American Express - Costco Credit Card Review Summary
Credit cards are much more sophisticated than in the past and it is common to earn rewards and other perks with certain credit cards. One credit card that pays its members cash back is the American Express Costco Credit Card. This credit card is affiliated with Costco stores and reviewers like the generous cash back offers and the cash rebates on many types of merchandise. The American Express Costco Credit Card offers “Cash Back Rewards Results in Reaping Big Benefits for Us” and while it does charge a higher interest rate than other cards and it isn’t widely accepted like other credit cards, it still ranks as a good Credit Card for those who want to get something back when they charge.
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American Express - Costco Credit Card Comparison
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I recieved a letter from A/X stating that they have dropped my limit... review »
American Express - Costco Credit Card Ratings and Reviews
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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...
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I use my card and pay it off. I like to use this card for travelling, because of the benefits. The last time I traveled with my card, I came home to find out that had my trip cost an extra $16, they would have slapped me with an over the limit fee because they lowered my limit SIGNIFICANTLY. I called and spoke to 6 different people. No one could give me a reason other than they are reviewing everyone's accounts and lowering limits wherever they could. I told them that was ridiculous the way I was notified (I actually found out when I went on their website to pay my bill, BEFORE I received anything...
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I have had my Costco Amex card for about 2 years. I like that I get at least 1% back on any purchase anywhere. I pay it off every month, so the interest rate doesn't really phase me. I can get 3% back on Costco gas, or 5% back on Costco gas with the Costco business card. They are always cheaper than anywhere else too on gas.
I have a Discover Card too, but you have to have so much in purchases before they will even give you 1% back. I use my Amex anywhere I can. Most places take it. Occasionaly I will find a business that won't. In that case I pay cash or use another card.
Works for me!...
I use American Express Costco Business Credit Card for everything. I use it perticularly for gasoline purchase because I get 5% rebate. With today's economy every cash back penny I get helps me get through my monthly expenses.
If I have to carry only one card this one will be the card.
