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The AMEX Card offerred at all COSTCO stores is BUSINESS Credti Card and is thu EXEMPT from the Credit Card Act of 2009.
Why would COSTcCO who is so consumer oriented allow such a card to be applied for thru their stores when such an exemption does away with the transparency created by the Federal Credit Card Act of 2009? This exemption allow AMEX to unilaterlayy changes it interest rates as well as Terms and Conditions for credit card holder. Has anyone else a concern?
My wife and I are long time COSTCO members as are both of our children .
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Thank you, good to know.
I guess it’s for us to pick and choose.As for me, I pay my cards in full amount, always.
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You don’t need to use the AMEX card. They accept cash. Sam’s Club is the same way with Discover and now they introduced Master Card a few years ago.
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Right, cash always works.
I try to use American Express as much as possible (and pay off the card every month). I received $200+ rebate check from American Express this year. I pay no interest and no fee.
I have nothing but good things to say about American Express & Costco combo.
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I want another AE cc. I get $80 something dollars, but compared to other credit cards AE has, there must be better rewards out there.
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