Blue Cash Preferred or Costco Amex?

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Omarperez48
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Blue Cash Preferred or Costco Amex?

Postby Omarperez48 » Fri Oct 10, 2014 1:55 pm

So lately I have been making a lot of purchases at Costco and only Using my PGR Card. But I think I might benefit more by using either one of these two. I am not familiar at all with Costco AMEX so I do not know how this card works but I do know that Blue Cash has nice rewards by making purchases here.

Any advices?
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Robrus1
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Postby Robrus1 » Fri Oct 10, 2014 1:57 pm

Depends on where you shop more. Read up on Costco AmEx and do the math. It'll be different for everyone depending on your shopping habits.
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Omarperez48
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Postby Omarperez48 » Fri Oct 10, 2014 2:04 pm

Robrus1 wrote:Depends on where you shop more. Read up on Costco AmEx and do the math. It'll be different for everyone depending on your shopping habits.


This is where I get confused because Blue Cash seems way better with 6% back up to $6k so why would I even want the Costco one? Am I getting all this mixed up?
AMEX PRG (Npsl)



CitiPreferred ThankYou $3000



CapOne QuickSilver $4000



CapOne Platinum $5000



CapOne Yamaha $10,500



Macy's $3000



PayPal $1500



1St Financial Bank $900 (have had it for 6 years)



Credit One Bank $1000 (don't use this card)



Selfmade 24 year old, ambitious and future 1%er

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Vattené
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Postby Vattené » Fri Oct 10, 2014 2:24 pm

The BCP gets 6% on merchants categorized as supermarkets - that's where they get you. Someone correct me if I'm wrong, but I don't think Costco counts as a supermarket. It is in a special discount stores/warehouses category (I know Walmart doesn't count for the category, so I would be surprised if Costco did).

Again, you would have to take a comprehensive picture of your spending into account, but if you do most grocery shopping at Costco it might be enough to nudge you away from the BCP.
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AU on Barclay Sallie Mae - $10,000 (8/15)
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nismoZtuner
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Postby nismoZtuner » Fri Oct 10, 2014 2:27 pm

Funny thing about this post is that my friend was asking me for advice last night between the Costco cards and the others Amex card.. since her brothers are telling her to get the Costco card since they have a Costco membership.

I told her to go with the Blue Cash Everyday since she will get $100 bonus after spending $1k ..something the Costco card doesn't do, also she will get to spend the Cashback she earns wherever she wants not just by a discount coupon for costco. Also if you take a look- the blue cash offers a bit more cashback than the costco card..
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]
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Omarperez48
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Postby Omarperez48 » Fri Oct 10, 2014 2:30 pm

nismoZtuner wrote:Funny thing about this post is that my friend was asking me for advice last night between the Costco cards and the others Amex card.. since her brothers are telling her to get the Costco card since they have a Costco membership.

I told her to go with the Blue Cash Everyday since she will get $100 bonus after spending $1k ..something the Costco card doesn't do, also she will get to spend the Cashback she earns wherever she wants not just by a discount coupon for costco. Also if you take a look- the blue cash offers a bit more cashback than the costco card..


Yes that's exactly what I was thinking but then again, what's the point of the Costco I mean there's gotta be something I am not looking at/ BCE is a way better card all around hands down. And $6k on groceries a year that's enough I think so I am okay with getting cashback on this much.
AMEX PRG (Npsl)



CitiPreferred ThankYou $3000



CapOne QuickSilver $4000



CapOne Platinum $5000



CapOne Yamaha $10,500



Macy's $3000



PayPal $1500



1St Financial Bank $900 (have had it for 6 years)



Credit One Bank $1000 (don't use this card)



Selfmade 24 year old, ambitious and future 1%er

TheLethargicAge
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Postby TheLethargicAge » Fri Oct 10, 2014 2:30 pm

I'd say both. Then again I'm biased.

By the way, Walmart Neighboorhood Market is coded as "Groceries" (unlike regular Walmart)
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nismoZtuner
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Postby nismoZtuner » Fri Oct 10, 2014 2:33 pm

Omarperez48 wrote:Yes that's exactly what I was thinking but then again, what's the point of the Costco I mean there's gotta be something I am not looking at/ BCE is a way better card all around hands down. And $6k on groceries a year that's enough I think so I am okay with getting cashback on this much.


I would say go with the BCE! and spend your cash back everything you get to $25 and not once every year with the Costco card..
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710

BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]

American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]

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TCL-$19,800

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Vattené
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Postby Vattené » Fri Oct 10, 2014 2:40 pm

TheLethargicAge wrote:I'd say both. Then again I'm biased.

By the way, Walmart Neighboorhood Market is coded as "Groceries" (unlike regular Walmart)


Being from the rural Midwest where giant Walmarts are ubiquitous, I've never heard of this. Is it like a more upscale, urban version of Walmart?
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

Omarperez48
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Postby Omarperez48 » Fri Oct 10, 2014 2:42 pm

I am from California and we have 2 different Walmart as well. I only go to the one where electronics are located the other one I BELIEVE they sell clothes? not sure but they're are right across the street from each other. Also one sells food and is more like a grocery as opposed to a regular Walmart. I believe this is what TheLethargicAge is referring to.
AMEX PRG (Npsl)



CitiPreferred ThankYou $3000



CapOne QuickSilver $4000



CapOne Platinum $5000



CapOne Yamaha $10,500



Macy's $3000



PayPal $1500



1St Financial Bank $900 (have had it for 6 years)



Credit One Bank $1000 (don't use this card)



Selfmade 24 year old, ambitious and future 1%er



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