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Frequent Contributor
brother7
Posts: 380
Registered: ‎02-06-2009
0

AMEX Costco TrueEarnings: cashback on gas, in case you didn't know

AMEX Costco TrueEarnings

3% cash back on gasoline at U.S. stand-alone gas stations, including at Costco, for purchases up to $4,000 per year (1% thereafter)

$4000 x 3% = $120 annual maximum 3% cash back for gas purchases (1% cash back above $4000)

 

AMEX Costco TrueEarnings Business

4% cash back on gasoline at U.S. stand-alone gas stations, including at Costco, for purchases up to $7,000 per year (1% thereafter)

$7000 x 4% = $280 annual maximum 4% cash back for gas purchases (1% cash back above $7000)

 

Reviewed my year-to-date spending by category on the American Express site. Gas purchases = $4025. Was planning to change cards for the remainder of the year to maximize my cash back when I realized the Business card has a higher cap.

Though I've been a member for 2 1/2 years, I just noticed the different caps today. Figured I would post this, in case someone else finds it useful.

 


11/02/2012 Peak - EQ 790 (ScoreWatch EQ FICO)
12/08/2014 Current - TU 823 (Walmart MasterCard TU FICO 08 Classic)
GOAL - 800! - App free since 09/07/2014
Valued Contributor
nicholasyud
Posts: 1,737
Registered: ‎08-13-2012
0

Re: AMEX Costco TrueEarnings: cashback on gas, in case you didn't know

I used my Gas at Walmart and they offer like 0.15 off per gallon. I get 5% off $100 dollars at Walmart participate Gas Station.
Temp to apps for Amex TU in the future but I guess Walmart can do for gas and BCE goes for grocery so I pass ;(

Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Valued Member
thrillege
Posts: 27
Registered: ‎06-11-2012
0

Re: AMEX Costco TrueEarnings: cashback on gas, in case you didn't know

Got approved for this in store yesterday. They pulled Experian
Valued Contributor
Epcot
Posts: 2,789
Registered: ‎10-10-2012
0

Re: AMEX Costco TrueEarnings: cashback on gas, in case you didn't know

This card has been on and off my radar for years. But I'm happy with my lineup for now. Enjoying the garden. :smileyhappy:

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Blogger
HiLine
Posts: 3,176
Registered: ‎10-19-2012
0

Re: AMEX Costco TrueEarnings: cashback on gas, in case you didn't know


nicholasyud wrote:
I used my Gas at Walmart and they offer like 0.15 off per gallon. I get 5% off $100 dollars at Walmart participate Gas Station.
Temp to apps for Amex TU in the future but I guess Walmart can do for gas and BCE goes for grocery so I pass ;(

How did you get that discount? That's one hell of a deal right there! 

Valued Contributor
nicholasyud
Posts: 1,737
Registered: ‎08-13-2012
0

Re: AMEX Costco TrueEarnings: cashback on gas, in case you didn't know

log on their credit card website you should see it............

Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k


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