- Centurion Member
- Posts: 257
- Joined: Sun Oct 14, 2012 10:22 pm
- Location: California
I joined Costco (Gold Star), because it was required to be added as an AU to my mom's amex, which I wanted to save her the hassle of reimbursing me for certain purchases she agrees to pay, and to get my foot in the door with Amex. I MIGHT be able to make back the $55 with a year of wholesale vs. retail savings, but that will depend on how convenient it is to make certain purchases there. I certainly will not spend enough there that 2% of my purchases would exceed the extra $55 to be an exec, so why hassle with making sure they refund me?
It sounds like all amexs but the fidelity only pay 1% and the fidelity requires you to have your investments with them. Maybe use Cash+ or BCP or buy amex gift cards at the appropriate venues? I probably won't spend enough at costco to hassle with it, but has anyone succeeded at getting high percentages at Costco that way?.
Sole Ownership Cards:
1st Financial Bank Platinum Student Visa, $500 CL, Open Since 3/2012
Citi Forward Student Visa, $6k CL, Open Since 10/2012
Costco TrueEarnings Amex, $6k CL, Backdates to 1/2012
SallieMae Rewards Barclay Mastercard, $2.5k CL, Open Since 4/2013
Jointly Owned Cards (co-owner with mom, not AU, used and paid only by me):
Chase Amazon Rewards Visa Signature, $2k CL, Open Since 8/2012
US Bank Cash+ Visa Signature, $13.5k CL, Open Since 10/2012
Authorized User (Parents Pay/Use)
Costco TrueEarnings Amex $29.4k CL, AU since 11/2012