Originally Posted by
leonard016
For big spenders, Costco has the "black" card - Executive Membership that returns 2% on purchases made through cashier (online purchase and gas are excluded). It costs $100 ($50 more than the regular membership) but has the potential to put money back to your pocket.
I signed up for this - they were running a promotion where Costco guaranteed that you would get at least $50 back in rebates - if your check falls short of $50, they make up the difference. Plus, they gave me a $10 (or maybe $15, I can't recall) Costco gift card on the spot and approved me for a no-fee Costco AMEX that came with a $25 statement credit, and pays 5% back on fuel purchases, including gas purchased at Costco (+ some other stuff - I just use it for Costco gas and some purchases in the store, which draw a 1% or 2% rebate). Since Costco gas is so much cheaper than anything else around here (SoCal), the 5% back really knocks the price down.