| Pros |
|
| Cons |
|
The Costco American express is an excellent card for individuals who like to use their credit cards to build their credit and pay the balance off at the end of the month. It offers cash back rewards not only on purchases made at Costco but on dining, travel, and other shopping expenditures. This shopper notes that American Express is beginning to be accepted at more and more retail establishments than in the past and its cash back bonus is higher than other cards that offer cash back (such as Discover). My only complaint is that it does not offer and special interest rate for individuals with good credit and its interest rate is pretty high at 17%. Me and my fiance tend to pay our balances off in full at the end of the month so this card works really well for us. We have earned $50 cash back after only a couple of months of using the card. Overall, we are very pleased with this particular credit card.