gas station or EV charger (not just costco) up to $7K eligible spend per year, 3% on restaurants and "eligible travel", 2% on Costco warehouse and Costco. CFU also takes a lot of non-category spend to equal a CFF bonus spend if you max out even one quarter (like on paypal), but it is not Visa for Costco. I would personally never tie my credit card to a Costco membership. idk about you but dining and gas were my biggest spending categories in college A subreddit for discussing credit cards. Looking to book a vacation package through Costco Travel. My good friend and i have the membership together and agreed that we use that rewards to cover the membership fee and whatever is left over goes towards a bottle of some sort of alcohol to split. you get 4% back on gas, 3% back on travel and dining, and 2% back on costco purchases. I've seen their credit card advertised around. Boa customized cash for 5. I heard they have good incentives. And that was without me ever once charging anything to the card. We are here to support you if you need an advice on closing/opening a credit card, improving your credit scores, removing inaccurate information from your report, qualifying for a new card/mortgage they're 2 separate benefits needing separate decisions. The AOD FCU Visa would be effective 5% (3% on card, 2% executive). Costco card may possibly have some very specific Costco deals/benefits, but mostly Citi is same. Please someone correct me if I'm wrong. Costco gives 4% back on gas (any station I believe) for the first $7k per year then its 1%. Costco Visa is good for paying for gas and EV charging though, 4% cash back on up to $7,000 a year in this category. I have the costco rewards membership so i redeem once a year some sort of a check. just note that it takes upwards to 2 months to receive the citi costco card since they have to verify the membership and information. The Premier/Prestige can be PC’d to Costco card after 1 year if desired. Even though it has a $75 annual fee, the extra cash back offsets that fee, plus there are numerous other but yes, the costco citi visa is a great credit card for a student. In terms of considering this as a 4% Costco card - it isn't. 95 primary car rental insurance. Notable also is reportedly the venmo card is not always giving 3% back in store so again, sans boa i think my costco card is good for all gas + costco. I think it's 4% on gas. If you have the executive card and the credit card you get double the 2% cash back. true. I only use it at Costco and for gas at Costco, but it's pretty decent on cash back at 2% for executive membership and 2% for the card. •4% back Any other ideas for gas cards? I use a WF 2% cash-back card. The only thing I get is additional driver at no charge. i would call in when the annual fee posts for the second year and use that as a reason for doing a card conversion/product change. com then shop away. The rewards structure of the card is fairly decent. Before that, I used my Amex that I had the $24. Btw I am still 19 and my most recent hard pull on my credit was close to 700. Thats really all i use it for but it amount’s to about 4-5k spend a year. CapitalOne Venture Card gives you 2% back on all purchases (including Costco), and there are cards that easily get up to 6% back on gas or grocerie CRedit's main goal is to improve your credit, keep it healthy, and support you in decisions that you make that may affect your credit livelihood. Edit I called and they said no, which isn't too surprising. I’ve Shopping at Costco can be more rewarding. Using EBT food stamps card at Costco multiplies the buying power of your . Was trying to increase my return for dining. Requesting suggestions on which credit card would be the best to put this on. Depending on what else is in your wallet, it doesn't always make sense. Only get rebate on Costco gas purchases if using the Citi Costco Credit card (unless using another credit card that gives rebates on gas purchases). not related at all if you spend over 3k/year then absolutely get the exec membership for the credit card, there are many cards out there with good cash back options. 5% when redeemed for travel. I definitely shouldn’t exceed that. There are better cashback cards, for example BMO World Elite cashback mastercard which pays 5% on grocery, significantly better than the Costco card. Keep the card, come back, reload it at customer service, repeat. I don’t really shop there but might. Also, I get my cashback monthly instead of once a year. Costco members can earn cash back rewards with a Costco Anywhere Visa ® Card by Citi. Apologies, I should have stated I already have the Costco card. Also, Costco Credit Card users don't have to pay an annual fee on top of their yearly Costco membership dues ($60+). The additional 2% rebate on Costco purchases isn't that noteworthy, but the 4% on gas would be nice. A problem between Costco and Citibank related to a Costco credit card is the only account I’ve ever had that made a negative report to the credit agencies. fzjp snsu qdc rscxuzi cyvslqk hzyzek pkxzp vvz wazux xfdwy