American Express - Costco Credit Card Reviews

Overall

3.79 of 5 (by 14 users)

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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77%

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American Express - Costco Credit Card Comparison

Most Helpful
Favorable Review

Accepted at almost everywhere, it pays to use it.

JUN

2008

We live in a rapidly expanding area where more and more businesses are springing up every week. When the Costco opened less than five minutes from our home, we were already Sam's Club members, but we decided to join there as well since they were including a gas station with the new Costco. When... review »

Every day computer user, saving a little

nuzlady
Elkridge, MD

Most Helpful
Critical Review

American Express has zero customer loyalty

OCT

2008

I have been with A/X for over 10 years. I have never been late on a payment and have not had any changes in my credit history or job in recent years. I never carry debt with them to next month. Always pay the balance in full every month.
I recieved a letter from A/X stating that they have dropped my limit... review »

Every day computer user, an moderate investor

schamalert
Austin, TX

American Express - Costco Credit Card Ratings and Reviews

items/page: 15 | 30 | 50 displaying 1 to 12 of 14 sort by: most helpful | date | rating

helpful
vote

Cash back rewards results in reaping big benefits for us

drive a lot, Responsible Honest Citizen, picky, an online shopper, value conscious, a comparison shopper, appreciative of good service, pay my cc bill off each month

NOV

2007

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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jmemajors
Mesa, AZ

helpful
vote

American Express could care less about you!

Every day computer user, equine enthusiast, an aggressive saver, on a strict budget, an aquarium owner, a dog lover, a cat fancier, a pet pamperer

NOV

2008

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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MrsK08
Tulsa, OK

Fabulous

Every day computer user, appreciative of good service, not rich, online banker, thrifty, Responsible Honest Citizen, appreciative of good customer service, practical

NOV

2007

I have used many different cards over the years and I am always looking for the best return on the cards. I have frequent flyer cards(to hard to get the dates I need) I have free flights, no blackouts and can't book that far in advance and can never use them around the holidays without paying extra out of pocket(they have a monetary value). The Costco AX gives you 1percent on everything,2 percent on Travel and 3 percent on dining out and I do a lot of all of these things. At the same time each year (mine is February) AX applies that amount as a credit to you card and you can request a check... review »

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mommamia
Clinton Township, MI

Amex Costco gives me at least 1% back on every purchase

on a strict budget

NOV

2008

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!...

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Nanaof7
Saint Louis, MO

American Express - Costco Credit Card get it to save $s on gas

on a strict budget

DEC

2008

American Express's Costco Credit Card helps save me money on gas because the gas price at Costco is almost alway the lowest. Plus the Costco Credit Card gives me a percentage back on all purchases, making the price of the gas even lower. You can also use the card anywhere American Express is accepted, which increases your Costco rebate check. Remember, when using any credit card, don't buy anything you can't pay for when the bill comes. Having to pay interest on your purchases will wipe-out all of your savings and more.

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alexwalker
Honolulu, HI

Easy Rewards

an aggressive saver

OCT

2008

The rewards on this card are great. 3% for dining 2% for travel ans 1% on everything else like all Costco purchases department stores and supermarkets. Now amex is even giving rewards on gas. These rewards are accumulated and you get a check attached to your Feb statement which you can only cash at Costco but you can also use it like a coupon at the register.

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liznoffsinger
Dupo, IL

I love American Express - Costco Business Credit Card.

Every day computer user, an moderate investor, an aggressive saver

DEC

2008

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.

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jamnagari1000
Gaithersburg, MD

They don't offer many promotional interest rates

JAN

2009

I have this credit card because we shop at Costco and they offer the 2% cash back bonus. However it takes a ton of spending to get that bonus and they have never offered us any promotional interest rates.

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BeachMommy
Oak Park, CA

Love all the points you earn that translate into rebates

NOV

2008

Accepted nearly anyplace I go. I use it to pay bills, purchase products etc. Earns double points at Costco

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appleann
East Wenatchee, WA

The best

an aggressive saver, married

MAR

2008

Costco has the best amex card, no annual fee, with best gas , restruauant and other rebates.

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glen
Simi Valley, CA

Love to use the card and pay it of in the same month

Rated on December 1, 2008

read 3 comments

Belcoda
Rochester, NY

Good program.

Rated on December 21, 2008

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mwongp
Lake Forest, CA

Reviews of American Express - Costco Credit Card

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Institution Name	American Express
Credit Card Name	Costco Credit Card
Card Features	Cash Advance Credit Card Cash back Credit Card No Annual Fee Credit Card
Credit Card Type	Cash Back Credit Card