Credit Tips: Information on American Express Credit Cards
Written by carnold
Posted On: February 1, 2006
Author: Michael
Posted: Wed May 21, 2003 1:59 pm
Post subject: Information on American Express Credit Cards
Does anyone know why the rebate tiers on the Costco cash rebate card are lower than those on the green and blue cashback cards?
No one at either AMEX or Costco seems to be able to answer the question.
Why would anyone use the Costco version if the rebates are higher on the other two cards, unless they just want their picture on the back of the card??? In other words, why keep the Costco card instead of switching to one of the other two free cashback cards?
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Author: Eugene
Posted: Wed May 21, 2003 10:34 pm
Post subject: Information on American Express Credit Cards
Costco AmEx card also acts as Costco membership card, so there’s convenience. It also has Buyer’s Assurance and Purchase Protection Plans that the Blue Cash card does not have.
Green card also has some features that Blue Cash Card doesn’t.
So, even though Green and Costco have their disadvantages, I see how Blue Cash Rebate card can be not the best AmEx card for some people.
See http://www66.americanexpress.com/cards/Fmacfservlet?csi=0/20/b/80/1413651891/141201246775/20/n/3/73/67/54&from=200&mgmID=undefined for more details.
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Curtis Arnold, a nationally recognized consumer educator and advocate, has been educating consumers about credit cards since 1998. Curtis is the author of "How You Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line" (FT Press, 2008). He is also the co-author of the upcoming Complete Idiot's Guide to Person-to-Person Lending (Alpha Books/Pengiun Group USA, April 2009), a contribitor to The Ultimate Allowance (InnerWealth Publishing, 2008) and is extensively featured in 42 RulesTM for Driving Success With Books (Super Star Press, January 2009).
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