@Open123 wrote:
@shaun2009 wrote:
Well that would have come in handy before i applied for the TE i could have just went for a basic one but nevertheless still a success now even if i dont get approved for the BCP i locked in a backdate of 3/2014 for any future Amex cards..The main difference is the Amex TE is the only card which confers the gas bonus at Costco. And, if you ever cancel your Costco membership, your TE will be cancelled, whereas other Amex cards aren't Costco membership dependent.
If you plan to be a long time Costco Member, the TE isn't a bad choice, just for the TL and gas. When at the store, use another Amex with better rewards, such as Fid Amex 2% or SPG or ED cards, if you value points over cash.
1% is nothing special, at all.
@+100 @ that .... I always wondered why so many places offer 1% its so many 1% out there you might as well change pick something else but i can also understand that the other thing is nothing so something is always better than nothing i guess.... I dont believe i have any Costco gas stations near me ... and Yea i plan on being a lifetime Costco member its a great store i just left BJs store membership for Costco i believe they have better pricing at Costco... which brings me to teh Cap1 1.5% isnt great either you might as well use a 1% I've been thinking very seriously about SDing my QS1 its .5 more than my Discover for none Category not to mention have other cards i can use that offer points better than 1.5% CB
Just a bit of info from a costco employee 
- costco accepts ANY american express card in the store, not necessarily just the TE. A lot of people apply for the TE b/c they think that it is the only amex we accept.
- if you have the executive ($110) membership at costco, you earn 2% cash back on all your costco purchases (except for tobaco/gas/stamps), no matter what form of payment you use. If you have the TE card+ the executive membership, you earn 2% cash back from costco's program +1% cash back from AMEX TE.
- you can get the AMEX TE card with any level membership, and right now its an in store offer only, we give $55 statement credit (after $250 spend in 90 days) to anyone signing up for the AMEX as an executive member, or any current executive member applying. If you app for the business version of amex TE (difference is 4% cashback on gas instead of 3%) we give $110 statement credit (after $250 spend in 90 days).
- and yes, gas is 3% back at costco gas, and all stand alone gas stations. i have an amex PRG, and filling gas at costco would only give me 1x MR points vs the 2x that i would get at a stand alone gas station. so really, if you are someone who only likes to fill gas at costco (we have so many people that will wait behind 5 cars to fill at costco gas, to save an extra couple cents, why i dont know) then the TE card is great for that 3% cuz no other amex that offers cash back higher than 1% on gas purchases count costco gas as a stand alone gas station.
hope that helps!
