Author Topic: Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!  (Read 3305 times)

Dicey

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Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!
« on: February 22, 2016, 02:14:17 PM »
It's Costco Amex rebate time, and here's a little Mustachian tip: If you use your check to pay for purchases, you will be leaving money on the table, because you won't get the Amex rebate on that purchase. Instead, CASH the check, put the money in your wallet and continue charging as usual. You can cash it at the checkstand as you make your purchases, or at Member Services. During this busy rebate time, there may even be a special checkstand open for the express purpose of cashing these checks. It's perfectly okay to do this, just make sure you don't blow your new green soldiers on stupid shiny stuff. And yes, I know the Amex is going away, but its execution has been postponed. It's likely the policy will be the same when they switch to Visa. You're welcome:-)

Bracken_Joy

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Re: Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!
« Reply #1 on: February 22, 2016, 02:16:29 PM »
This is always my plan, but I appreciate the reminder! For some reason, this hadn't occured to me with the Amazon chase though until recently when I saw someone mention something on the forums- apply it to statement, don't use the points to reduce purchase cost, or you're missing rewards on that spending. Same idea, but for some reason I hadn't made the connection!

Orvell

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Re: Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!
« Reply #2 on: February 22, 2016, 02:19:38 PM »
Holy shit. I didn't know you could do this.
:D
Thank you!

Dicey

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Re: Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!
« Reply #3 on: February 23, 2016, 09:48:20 PM »
You're welcome!

Peter Parker

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Re: Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!
« Reply #4 on: February 27, 2016, 07:51:41 AM »
I do this too, but I also have one other Costco trick up my sleeve....

I rarely return items to Costco, but when I do, they often ask if I want cash back or to credit my card.  I take the cash back and keep the charge (and the points) on the card....

Dicey

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Re: Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!
« Reply #5 on: February 27, 2016, 02:09:16 PM »
Wow! I rarely return anything either, but this could be a game changer when/if I do. I have never even considered this. They give actual cash back and not a Costco Cash Card, even if you have your receipt and clearly charged it? Man, I love this forum! Thank you, Mr. Parker!

Peter Parker

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Re: Don't Spend That Costco Amex Rebate at Costco! Cash It Instead!
« Reply #6 on: February 27, 2016, 02:38:21 PM »
Wow! I rarely return anything either, but this could be a game changer when/if I do. I have never even considered this. They give actual cash back and not a Costco Cash Card, even if you have your receipt and clearly charged it? Man, I love this forum! Thank you, Mr. Parker!

I'm not sure if it's just my Costco, they ask ME if I want cash or credit back to my card....That's when I say "I'll take the cash." 
« Last Edit: February 27, 2016, 05:49:19 PM by Peter Parker »

 

Wow, a phone plan for fifteen bucks!