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Re: Some good advice and info...

By: weco in FFFT | Recommend this post (0)
Fri, 03 Feb 12 8:13 PM | 55 view(s)
Boardmark this board | Food For Further Thought
Msg. 38598 of 65535
(This msg. is a reply to 38586 by oldCADuser)

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OCU - Yes, Costco's Exec Membership has more than covered their fee, plus a handy bit on top of it.. We just converted to AMEX with them, simplifies a lot of things.. But we still use our Credit Union debit card as well as their credit and another couple, depends on the category... We just had AMEX jack up our ceiling, we'd left it low, thinking more of local purchasing, but then this trip popped up, very easy, a phone call, name your number, done.. Nice..

I had a couple Corporate cards until I retired, added to my paperwork time, but AMEX for food and travel, MC for materials, tools... Very big time saver, but a lot of guys wouldn't take on the paperwork... Prior to them we'd have to pay out of pocket, voucher, or rely on a remote boss to find the time to handle things.. Way, way back, we'd make all our own flight plans, so if we knew we were heading to Chicago for classes, buy the ticket way ahead, save the difference from what the Co travel Dept allowed... Then they decided they would handle all of it, eventually when the AMEX cards came along it was a lot better, but the AMEX reconciliation process within was tedious, an online thing, messy until they sorted some of it out.. VPNs let us access the internals nicely... Even form Macs!

Great to be gone!

weco


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The above is a reply to the following message:
Some good advice and info...
By: oldCADuser
in FFFT
Fri, 03 Feb 12 7:25 PM
Msg. 38586 of 65535

http://finance.yahoo.com/news/4-reasons-to-use-credit-cards-versus-debit-cards.html

My wife and I don't even have a debit card. Everything possible goes on our Costco Executive Membership AMEX credit cards, which pays anything from 1% to 4% cash back bonus (last year we got a refund check for over $1,000) as well as special bonuses on some expenditures (for example, I get 5% back for any charges at a Marriott property, which I usually stay at when I travel on business). And on top of that, COSTCO gives you store credit based on the money you actually spend in their stores (last year that came to over $140 in store credit).

And, we have never paid a single dime of interest in the 3+ years that we've had this account and there are NO annual fees either.


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