Dla członków WP

fertieg18

I need an Amex to shop/get gas at Costco
One thing that has hampered me a bit is that I've held on to my Blue Cash? from American Express card. I prefer a two-card, simple to execute strategy (versus a higher-rewarding though tougher to manage multi-card strategy). The "Schwab" Visa (in quotes since it's no longer associated with Schwab) 2% cash back card is my main credit card, and the Blue Cash Amex is my back-up. I keep it for three reasons:

Last year I earned over $800 in cash back credit card rewards. That amount included some really big charges (like our new furnace) and some bonuses, so I don't think I'll be matching that number again this year (though I won't be far off.) I'll be sure to share the specifics of how I did sometime in January.
Overall, I thing the Blue Cash? from American Express card is one of the top cash back credit cards out there. But it works well only if you charge a ton (over $20k) on it each year. Since it's my backup, I don't charge anything like that on it -- I just use it for purchases at Costco. And for this only,[link widoczny dla zalogowanych], it's not a great option.
A better choice for me is the TrueEarnings? Card from Costco and American Express. This card offers 3% back on gasoline and restaurants, 2% back on travel, and 1% back on everything else (including at Costco). And you don't need to spend $20,000 to get the benefit from it -- it starts working at $1. So I intend to get one of these and use it for gas,[link widoczny dla zalogowanych], travel, and Costco purchases, then use my 2% Visa for everything else (plus they're currently giving a $25 statement credit for the first purchase made with the Card.) I figure that doing this will add an extra $25 to $50 in cash back every year -- which is nothing to sneeze at for buying stuff I'd purchase anyway. Wink

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I like having cards from different companies
It's a decent cash back card -- it was my mainstay for years.

How about you? Anyone out there using the Costco Amex card? What do you think about it?