Costco unveils a new co-branded cash back card
For frequent drivers, the Costco Anywhere Visa card from Citi offers 4% cash back on gas purchases, up to $7,000. After the first $7,000 in fuel fill-ups, cardholders will get 1% back on gas purchases.
They’ll also get 3% cash back on dining and travel, 2% back on Costco and Costco.com purchases, and 1% back on everything else.
“We have a strong relationship with our members and it’s important that we’re rewarding their loyalty to us,” said Costco CEO and president Craig Jelinek. “Our new co-brand credit card agreement with Citi enables us to offer significant value and benefits to our members across 494 locations in the U.S. and Puerto Rico.”
Other benefits of the new co-branded Costco card include extended warranty coverage, car rental insurance, travel accident insurance, and trip cancellation and interruption protection.
Ally Bank customers get option for a 10% bonus on cash back
The Ally CashBack credit card gives folks one percent cash back on all purchases, and 2% back on all gas and grocery purchases. The rewards have no cap, so the more you spend, the more you earn—as long as the account is in good standing. Rewards don’t expire, and there is customer service available 24/7 in case of questions about redemption options or rules.
Another option, for those who have an account with Ally Bank, is to deposit the cash back into their eligible account. If they do that, they’ll get a 10% bonus on their cash back rewards.
“We are confident the Ally CashBack credit card’s rewards structure will resonate with customers, and the ten percent bonus feature for rewards deposited into an eligible Ally Bank account is consistent with our philosophy to help them maximize their savings opportunities,” said the CEO and president of Ally Bank, Diane Morais.
Ally also offers online and mobile account access, making paper statements a thing of the past.
Read Also Related News
If you and your partner find yourself at odds over finances, join the club. Money is the number one thing couples fight about according to therapists and relationship experts. But just because it’s common, doesn’t mean it can’t be...
People who love taking advantage of Groupon’s discount offers now have an even better way to save money when using a Groupon – as long as they pay for it with an eligible Mastercard or Visa credit or debit card. Groupon Plus offers...
Mobile payments are gaining momentum, and that’s being demonstrated by the success of Visa Checkout, the online payment option for folks with a Visa card and a mobile device, desktop, or laptop computer. More than 20 million people have...
I need a credit card with a 0% APR to consolidate several of my credit cards into one payment. Please advise what card I can apply.
There are special credit cards that allow consolidation of other cards’ debts - the balance transfer credit cards. These cards usually come with a 0% intro APR on balance transfer offer. The zero introductory period varies, but as a rule it is between six months and two years. So you can find a credit card with...
The easiest way to find out if you have credit accounts under your name is to request a copy of all your three credit reports: Experian, Equifax, and TransUnion. The reports contain information about active credit accounts, its issuers, and the information about credit accounts balances. If you want to protect yourself...
To set a PIN on your credit card, you should call the credit card issuer at the number on the back of your credit card and request your PIN. After that, the issuer will mail to you your PIN. In the meantime, if you need cash, you can go to a bank office and present your credit card and picture ID.
The overall process of getting a credit card can take up to 30 business days. To know the status of your credit card applications you should contact the credit card issuer. A quick online search for the bank or credit card issuer's name should turn up a customer service phone number or email address. Banks and credit card...