CostCo USA dropping Amex for Citigroup VISA

Page 20 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

thesmokingman

Platinum Member
May 6, 2010
2,307
231
106
Still not a check, it's a cash coupon valid only at Costco. A check would indicate you could deposit into your bank account.

Just want to make it clear because other cash back programs send you an actual check.





Was there ever a confusion?
 

PowerEngineer

Diamond Member
Oct 22, 2001
3,558
736
136
Damn, the new citi costco card looks pretty good. I never bothered with the Amex Costco card because I preferred my blue cash card.

Is there any way to apply to get the new citi costco card? The website seems to make it look like the only way to get the card is to have one sent automatically if you are a former Amex Costco Card user.

That's exactly what I was wondering.

They probably won't open it up for applications until the card is launched, or at least around that date.

The membership desk at my local Costco confirmed to me that they are not accepting new applications for the Citi Costco card until after the June 20th launch.
 

kt

Diamond Member
Apr 1, 2000
6,015
1,321
136



Was there ever a confusion?

If you were not confused, good for you!

But for someone who is not familiar with the reward program, saying you will get a check as opposed to a Costco cash coupon is misleading.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
If you were not confused, good for you!

But for someone who is not familiar with the reward program, saying you will get a check as opposed to a Costco cash coupon is misleading.

I can exchange it for cash so I don't see much difference. Instead of going to the bank, I go to Costco to cash out.
 

thesmokingman

Platinum Member
May 6, 2010
2,307
231
106
If you were not confused, good for you!

But for someone who is not familiar with the reward program, saying you will get a check as opposed to a Costco cash coupon is misleading.


Just to be sure, in the US we drive on the right side of the road.
 

destrekor

Lifer
Nov 18, 2005
28,799
359
126
If you were not confused, good for you!

But for someone who is not familiar with the reward program, saying you will get a check as opposed to a Costco cash coupon is misleading.

Ignore him. I for one appreciated the clarification. I immediately thought of an actual check until I saw the posts that offered clarification.
 

thesmokingman

Platinum Member
May 6, 2010
2,307
231
106
Ignore him. I for one appreciated the clarification. I immediately thought of an actual check until I saw the posts that offered clarification.


The thing only says it in bold on the check. You would think that some customer that entered into this contract with Costco would have figured this out. :\



 

destrekor

Lifer
Nov 18, 2005
28,799
359
126
The thing only says it in bold on the check. You would think that some customer that entered into this contract with Costco would have figured this out. :\




Uh, sure, I would have figured it out later. But I am not enrolled in the Executive level, and never have been, so I haven't come across that.
 

JEDI

Lifer
Sep 25, 2001
30,160
3,302
126
The Amex card and account cease to be after June 19th, 2016. The account information will transfer to Citibank and replace the Amex with a Visa.
my costco amex card expires 6/16 and they sent me a new card with a 6/2021 expiration date.
lol
 

thesmokingman

Platinum Member
May 6, 2010
2,307
231
106
my costco amex card expires 6/16 and they sent me a new card with a 6/2021 expiration date.
lol


Yea, the amex card doesn't go away. You just lose the Costco rewards, so not really much reason to keep it unless you sign up for other rewards. This however doesn't mean that Costco won't forward your info to their new card carrier.
 

crashtech

Lifer
Jan 4, 2013
10,556
2,139
146
Eh, it's redeemable for cash at a place Costco members don't have much difficulty finding. Outrageous misrepresentation not found.
 

destrekor

Lifer
Nov 18, 2005
28,799
359
126
Eh, it's redeemable for cash at a place Costco members don't have much difficulty finding. Outrageous misrepresentation not found.

I don't get how so many are acting so dense on this matter.

It was a simple topic, no reason for it to be blown out of proportions.

I asked how the cash back was handled, having never previously used that level of membership. A reply stated you got a check mailed once a year.

Most individuals who never dealt with Costco rewards previously, might assume that said statement was to be taken at face value, as to say they you actually got a standard check in the mail. A check. You know, those things that you might sign for bills or receive and have to cash at a proper bank? That's what I assume when I see the word check. It's natural. I see "check," that's what I naturally assume; I see "gift certificate," and I naturally assume that's what it is, a store-specific voucher.

So, as I gamble that I must not be the only person in the world to assume that check = check, and gift certificate = gift certificate, I appreciate that others took the opportunity to provide clarity to the discussion.

That's it, off-topic discussion over. I just don't get how and why others wish to get bent out of shape over something so trivial as phrasing of a voucher.

