pushback

I think we are getting two cards confused here. There is the Costco Biz card, which gives 5% back on gas purchased ONLY at Costco (plus 3% dining, 2% travel, 1% everything else--as someone else mentioned).

Then, there is also the Amex Simply Cash Biz card which gives 5% at gas stations not associates with Warehouses (like Costco) or Supermarkets. This one also gives you 5% back on wireless services and at office supply stores. Since I get most of my gas at Safeway this doesn't help me much.

Both of the cards above also give 5% open savings (Fed Ex, Kinkos, Hertz, Marriot, etc. Plus some lower savings on other partners).

My wife uses a Chase Rewards card that gives her 5% on Gas & Groceries. I just checked their website and I do not see it listed so this may have been discontinued. I am using a Citibank AA MC which is giving me 5 miles per dollar for a year (they bribed me with that to keep the card when I called to cancel it) Normally I would do the 5% cash but I want to get to 2 MM ASAP on AA and get that lifetime Plat thing out of the way (at 1.6 now).

curious_miles

very nice! 5 miles for all purchase or gas only?
If for all purchases, then it's unheard of.

pushback

The 5 miles is only on Gas, Groceries, and Drug Stores, I think.

curious_miles

Yeah, that's what I thought. Sounds too good otherwise. Did you buy a lot of gift cards in grocery stores lately?

toomanybooks

This is not correct.

Here is the language on the Costco Business Amex (TrueEarnings card) gasoline rebate, cut-and-pasted from the link off Costco's website:

"Rebates are awarded annually in the form of an in-store coupon redeemable for cash or merchandise at any U.S. Costco Warehouse. Each Eligible Purchase shall qualify for a Rebate of 5, 3, 2 or 1%, as follows: 5% for purchases of automobile gas (effective December 01, 2007, any individual Purchase transaction in excess of 75 gallons or equivalent dollar value will not be deemed to be a Purchase of automobile gasoline) at Costco Gasoline and domestic stand-alone gas stations, excluding gas purchased at warehouse clubs other than Costco, superstores or supermarkets....."

http://www.costco.com/Service/Featur...uctNo=11240876

pushback

Ah! Right you are. I guess since I get my gas mostly at Safeway this is a nuance I just blanked out on, but I have a couple of road trips coming up so I will have to be sure to use the Costco card when I am not at a Safeway. Thanks!

tev9999

The Amex Blue Cash required spend is $6500 in ANY purchase, not just gas, to get to the 5% level for gas, grocery and drug store and 1.5% everywhere else.

curious_miles

You're right. Amex used to have a very nice reward structure, but not any more. Even without the $6500 tier, citi amex plat wins over amex blue cash. My 3 favorites are all from citi. Amex is no more in my wallet including the amex starwood.

citi amex plat: 3 to 5 points per dollar
citi AA 3 kinds: 2 AA miles per dollar
citi mtvU: I love this, I love this so much that I don't want to tell the details. This card is very unique in that you can get any other card if you have a good credit and good income including Centurion, Chairman etc. This is so good that some people even think about going back to school just to get this card.

Happyguy

I use the penfed card with no issues. Penfed is a great financial organization with very competitive rates on auto and home loans.

chauming

Does discovercard pay 5% on sam's club gas?

unavaca

FWIW, Amex's Blue Cash (5% on Gas) does not give 5% back on Costco Gas. It puts it in the "Wholesale Club" category which gets 1.25%.

MarkMColo

I also have the PenFed visa, although I usually only use it when traveling overseas (cash rebate offsets the 1% currency conversion fee with a little left over).

On the discover card, I don't have personal experience but there is a good chance that Sams Club and Costco don't qualify for the 5% on gas. Also, the 5% may be limited to purchases of first $100 in gas/auto maintenance purchases each month?

AstroClub

I am using Exxon Mobil SpeedPass. 15cents per gallon. I have had so many gas cards for long, but this is my best choice. I used to love Discover Miles to Go, which gave me 5% rebate, but only up to $5.00 every month. I hope they will remove the restriction.

Mr. Bean

Chase bp Visa - 10%/4%/2% cash back on Gas (at BP)/Travel+Dining/Anything first 60 days; 5%/2%/1% afterwards.

My guess is that it is churnable.

I've only recently figured out the 10% promo, and it is excellent for me because a nearby BP usually has the lowest prices in 100-150 mile area

And the 4% travel bonus is good for airfare purchases, hotel bookings, etc.

TAHKUCT

Chase cards are not churnable.