05-06-2013 03:45 PM
05-06-2013 04:08 PM
05-06-2013 04:43 PM
05-06-2013 04:43 PM
You have nothing to lose. I got my Costco check for my Costco purchases and on my AMEX statement, I got a check for the CC side. When I took them to the service desk to cash them (why lose the rewards by using the check directly at the checkout?) the woman gave me the cash for the CC plus $55 for the other check, which was more than that check was for. They pay you the difference if you earn less than that $55 during the year. Not sure if that happens at the regular cash register or not, but it totally happened at the service desk.
05-06-2013 05:59 PM
I was under the impression you are guaranteed the difference between the card membership fee's even if your spending is below the amount needed to get the 55.00 back.
05-07-2013 12:07 AM
I was approved last Friday for the Costco Amex CC. I have always just had the gold membership, but now that I get 1% back on in warehouse purchases I'm mulling over the idea of upgrading my membership. Has anyone done a break-even analysis on this? I've searched on here and online and I have been able to find anything. I currently spend around 175-200/month there. Any help/info will be appreciated !
Congrats on your new card!
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.