Contrary to what some of you may think, it was not perfectly clear. And no, it is not debatable or remotely equivalent. It is not a check, end of discussion. It's a gift certificate that apparently Costco will actually tender as cash. There is a major difference, because you can only cash it at Costco. To repeat myself, for someone who has never dealt with Costco rewards, I would never assume that you could actually cash a gift certificate for cash. That's actually unheard of: every gift certificate that I have ever dealt with or heard of, has been explicitly described and treated as a store credit value only, no cash tender possible.
 

waggy

No Lifer
Dec 14, 2000
68,145
10
81
I don't get how so many are acting so dense on this matter.

It was a simple topic, no reason for it to be blown out of proportions.

I asked how the cash back was handled, having never previously used that level of membership. A reply stated you got a check mailed once a year.

Most individuals who never dealt with Costco rewards previously, might assume that said statement was to be taken at face value, as to say they you actually got a standard check in the mail. A check. You know, those things that you might sign for bills or receive and have to cash at a proper bank? That's what I assume when I see the word check. It's natural. I see "check," that's what I naturally assume; I see "gift certificate," and I naturally assume that's what it is, a store-specific voucher.

So, as I gamble that I must not be the only person in the world to assume that check = check, and gift certificate = gift certificate, I appreciate that others took the opportunity to provide clarity to the discussion.

That's it, off-topic discussion over. I just don't get how and why others wish to get bent out of shape over something so trivial as phrasing of a voucher.

Contrary to what some of you may think, it was not perfectly clear. And no, it is not debatable or remotely equivalent. It is not a check, end of discussion. It's a gift certificate that apparently Costco will actually tender as cash. There is a major difference, because you can only cash it at Costco. To repeat myself, for someone who has never dealt with Costco rewards, I would never assume that you could actually cash a gift certificate for cash. That's actually unheard of: every gift certificate that I have ever dealt with or heard of, has been explicitly described and treated as a store credit value only, no cash tender possible.

LOL but it's off topic. its not so damn easy!
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
So it's rewards coupon instead of a check. Big deal. Amex sent rewards coupon for Costco Amex as well. You could cash it at Costco or if the amount of the coupon was too large, Costco gave you a check for the Amex coupon.

I don't know whether to use the new Citi Costco Visa or Chase Sapphire Preferred for travel and restaurants. Citi Costco is 3% for travel and restaurants while CSP is 2%. I will use Sapphire Preferred for all car rentals for the free primary insurance coverage and travel internationally since it has no foreign transaction fees but for domestic travel and restaurants, it's tougher to decide. I'm leaning Citi Costco for domestic use. Anyone else with similar choice?
 

thesmokingman

Platinum Member
May 6, 2010
2,307
231
106
This is a very wacked out sidebar so I looked back to see what brought it on. And it was one harmless post that didn't correct a post but added to it. It shouldn't have brought on a reply... you would think. The irony is that I didn't call it a check but only added that it was as good as cash at Costco.


Not a check, a coupon certificate that is valid at Costco only.


Valid only at Costco, but it's good as cash in hand.

Yes. I always cash both checks at Costco. For small amounts, any checkout cashier will cash it for you. Larger amount, you usually have to cash it at the membership desk.

Exactly. The next trip we make I apply it to that purchase and take the rest in cash.


Oh, but he's got a hard on for CHECK!


Still not a check, it's a cash coupon valid only at Costco. A check would indicate you could deposit into your bank account.

Just want to make it clear because other cash back programs send you an actual check.




And it's still going.


Eh, it's redeemable for cash at a place Costco members don't have much difficulty finding. Outrageous misrepresentation not found.

So it's rewards coupon instead of a check. Big deal. Amex sent rewards coupon for Costco Amex as well. You could cash it at Costco or if the amount of the coupon was too large, Costco gave you a check for the Amex coupon.

Concur, how one can carry a chip over something not important and yet obvious at the same time is crazy.
 

Charmonium

Diamond Member
May 15, 2015
9,595
2,958
136
I tried to deposit a Costco rebate "check" once. The teller was like 'WTF.' And I all like - it's a check bitch. Uh, no, it's not.
 

AznAnarchy99

Lifer
Dec 6, 2004
14,705
117
106
God Citi is so bad. I got fraud on one of my Citi credit cards last week. I called it in and they said don't worry about it and they will dispute it. They didn't cancel the card and the fraudster kept racking up charges. I called in again to tell them and this time they xfered me to their CitiGold department (I have a gold account) and they canceled and overnighted me another card. I checked my account today and the charges were still on there.
 
sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |