This week I found out two assumptions made about Costco purchase rebates are incorrect.
- With TrueEarnings Costco AMEX card, Costco Executive Membership would earn me 3%, not 5% cash rebate, based on 1% cash back on Costco spend and the 2% additional cash rebate from Executive Membership.
- In general, Costo purchases do not qualify for extra bonus earned for US Supermarket purchases.
Safeway and Trader Joe's are qualified as US Supermarkets. Amazon and Target do not.
RETAIL CATEGORY | ||
Category / Definition | What does this mean for you? | Products |
U.S. Supermarkets To earn additional rewards on supermarket purchases, the supermarket must be located in the U.S. A supermarket offers a wide variety of food and household products such as meat, fresh produce, dairy, canned and packaged goods, household cleaners, pharmacy products and pet supplies. (Superstores, convenience stores and warehouse clubs are NOT considered supermarkets.) Supermarket FAQs | Examples of merchants* that accept the Card and where you can earn additional rewards include:
*This is not a complete list. Examples of merchants where you will NOT earn additional rewards include:
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Do not make the same mistakes as I did!
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