I Love Costco! What are the best credit cards for me?

I Love Costco! What are the best credit cards for me?

by | Jul 31, 2023 | American Express, Bank of America, Chase, Citi, Credit Card, Credit Cards, Rewards, Visa

If you’re a frequent shopper at Costco, you’re probably aware of the incredible savings and wide range of products the warehouse giant offers.

Maximize Costco Savings: Discover the Best Credit Cards for Costco Lovers. Earn cash back and rewards on your favorite warehouse purchases!

To maximize your Costco experience and earn rewards on your purchases, using the right credit card can make a significant difference. In this article, we’ll explore some of the best credit cards for Costco lovers, highlighting their features, benefits, and why they are a perfect fit for your shopping needs.

1. Costco Anywhere Visa® Card by Citi

The Costco Anywhere Visa® Card by Citi is designed exclusively for Costco members, making it an ideal choice for loyal shoppers. With this card, you can earn cash back on your Costco purchases and beyond. The card offers 2% cash back on all purchases from Costco and Costco.com, 4% cash back on eligible gas worldwide (including gas at Costco), 3% cash back on restaurants and eligible travel purchases, and 1% cash back on all other purchases. There is no annual fee for the card, but you must be a Costco member to apply.

2. Chase Freedom Flex℠

While not specific to Costco, the Chase Freedom Flex℠ card provides excellent rewards on rotating categories, including warehouse clubs like Costco. With this card, you can earn 5% cash back on up to $1,500 in combined purchases in quarterly bonus categories (upon activation), which often include warehouse clubs during certain quarters. You’ll also earn 5% cash back on travel purchased through Chase Ultimate Rewards®, 3% cash back on dining and drugstore purchases, and 1% cash back on all other purchases. The card has no annual fee and offers a welcome bonus to new cardholders.

3. American Express® Gold Card

The American Express® Gold Card may not be specifically tailored for Costco, but it offers compelling rewards on everyday spending, including groceries and dining – categories highly relevant to Costco shoppers. With this card, you can earn 4X Membership Rewards® points at restaurants worldwide and at U.S. supermarkets (up to $25,000 per calendar year, then 1X point). The American Express Gold Card also provides benefits like a $120 annual dining credit, up to $100 airline fee credit, and valuable travel protections. While it has an annual fee, the card’s rewards and perks can offset the cost for frequent Costco shoppers who also enjoy dining out.

4. Bank of America® Cash Rewards Credit Card

The Bank of America® Cash Rewards Credit Card is another option worth considering for Costco lovers. The card allows you to earn cash back on everyday purchases, including Costco shopping trips. With this card, you can earn 3% cash back in a category of your choice, including online shopping, home improvement/furnishings, and gas, among others. Additionally, you earn 2% cash back at grocery stores and wholesale clubs (including Costco) and 1% cash back on all other purchases. The card has no annual fee and offers a welcome bonus for new cardholders.

5. Citi® Double Cash Card

Although not specifically tied to Costco, the Citi® Double Cash Card offers a straightforward cash back program that can be beneficial for Costco shoppers. With this card, you can earn up to 2% cash back on all purchases — 1% when you make a purchase and an additional 1% when you pay it off. Since the card has no category restrictions, you can enjoy earning cash back on your

Now go get your Costco Roast Chicken, 60 Pack of Toilet paper, and a Giant Brick of Cheese with your new credit card. And as always…. don’t forget a Hot Dog and Ice Cream on the way out!

The 3 Amigos of Credit Card Types: Cash Back, Travel, and Points.

The 3 Amigos of Credit Card Types: Cash Back, Travel, and Points.

by | Jun 19, 2023 | Credit Card, Credit Cards, Rewards

Credit card reward types.

3 types of credit card rewards.

Introduction

Picture this: you’re checking out of your favorite store and the cashier flashes you a smile, asking, “How would you like to pay?” Without thinking, you respond “Credit Card”. You reach into your pocket and pull out a credit card that you’ve had forever, faded numbers, out of date reward program, and swipe without ever thinking. 

Does this sound like you? 

Have you ever thought, “Why aren’t I getting more out of the credit card spending?” 

There are 100s of different cards with different limits, benefits, fees, etc. 

Let me be your Guru in the wacky world of Credit Cards and let’s discover the three unique characters that dominate the scene: Cash Back, Travel, and Points. These cards have their own quirks, perks, and personalities. So, saddle up, and let’s embark on a humorous journey through the land of credit cards!

Cash Back: The Deal Hunters

If you’re the type who proudly sports the nickname “Discount Diva” or “Coupon King/Queen,” then Cash Back credit cards are your trusty sidekick. These cards have mastered the art of saving, making you feel like you’re being paid to shop (if only!). With every swipe, they tuck a small portion of your purchase price back into your pocket, creating a sweet symphony of savings. They’re the superheroes of the frugal universe, fighting off high prices and leaving you with a happy bank account.

But watch out for their tricks! Cash Back credit cards can be masters of disguise, luring you in with dazzling rewards only to reveal hidden fees and high-interest rates later. Stay vigilant, my friends, and always read the fine print.

Two of the best options “Card Name” and “Card Name”

Travel Perks: The Globetrotters.

Ah, the Travel credit cards—the jet-setters, the explorers, the adventurers. These cards have a passion for passports and a knack for making vacations more affordable. They offer a variety of travel-related rewards like airline miles, hotel stays, and even access to airport lounges. With their charming allure, they whisper tales of sandy beaches, snow-capped mountains, and bustling cities, enticing you to book that dream getaway.

But beware of the fine print! Some Travel credit cards may come with restrictions, like blackout dates or limited airline options. And don’t forget the annual fees! Make sure the perks align with your travel habits, or you might find yourself longing for a staycation.

Two of the best options “Card Name” and “Card Name”

Points Card: The Jack-of-All-Trades

Finally, we have the versatile Points credit cards, the shape-shifters of the credit card realm. With these cards, you can earn points on various purchases and redeem them for a range of rewards—from gift cards to merchandise to experiences. They’re the chameleons of plastic, adapting to your ever-changing desires. Need a new gadget? Trade your points for one. Craving a gourmet meal? Points got you covered.

But keep your eyes peeled! Points credit cards may require meticulous tracking and redemption strategies to truly maximize their potential. Falling into the abyss of expired points is no laughing matter, my friend. Stay organized and let the points rain down on you.

Two of the best options “Card Name” and “Card Name”

Conclusion

In this whimsical journey through the credit card kingdom, we met three colorful characters: Cash Back, Travel, and Points. Each with its unique quirks, they have the power to bring joy, savings, and adventure to your life. However, don’t be fooled by their charm—credit cards must be handled with care, and it’s essential to choose the one that aligns with your spending habits and financial goals.

So, the next time a cashier flashes a smile and asks if you’d like to apply for a credit card, remember the wise words of this blog post. Consider your options, read the fine print, and choose the card that will accompany you on your financial adventures.

Happy swiping, my fellow credit card enthusiasts! May your cash back be bountiful, your travels unforgettable, and your points never expire.

Love,

CardGuru