Re: Costco AMEX - what's the big deal?
10-02-2012 09:22 PM
I guess I'm about to find out what the big deal is! I've received 2 emails from Costco in the past 2 months that promoted the Amex Costco TE card. In yesterday's email, they offered $50 for spending $500 in the first 90 days. I found myself clicking the "Apply" button within the email last night. I was instantly approved (and no, I'm not talking about getting the 7-10 day message and then checking the app status and seeing "approved"). I submitted the app and the next screen I saw contained the words "congratulations" and "approved." Not used to seeing that from Amex!
The only thing this app cost me was a HP on Experian (I now have 3 HPs on Experian, 2 of them are from Amex). The 3% cash back on gas is what really motivated me....well, that and the 23 years of backdating. My new car requires premium unleaded, so I try to fill up at my local Costco and the 3% cash back will be a nice benefit.
Does anyone know if the 2% on dining only applies to dine-in restaurants? Or does it also apply to fast food/take out?
It's usually based on how the food establishment codes their stuff. Usually it will count as a restaurant.
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+
Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!