Thanks all for your input--and it’s interesting reading about your stuff, too!
About the Citi cash back...yes, the cash back appears to NOT be limited to membership level but to card, looking at page 2 of the mailing from Citi. 4% for gas (anywhere); 3% for restaurant/travel worldwide; 2% Costco; 1% all else. Interesting about the gas--it’s 1%, not 4%, “for gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco” according to the Citi mailing So buying at Vons/Safeway or any other similar place? 1%
For us, we’ll use it mostly for the gas, though we generally spend less than $150/month, because we have to have that card out anyway and that’s actually the majority of our Costco spending.
Now, the “Executive” cash back of 2%, that’s looking like it’s unrelated to the Citi card--and gas purchases do NOT count. Hmmm, rethinking everything. So, being low-purchasers generally:
We’re better off using the Citi Visa for gas, with cash back of 4% for gas--better than the Costco Executive membership.
We’ll get 2% cash back for Costco purchases with the Citi Visa--equal to current Executive membership.
Our Executive membership was giving us cash back enough to pay the difference between regular and Executive, but that was it.So I guess my question is, what will be the advantage of Executive membership? Will Costco be giving an additional 2%?
If not, the additional benefits I can find (long-distance plans, car rentals, travel, etc) don’t really apply to me. Getting Executive membership for the sake of paying the difference seems...odd.What are the other benefits of Executive membership?
Sorry this got long, I started “researching” my own topic.