Costco gas VISA strategy for April, 2016

[Anonymous]

This is a transaction from Costco gas on my Amex:

COSTCO GAS #1173 00000000N FORT WORTH103

Transaction date: 01/16/2015

Card type: American Express

Transaction type: Purchases

Merchant description: AUTOMATED FUEL DISPENSERS

Merchant information: N FORT WORTH , TX

This is a regular Costco purchase on the same Amex:

COSTCO WHSE #1173 0000000FORT WORTH 103

 Transaction date: 01/31/2015
Card type: American Express
Transaction type: Purchases
Merchant description: WHOLESALE CLUBS
Merchant information: FORT WORTH , TX

So Amex does have it coded seperately.

Visa may or may not. I guess we will have to wait and see.

[Anonymous]

Fort worth, eh.

[Anonymous]

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@Anonymous wrote:
Fort worth, eh.

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Or, as they say: Funky Town

[Anonymous]

Lol... I love that little area just south of the Reserve base. Next to Westover Hills.

But yeah the BoA option with large savings seems like the ticket.

[Anonymous]

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@Anonymous wrote:
Lol... I love that little area just south of the Reserve base. Next to Westover Hills.

But yeah the BoA option with large savings seems like the ticket.

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Wish Sallie Mae was Visa..........

[yfan]

Even without the savings bonuses with BofA - frankly, I don't find a 25-75% bonus on rewards amounting to maybe 4.5% of purchases at best a good enough reason to open investment accounts/savings accounts - the Bank of America Cash Rewards card would seem to be the best bet that's available to the general population. Barring, of course, if the Citi cobranded card comes up with something better. I somehow get the feeling Costco's goal here is to compete with the Sam's Club cobranded card which has 5% flat gas rewards.

[celluloid17]

If gas is in fact coded as such and qualifiable for general Visa use (this remains to be seen), I would say that the Chase AARP Visa would be my card of choice as it gives both 3% back on gas and restaurants uncapped and of course, there's Freedom in the 5% gas quarter(s).  I hardly get gas from Costco because I don't go often enough, so Sallie Mae is my general gas card, but Chase AARP is looking really appealing in light of the Costco/Citi/Visa partnership, especially if the Citi co-branded card has a less than stellar reward structure.  I wish they would let us know sooner rather than later what the new TrueEarnings alternative will be...

[thelethargicage]

Knowing Citi, it will probably be.a TYP card rather than a CB one.

[celluloid17]

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@thelethargicage wrote:
Knowing Citi, it will probably be.a TYP card rather than a CB one.

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That would suck!  

[yfan]

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@thelethargicage wrote:
Knowing Citi, it will probably be.a TYP card rather than a CB one.

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I don't know of a single cobranded card that earns rewards with a card-issuing bank's proprietary point system, do you? There are no cobranded Amex cards that earn MR points. There are no cobranded Chase cards that earn UR points.