Costco AMEX Replacement Card

[audreyh1]

Quote:

Originally Posted by explanade It would be nice if they supported Apple Pay and EMV.

I believe Citi supports Apple Pay already, so this new card should.

I'm pretty sure it will be a chip (EMV) card as all newly issued cards are.

The card picture shows a chip https://www.citi.com/credit-cards/cr...ard-conversion .

[bltkmt]

I received the mailing as well. Today, I accepted AMEX's offer of the Blue Cash Everyday card (with $300 credit) because I do like AMEX for many things. I also am cancelling my United Airlines Visa as miles earned on that horrible airline are not worth anything to me.

[Gotadimple]

Quote:

Originally Posted by audreyh1 No, I expect to receive the card in May according to one of the recent links posted above. The Citi link?

Yes, the link. Also I think it is on the Costco blog and in the letter sent to all members.

- Rita

[explanade]

Quote:

Originally Posted by audreyh1 I believe Citi supports Apple Pay already, so this new card should. I'm pretty sure it will be a chip (EMV) card as all newly issued cards are. The card picture shows a chip https://www.citi.com/credit-cards/cr...ard-conversion .

No I mean will Costco upgrade their terminals.

[audreyh1]

Quote:

Originally Posted by explanade No I mean will Costco upgrade their terminals.

Oh I see - who knows?

[explanade]

If the old Amex cards didn't have chips, maybe the new Citi cards will.

And there's a liability shift, though I don't know if it applies to warehouse stores.

Gas stations got exemptions for the liability shift for a couple more years and they are among the most targeted for hackers trying to skim credit cards.

[audreyh1]

Quote:

Originally Posted by explanade If the old Amex cards didn't have chips, maybe the new Citi cards will. And there's a liability shift, though I don't know if it applies to warehouse stores. Gas stations got exemptions for the liability shift for a couple more years and they are among the most targeted for hackers trying to skim credit cards.

Yes, the new Citi card will have a chip. The image on the link shows it.

Many retailers are ignoring the liability shift right now.

[audreyh1]

You should all be getting/have gotten a mailer from Costco about the new rewards and to expect the new card in May.

[travelover]

Quote:

Originally Posted by audreyh1 You should all be getting/have gotten a mailer from Costco about the new rewards and to expect the new card in May.

Got my mailer two days ago.

[audreyh1]

This new Citi card looks like it's going to be my go to card for most US purchases. 3% on hotels and restaurants will be really nice - I wish I had it to take on my upcoming trip!

In fact, it's making me reconsider my whole current credit card strategy as now I have higher reward opportunities than my current Fidelity AMEX 2% on everything card (soon also to convert to VISA).

I'm also pondering signing up for the American Express Blue Preferred card for the 6% on groceries and 3% at major department. They have a promotion running right now for folks who sign up by Jun 15, 2016 for 10% rewards on purchases at the main US cellphone providers, including cellphone bills, through the end of 2016. I have an iPhone SE to order, and we have T-mobile bills to pay for the rest of the year.

I was mulling whether I wanted to deal with another card, but with the Costco Amex going away, this might work as a replacement. The cellphone rewards has made me look again.

My other rewards cards may be put away, except for international travel (where BofA Travel Rewards card reigns supreme unless I need a card with PIN, and PenFed VISA (have PIN) and United Chase VISA are no-transcation-fee backups). The Fidelity 2% card will be good for non-Amazon online purchases and the few places that Citi or Amex Blue revert to 1%. I use the United VISA for car rental as the primary insurance is worth the cash reward I'll give up, and I do at least get miles. Not sure I'll even bother with the PenFed VISA unless traveling, since the Citi card gives 4%. We just don't buy that much gas every month and usually at Costco.

[Fedup]

Got mine today too. I hope I receive this card in May because I won't be here in June and would like to use it on my traveling. I'm thinking of cutting a few credit cards off now that I've harvested all the reward points. I just keep Pen Fed VISA and this. I'm not sure I will keep the Sapphire card either.


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[TrvlBug]

Are you getting the mailer from Costco or Citi? I haven't received mine and unfortunately, do not receive mailings from Costco, except the yearly bill, even though I have made numerous calls over the past year. I've given up.

[scrinch]

Quote:

Originally Posted by TrvlBug Are you getting the mailer from Costco or Citi? I haven't received mine and unfortunately, do not receive mailings from Costco, except the yearly bill, even though I have made numerous calls over the past year. I've given up.

The mailer I got a few days ago came from Costco. It said to expect a new card from Citi in May.

Sent from my XT1254 using Tapatalk

[Gotadimple]

Received from Citi today a new mailer with dates and details:

4% on Gas, anywhere in the world
3% Restaurants and eligible travel purchases
2% at Costco and Costco.com
1% everything else

In April, Citi will send more info about the transfer
In May, the card will be mailed
In June, begin using 6/20

- Rita

[audreyh1]

We got the mailer from Costco at the beginning of April giving an overview of the new Costco VISA. This was in a hard fold-out envelope that contained some more postcard sized bits.

Citi sent out a large (1/2 sheet sized) envelope with several folded pages about the Costco card in the past couple of weeks. Did anyone here receive it yet? A couple of neighbors got it recently. I know because one of them was in our box by accident.

We didn't get this recent one. I expected it to be in our held mail that we picked up a couple of weeks ago, but it's a no show.

[RetireAge50]

Yep got both. Into the recycle bin they went. Nothing in the Citi mailer that we didn't already know.

[audreyh1]

Quote:

Originally Posted by RetireAge50 Yep got both. Into the recycle bin they went. Nothing in the Citi mailer that we didn't already know.

Thanks - I just don't like missing something. I mean, I hope they send my new cards to the right place!!!

[Fedup]

This card charges foreign transaction fee.


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[explanade]

There are few no annual fee cards which do not charge FTF.

[audreyh1]

Quote:

Originally Posted by explanade There are few no annual fee cards which do not charge FTF.

But there are a handful of good ones. My fave is the Bank of America Travel Rewards because I get 1.5% (actually 1.65%) back on all purchases and no FTF. I use it heavily when traveling overseas. In the US I have 2% cards I prefer.

PenFed also has a no annual fee, no FTF chip and PIN card - Cash Rewrds VISA with 5% off gas, no other rewards. But it's handy in Europe when you need to use a PIN.