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Super Contributor
Posts: 9,030
Registered: ‎06-19-2013
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Amex Costco 2% on restuarants

I have an question on how amex counts 2% for restaurants. Is it anything thats categorized as an restaurant. I went this morning to get an smoothie, and paid with my amex TE card. I just checked my account summary and it showed up as restaurant-bar&cafe. Would that count for being restaurant and 2% cash back ?



EX Fico 774 3/3/15 Fako 806 CS/Credit.com 11/24/14
EQ SW bank enhanced 5/26/15 827 CK fako 807 5/11/15
TU Fico Barclay's/Walmart 7/6/15 799 Fako 808 Creditkarma 5/11/15
New Contributor
Posts: 67
Registered: ‎02-07-2013
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Re: Amex Costco 2% on restuarants


mongstradamus wrote:

I have an question on how amex counts 2% for restaurants. Is it anything thats categorized as an restaurant. I went this morning to get an smoothie, and paid with my amex TE card. I just checked my account summary and it showed up as restaurant-bar&cafe. Would that count for being restaurant and 2% cash back ?


Yes, they recognize the business based on merchant code. If the merchant category is listed as restaurant, you will get 2% cash back.

Wallet : AMEX Costco TE 23k, BoFA 123 Visa Signature $12.5k, Marriott rewards $5k, Discover IT $1.7k, Walmart Discover $5.5k, Cap 1 Platinum $1500, Amazon $2000

Scores: EQ 712(9/28/13), EX 728 (9/28/13), TU 717 (Credit Karma 10/26/13), TU 753 Walmart (9/03/13)
Last app : 9/28/2013
Super Contributor
Posts: 9,030
Registered: ‎06-19-2013
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Re: Amex Costco 2% on restuarants


longtermgardener wrote:

mongstradamus wrote:

I have an question on how amex counts 2% for restaurants. Is it anything thats categorized as an restaurant. I went this morning to get an smoothie, and paid with my amex TE card. I just checked my account summary and it showed up as restaurant-bar&cafe. Would that count for being restaurant and 2% cash back ?


Yes, they recognize the business based on merchant code. If the merchant category is listed as restaurant, you will get 2% cash back.


ahh nice thanks for the info. I really need to use that card more for that 2% back lol. Its better than nothing. I don't think i have any other card that does more than 1% cb for restuarants.



EX Fico 774 3/3/15 Fako 806 CS/Credit.com 11/24/14
EQ SW bank enhanced 5/26/15 827 CK fako 807 5/11/15
TU Fico Barclay's/Walmart 7/6/15 799 Fako 808 Creditkarma 5/11/15
Epic Contributor
Posts: 25,572
Registered: ‎10-23-2007
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Re: Amex Costco 2% on restuarants

I have been testing this myself over the last month+ because I too was using our Capital One QuickSilver for things like PinkBerry, Fast Food type places, etc. not thinking they would categorize but they do! I use Costco Amex for all the eating out stuff now! Smiley Happy

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
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Super Contributor
Posts: 9,030
Registered: ‎06-19-2013
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Re: Amex Costco 2% on restuarants


Creditaddict wrote:

I have been testing this myself over the last month+ because I too was using our Capital One QuickSilver for things like PinkBerry, Fast Food type places, etc. not thinking they would categorize but they do! I use Costco Amex for all the eating out stuff now! Smiley Happy


Cool i am going to start doing that as well. I goto that smoothie few times an month so it will help with the 2% :-) my amex TE card is on gas and restaurant duty for most part lol



EX Fico 774 3/3/15 Fako 806 CS/Credit.com 11/24/14
EQ SW bank enhanced 5/26/15 827 CK fako 807 5/11/15
TU Fico Barclay's/Walmart 7/6/15 799 Fako 808 Creditkarma 5/11/15
Valued Contributor
Posts: 2,385
Registered: ‎04-04-2013
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Re: Amex Costco 2% on restuarants

If you get a US Bank Cash+ visa signature card, it gives 5% cash back on restaurant smoothies.


Super Contributor
Posts: 9,030
Registered: ‎06-19-2013
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Re: Amex Costco 2% on restuarants

I am done apping for an while till next summer at least.us bank do you have to app at the bank? I don't think we have any around here


EX Fico 774 3/3/15 Fako 806 CS/Credit.com 11/24/14
EQ SW bank enhanced 5/26/15 827 CK fako 807 5/11/15
TU Fico Barclay's/Walmart 7/6/15 799 Fako 808 Creditkarma 5/11/15
Valued Contributor
Posts: 2,385
Registered: ‎04-04-2013
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Re: Amex Costco 2% on restuarants

You can app for the Platinum card, then 4-6 months later request ot be converted to a Cash+. Assuming you have $30,000 income and the card credit limit is $5000 or so. Not 100% sure on those requirements, but its what people on myfico have said previously.


Super Contributor
Posts: 9,030
Registered: ‎06-19-2013
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Re: Amex Costco 2% on restuarants


Themanwhocan wrote:

You can app for the Platinum card, then 4-6 months later request ot be converted to a Cash+. Assuming you have $30,000 income and the card credit limit is $5000 or so. Not 100% sure on those requirements, but its what people on myfico have said previously.


I will have to look into that but I am not apping for anything new till at least June,so my 2% at restaurants will have to do till at least June 



EX Fico 774 3/3/15 Fako 806 CS/Credit.com 11/24/14
EQ SW bank enhanced 5/26/15 827 CK fako 807 5/11/15
TU Fico Barclay's/Walmart 7/6/15 799 Fako 808 Creditkarma 5/11/15
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
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Re: Amex Costco 2% on restuarants

Omg! I had no idea the Costco Amex did that on restaurants! Bahhhh! I don't shop at Costco though.
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