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cheddar wrote:
UpUpUp wrote:Does the Costco Amex actually report as Amex? I thought it reported and was handled through the card issuing bank? Thus, you would not be entitled to a lof the benefits with exception to the actual cards rewards program. Is that correct? I'm still trying to figure out the difference.The Costco Amex is issued by Amex the bank, so yes, it reports as Amex.FWIW, the Amex benefits like purchase protections and extended warranty coverage apply to any card that uses the Amex network and carries the Amex logo, even those issued by other banks.
Message Edited by cheddar on 07-25-2008 09:58 AM
I agree with your first post and this post as well.
MidnightVoice wrote:
haulingthescoreup wrote:
I'm all in favor of pointing out the shallow sandbars and riptides of every card. We all need to be educated consumers, research the fire out of any card or company we're interested, and pay heed to what we read. Some cards need to be handled with more caution than others, and they're worth it for a long-term relationship.Absolutely agreed - but we need to look at both the plus and minus sides of the equation when we make our choices. I don't want to be FR'd by Amex, but if I am I will just send in the paperwork and be done with it. I won't be surprised - it is all part of the deal with them. And they do not have a monoply!!
UpUpUp wrote:
cheddar wrote:
UpUpUp wrote:
Does the Costco Amex actually report as Amex? I thought it reported and was handled through the card issuing bank? Thus, you would not be entitled to a lof the benefits with exception to the actual cards rewards program. Is that correct? I'm still trying to figure out the difference.
The Costco Amex is issued by Amex the bank, so yes, it reports as Amex.FWIW, the Amex benefits like purchase protections and extended warranty coverage apply to any card that uses the Amex network and carries the Amex logo, even those issued by other banks.
Message Edited by cheddar on 07-25-2008 09:58 AM
Ahhhhhh.....for some reason I was under the impression that it was basically any old card with the Amex logo on it. So, basically you do get all the benefits minus the concierge and the possible F/R?
Message Edited by UpUpUp on 07-25-2008 02:55 PM
fused wrote:
Another kewl Amex thread...
cheddar wrote:
fused wrote:Another kewl Amex thread...Agreed! I also agree with MV's points in his original post, which I should have mentioned earlier.I do wonder about the reasoning behind not using an Amex in public, though.