How to redeem Costco Credit card rewards. If you do not read the fine print associated with the Costco Credit card rewards plan, you could get an unwelcome surprise later on down the road.
The money you earn from the card is given upon your January bill closing after your October billing statement. There is no need to call your bank or make a physical visit to the bank in order to redeem this money as it is automatically deposited into your account.
Many Costco members have found that when using their credit card at Costco to shop there, they will see a lower rate on future purchases than they would receive from a bank. This could save them hundreds of dollars over the next year and a half. It is recommended that you keep your balance low by only spending what you have on cards so that you never accumulate too much debt and use too much credit to cover it.
Another benefit you will find when using your card at Costco is being able to pay your bills online. You do not even have to leave the comfort of your home as the charge card is accepted through most major credit cards. Many stores offer this convenience to their customers, but the difference is that Costco is offering it as a feature on their cards.
The Costco membership is a must have for anyone who has a credit card and wants to earn some extra points for future purchases. If you are not already a member, I encourage you to become one as the perks alone may make this option worth it. In addition to earning some points every time you make a purchase, Costco also gives you the ability to save money by only paying for items that you wish to purchase.
With all of the great offers available with your credit cards, it should not be hard to find one that suits your needs. Be sure to check and read the fine prints associated with the offers before you make a decision as many of these offer incentives that cannot be taken advantage of.
If you are looking to earn more points and cash back on your credit card rewards program, you may want to consider the Platinum Plus card that offers a $1000 reward bonus after you make at least one purchase in a twelve month period. This card earns double points for every dollar spent on every purchase you make and you can use the rewards to purchase airline tickets, gasoline, and even to buy gift certificates to restaurants at Costco.
Other cards that you may want to look into if you are looking to maximize your spending power are the Gold Plus card which earns a $1500 reward bonus after you make at least five purchases within a year and the Premier card that earn a fifty dollar reward after you earn at least five purchases within a year. dollars each. Both of these cards earn a single point per dollar spent on your purchases.
Costco has a number of other perks for their members as well. These perks are designed to help you save money on gas and groceries as well as helping you save on utility expenses that can add up to hundreds of dollars over the course of a year.