CarefulBuilder14 wrote:No interest here, but a few thoughts:
$7k cap on gas earn rate. I don't know if the card has a FTF or not, but I don't see "no FTF" advertised anywhere. If it has one, that should make the "worldwide" part of the 4% earn rate a lot less appealing to everyone. Since I get most of my gas at Costco, it would be a gas card I'd use frequently - if and once I actually had the card. But...I don't spend a lot on gas, so the total additional amount I'd save over a period of even ten years would be less than a nice signup bonus on a travel card. That's a big hurdle the card doesn't overcome.
Restaurants and travel? I have good AF alternatives, as well as the no-AF Arrival. 3% isn't spectacular.
The card might be good for someone who drives and travels a lot, but with no apparent bonus, there's not much that should excite people who already have several cards.
For any Costco purchases on which I need an extended warranty (like electronics), I will use a premium card. For consumables (food, gas, wine, etc.), I can buy Costco Cash with a Freedom and presumably earn 5 URs/$. I'll try it out first with a small purchase in April.
Have to pretty much agree with carefulbuilder here. Not on this site, but on other sites, there's a lot of excitement about the Costco card. While it's certainly better than it was, and it remains a "good" card, it's certainly not groundbreaking or super exciting, IMO. 3% on dining/travel are nice and relatively rare to see in the cash back space, but you only get paid out once a year, and 3% is not that spectacular. Better than 2% but that's about it. If it were 5% dining/travel I think it would be more compelling to warrant an app.
As it stands, it seems like a solid card for those who already had the Costco card and thus get no HP for this. On its own, wouldn't use a HP for it. YMMV.