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	<title>Comments on: I Figured Out A Way To Use ANY Credit Card At Costco (As They Only Accept AMEX Now)!</title>
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	<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/</link>
	<description>Teach Your Money To Think!</description>
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		<title>By: Greg</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3858</link>
		<dc:creator>Greg</dc:creator>
		<pubDate>Sun, 09 Oct 2011 20:36:00 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3858</guid>
		<description>So what. If you&#039;re buying groceries or gas, what kind of &quot;extended warranty&quot; do you need???</description>
		<content:encoded><![CDATA[<p>So what. If you&#8217;re buying groceries or gas, what kind of &#8220;extended warranty&#8221; do you need???</p>
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		<title>By: Henry</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3856</link>
		<dc:creator>Henry</dc:creator>
		<pubDate>Sun, 09 Oct 2011 20:34:00 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3856</guid>
		<description>NO--YOU are retarded. You can&#039;t just go apply for a credit card just because you want to shop at Costco. First of all, the more credit you apply for, the more risk there is of it adversely affecting your credit rating. Secondly, why the heck would anyone want a credit card where they have LOUSY customer service and LOUSY rewards??? Your inside-the-box answer is pat and unacceptable. This is from a financial expert.</description>
		<content:encoded><![CDATA[<p>NO&#8211;YOU are retarded. You can&#8217;t just go apply for a credit card just because you want to shop at Costco. First of all, the more credit you apply for, the more risk there is of it adversely affecting your credit rating. Secondly, why the heck would anyone want a credit card where they have LOUSY customer service and LOUSY rewards??? Your inside-the-box answer is pat and unacceptable. This is from a financial expert.</p>
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		<title>By: Henry</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3857</link>
		<dc:creator>Henry</dc:creator>
		<pubDate>Sun, 09 Oct 2011 20:34:00 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3857</guid>
		<description>Yes they are. I just ordered one a minute ago.</description>
		<content:encoded><![CDATA[<p>Yes they are. I just ordered one a minute ago.</p>
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		<title>By: Lucy</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3855</link>
		<dc:creator>Lucy</dc:creator>
		<pubDate>Sun, 09 Oct 2011 20:31:00 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3855</guid>
		<description>But of course! DUH! If we can purchase things online from Costco.com using other credit cards, of COURSE we can buy gift cards using the same strategy! Thanks for the reminder!!! I HATE the AMEX card BTW. LOUSY customer service--another company that outsources its customer service off to India where they have idiots who can&#039;t understand or speak English properly and just can&#039;t communicate either.</description>
		<content:encoded><![CDATA[<p>But of course! DUH! If we can purchase things online from Costco.com using other credit cards, of COURSE we can buy gift cards using the same strategy! Thanks for the reminder!!! I HATE the AMEX card BTW. LOUSY customer service&#8211;another company that outsources its customer service off to India where they have idiots who can&#8217;t understand or speak English properly and just can&#8217;t communicate either.</p>
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		<title>By: Lasalopedesantillaises</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3844</link>
		<dc:creator>Lasalopedesantillaises</dc:creator>
		<pubDate>Wed, 21 Sep 2011 05:32:00 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3844</guid>
		<description>This is retarded.  Simply get an AMEX, or move on.  300 miles is only 3$.  If you&#039;re dropping this much money in a store, the &quot;rewards&quot; should mean nothing.  Enfin, people like you all don&#039;t realise that the value of the dollar has actually decreased with the whole-hearted acceptance of these point systems.  I have an AMEX Gold Card because of the benefits offered to card members.  The points are just an afterthought.  I don&#039;t even consider points when making purchases.  I have more important concerns in life.</description>
		<content:encoded><![CDATA[<p>This is retarded.  Simply get an AMEX, or move on.  300 miles is only 3$.  If you&#8217;re dropping this much money in a store, the &#8220;rewards&#8221; should mean nothing.  Enfin, people like you all don&#8217;t realise that the value of the dollar has actually decreased with the whole-hearted acceptance of these point systems.  I have an AMEX Gold Card because of the benefits offered to card members.  The points are just an afterthought.  I don&#8217;t even consider points when making purchases.  I have more important concerns in life.</p>
