By VICTOR E. SASSON
EDITOR
HACKENSACK, N.J. -- I took the money and ran.
In the past, I'd use the cash rebates from my no-fee Costco Anywhere Visa Card to make more purchases at the warehouse in Teterboro or the Costco Business Center in Hackensack.
But that makes no sense when I can use Costco as an ATM and make those purchase with the Costco credit card, earning even more cash rebates.
My cash rebates -- awarded in February -- totaled $451.91 this year, including the $189.78 I received today.
Compare that to my annual Costco Executive Membership fee of $120.
In August, when my membership automatically renews, I'll get another 2% cash back on my purchases by virtue of my executive membership.
I made a few purchases at the Costco Business Center on South River Street today, and charged them to the Costco credit card:
A large Golden Pineapple ($1.99), a 5-pound bag of grated Parmesan Cheese ($20.19), and a 24-bottle variety pack of flavored Poland Springs Sparkling Spring Water ($8.49).
AT THE COSTCO BUSINESS CENTER: My purchases today included a 5-pound bag of grated Parmesan Cheese I use in pasta, fish and egg dishes, such as those you'll find at Victor's Healthy Kitchen on YouTube. |
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