- Apr 30, 2005
AMEX knew that they were losing out big time when they lost the Costco portfolio, I read somewhere that it was 10% of their cardholders.rainwood|1466749931|4047439 said:The transition was smooth for me as well. Got the card in plenty of time, activated it but haven't used it yet. I got lots of AmEx offers as well, both in the mail and by e-mail, but didn't bite either. I had an AmEx for business a long time ago, closed it then went back to AmEx when Costco started its relationship with them. I didn't have a reason to stay with AmEx once Costco decided to go with Visa.
The fine print says: 4% cash back on eligible gas worldwide, including gas at Costco, for the first $7000 per year in gas purchases, then 1% thereafter.missy|1466857493|4048144 said:Went to Costco yesterday late afternoon and it was a breeze. Checked out just quickly and just fine. Relief.
Now just have to figure out which card is better to use when. Costco Visa vs our AM Ex. Costco Visa gives you different percentage back depending on item and location i.e. Selected gas stations give you 4% cash back if using the Costco Visa but which are the chosen gas stations (if not attached to Costco that is as many Costco locations have no gas station)...Not so easy to find out.