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		<title>By: islandgirl</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3838</link>
		<dc:creator>islandgirl</dc:creator>
		<pubDate>Sat, 27 Aug 2011 21:23:00 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3838</guid>
		<description>This is very clever as I, too, have been perturbed that I have to use my debit card and cannot use my mileage cards.  Will check it out!</description>
		<content:encoded><![CDATA[<p>This is very clever as I, too, have been perturbed that I have to use my debit card and cannot use my mileage cards.  Will check it out!</p>
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		<title>By: Wanter of Miles</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3837</link>
		<dc:creator>Wanter of Miles</dc:creator>
		<pubDate>Tue, 23 Aug 2011 18:35:00 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3837</guid>
		<description>Brilliant! I just ordered one! I&#039;m with you- I want it for the miles. </description>
		<content:encoded><![CDATA[<p>Brilliant! I just ordered one! I&#8217;m with you- I want it for the miles.</p>
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		<title>By: Brian</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3805</link>
		<dc:creator>Brian</dc:creator>
		<pubDate>Thu, 14 Jul 2011 22:46:15 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3805</guid>
		<description>The reason that costco uses only the american express card is that they were able to offer the lowest merchant fee for costco after the discover card. Low merchant fee means that costco is able to have lower prices... plain and simple. The mark up for merchandise is only 1-3% where as most businesses mark up 10-20% (one reason that other businesses are able to accept all cards, just like some businesses do not accept the amex card). Because of this costco makes money only on the factor of memberships not the merchandise. It is sometimes a hassle i imagine, but also with the amex card there is an additional 1 year warranty that is covered on merchandise paid in full with the amex. on top of that amex has no annual fee on the costco amex, as long as you are a member and that can range on normal amex cards.</description>
		<content:encoded><![CDATA[<p>The reason that costco uses only the american express card is that they were able to offer the lowest merchant fee for costco after the discover card. Low merchant fee means that costco is able to have lower prices&#8230; plain and simple. The mark up for merchandise is only 1-3% where as most businesses mark up 10-20% (one reason that other businesses are able to accept all cards, just like some businesses do not accept the amex card). Because of this costco makes money only on the factor of memberships not the merchandise. It is sometimes a hassle i imagine, but also with the amex card there is an additional 1 year warranty that is covered on merchandise paid in full with the amex. on top of that amex has no annual fee on the costco amex, as long as you are a member and that can range on normal amex cards.</p>
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		<title>By: Hersh007</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3772</link>
		<dc:creator>Hersh007</dc:creator>
		<pubDate>Thu, 19 May 2011 07:37:03 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3772</guid>
		<description>You can do this at &lt;a href=&quot;http://SamsClub.com&quot; rel=&quot;nofollow&quot;&gt;SamsClub.com&lt;/a&gt; now AND you can use those cards at Walmart too.</description>
		<content:encoded><![CDATA[<p>You can do this at <a href="http://SamsClub.com" rel="nofollow">SamsClub.com</a> now AND you can use those cards at Walmart too.</p>
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		<title>By: Joe Island</title>
		<link>http://www.myinvestingblog.com/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3761</link>
		<dc:creator>Joe Island</dc:creator>
		<pubDate>Sat, 30 Apr 2011 09:54:39 +0000</pubDate>
		<guid isPermaLink="false">http://myinvestingblog.com/2008/05/06/i-figured-out-a-way-to-use-any-credit-card-at-costco-as-they-only-accept-amex-now/#comment-3761</guid>
		<description>Very clever!  We kind of go on and off using Costco - usually when we need to buy something that will save enough to pay for the membership, we do so.  The AmEx thing is a bother - we usually just go with cash, but I don&#039;t like carrying that much around.  Sounds like there might be a problem with the cards though (according to Zhlf below) - will have to go and check.</description>
		<content:encoded><![CDATA[<p>Very clever!  We kind of go on and off using Costco &#8211; usually when we need to buy something that will save enough to pay for the membership, we do so.  The AmEx thing is a bother &#8211; we usually just go with cash, but I don&#39;t like carrying that much around.  Sounds like there might be a problem with the cards though (according to Zhlf below) &#8211; will have to go and check.</p>
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