That was our Costco Citi card rebate this year, free money. Plus I picked up a rotisserie chicken for under $5 for dinner with enough leftover for 2 or 3 lunches, the savings keep coming from Clarks favorite store.. 
Also, new this year is you can opt to have your rebate direct deposited into your checking or savings account instead of cashing it at the store.
Iâm definitely going to be opting for that one. I moved to a place where there is no Costco. Ironically, Iâm moving back to Costco land very soon, but I still hate that fake check silliness that they do. Much rather get the DD.
We were going to but we usually just split the dash for pocket (drinking with my buddies) money.
I got mine yesterday, right before going to Costco. Much less.
Unfortunately, they wouldnât let me use it in the self checkout, so I still have it.
We went up to the service counter by the checkouts where you pick up electronics, our cashier didnât have enough in the register. They also offered to print out a check made out to us there. Maybe next year.
Sounded like I could do that. I just didnât have time yesterday.
In a regular line, they could have just scanned it. I had hoped I could do that in self checkout, but no dice.
Your timing is better than ours. We usually get ours a day or two after we go to Costco. Ours is in the $200-300 range since we no longer buy wine or books there.
The end user always pays.
So youâre sitting around sober with nothing to read?
Somebody is paying, but not people who pay their balance off every month. Even if Costco did not have the rebate I would still shop there and spend as much, for me itâs a nice little bonus. If I made all my purchases with cash I would currently have $750.35 less.
Every time anyone uses a cc at Costco how is the merchant/transaction fee paid?
By the customer, which is the same way rent, utilities, payroll, employee benefits, taxes, advertising, the cost of armored car companies to bring cash to the bank, toilet paper in the rest rooms and everything else is paid for. Itâs like using a coupon, who is paying for the people who use them to save a dime on a can of corn? The same with grocery store club cards, somebody is paying for those savings.
At brunch Sunday morning when the waitress brought the check I could have saved $2.20 by paying cash, the 2% I will get back from the Costco Citi card would have covered that, plus itâs easier to use the credit card.
BTW I get your point, but as long as credit card companies offer rewards and rebates Iâll take advantage of them.
Me too, especially since I am paying for them.
Itâs not. That was one reason Costco moved to the Visa. Costcoâs card fees were waived.
No, Iâm here. Costco stopped selling books, except near Christmas, and we gave up alcohol after my wife got a stent. I do have a kindle.
Whoâs paying Visa?
All the other vendors where buyers use the Costco Visa.
Who is paying those vendors?
Whoever is using the Costco Visa at those vendors. Itâs the same for any other credit card shopper, but Costcoâs costs are lowered, which was a major point for changing from Amex to Visa. We have become a credit based society. Widespread credit card usage exists, is growing and weâre not going back to mostly cash society. At some point, one has to figure out how to make that situation work for them.
+1
That is my point. Call it a rebate, reward, kickback or whatever weâre all paying as end users of a product or service. Some are paying more than others but we all pay, not the provider the end user.
I owned three companies sold them at 55 and retired. I took cc, offered early pay discounts to my customers on 30day accounts if they paid in 10 days. They all paid for those âperksâ, my company didnât eat or absorb it.