Got this from costco magazine Feb 2008. "Beginning this month, members with the cards begin receiving 3 percent cash nack on gas purchases! These include gas purchases from Costco gas stations and stand-alone stations (such as Chevron or Shell stations that are not part of a retail or grocery chain)."
Thanks for the info. Just joined costco last saturday. now its time to get the Am@x card. It atleast gives 1% cb for groceries. Cash doesnt give anything!
you all should really just get the business version of this same card - anyone can get it - Then you get 5% back on all gas purchases including Costco gas, plus you get the travel and dining rebates.
ericwuyq said: Got this from costco magazine Feb 2008. "Beginning this month, members with the cards begin receiving 3 percent cash nack on gas purchases! These include gas purchases from Costco gas stations and stand-alone stations (such as Chevron or Shell stations that are not part of a retail or grocery chain)."
I know it's supposed to start this month, but why does the AMEX website not mention it? (do we have to wait until march?)
King276
New Member
posted: Feb. 11, 2008 @ 9:25a
Quick question about the Simply Cash Business Card. My gf was curious if having that card requires filing of taxes differently or in addition to my personal filing? Thanks
cheaprulz said: I prefer the simply cash business card - 5% on Gas / wireless / Staples / OD yes use your own name
There's a post in the finance forums about business cards
Quick summary: List as sole owner ship Just use your own name as company name don't lie (say 0 years in business 0 income -- if that's the case)
I do not believe telling AMEX you have a business constitutes lying to the IRS - just file your taxes correctly
King276 said: Quick question about the Simply Cash Business Card. My gf was curious if having that card requires filing of taxes differently or in addition to my personal filing? Thanks
brucesprings
Member
posted: Feb. 11, 2008 @ 12:50p
I
brucesprings
Member
posted: Feb. 11, 2008 @ 12:51p
If you get the AMEX business card do you have to get a Costco Business Membership also to go with it? Or can you still keep your regular Costco membership?
1. The costco business version of this card "true earnings business" gets you 5% back at all gas stations including the costco gas station, plus 3% at restaurants, 2% at airlines and hotels, and 1% everywhere else.
2. You do not need a business; just list your name as the business name
3. You can use your personal costco account; you do not need a business account
4. The "simply cash" card is unrelated to costo: it gets you 5% at gas stations BUT NOT COSTCO GAS, you also get 5% at office supply stores and wireless companies (vs the 3%/2% at restaurants and airlines/hotels).
5. I am not sure why anyone would get the personal version of this card.
foofght
New Member
posted: Mar. 10, 2008 @ 2:58p
I don't recall the exact fine print, but the implication is that purchases made with the card would have to be business purchases and not personal. Can anyone also confirm this detail?
Under terms it says 20 days no interest on purchases if you pay your bill off each billing period. Does this mean I will incure finance charges if I do not pay the bill off before a charge reaches 20 days? So I would have to pay the card twice a month to prevent from a purchase reaching the 20 day threshold?
20 days for purchases, if the previous balance shown on each billing statement is paid in full by each respective due date.
I have this card; all that means is that if your statement closed on April 1st, your payment will be due April 20th. So the maximum "float" with no interest would be 31 + 20 days.
In the last Costco Connection magazine (given to Exec members only) there is an ad that says TrueEarning card now gives 5% on gasoline, including costco gas. There is no mention it's business only so I think this applies for every TrueEarnings card.
wakko
Ancient Member
posted: May. 6, 2008 @ 4:18p
I'm pretty sure its on the business card only. I just got mine yesterday!
StormRider
Member
posted: May. 22, 2008 @ 9:27p
Hope you experts out there can answer my question.
I just applied for AMEX True Earnings Business Card. However, my costco membership is a shared one where my dad is the primary account holder, and he's the one who gets the Executive checks.
My questions are, will the gift-check come to me or my dad? Will the amount be combined with the Executive check?
StormRider said: Hope you experts out there can answer my question.
I just applied for AMEX True Earnings Business Card. However, my costco membership is a shared one where my dad is the primary account holder, and he's the one who gets the Executive checks.
My questions are, will the gift-check come to me or my dad? Will the amount be combined with the Executive check?
TIA
The credit card rebate check will come to you as you are primary owner of the card.
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