Does Sam's Club / Costco gas count for the 5% cashback with Citicard?

[Albis]

So my friends and I all have the Citicard Plat Dividends card that gives 5% back for gas/grocery/drugstore and we don't know if getting gas at Sam's Club/Costco counts for the 5% back. I know Citicard says warehouse purchases only get you 1% back but is the gas seperate?

 

[Demon-Xanth]

You can't buy Costco gas with a card outside of an ATM card or American Express, atleast the last time I checked.

 

[OutHouse]

Originally posted by: Demon-Xanth
You can't buy Costco gas with a card outside of an ATM card or American Express, atleast the last time I checked.

yip, they have signs on each pump saying so.

 

[Toasthead]

Originally posted by: Demon-Xanth
You can't buy Costco gas with a card outside of an ATM card or American Express, atleast the last time I checked.

yep

 

[FoBoT]

costco doesn't take visa or mastercard, so i don't see how you could use a citibank anything with them

the gas pumps only take debit cards or AmEx (i guess, i don't have one)

 

[OutHouse]

i have often wondered why Costo doent take Visa or MC.

 

[FoBoT]

Originally posted by: Citrix
i have often wondered why Costo doent take Visa or MC.

they don't want to pay the % of the action to them

 

[IanthePez]

my guess is because there are fees associated with Visa and MC that would lower their profit margin.

 

[Albis]

How about Sam's Club gas? Sam's Club gas stations take Visa / MC so that works with the Citicard Dividends card.

 

[OutHouse]

but wouldnt they see a increase in their sales by offering other methods of payment?

 

[Viper GTS]

There are actually Citi branded AMEX cards, in fact there is a Citi Dividend AMEX.

That might work.

As for Costco not taking Visa/MC I'm sure they have a hell of a deal worked out with AMEX. AMEX fees are normally much higher than Visa/MC (which is why so many vendors won't take it).

Citi AMEX cards

Viper GTS

 

[Albis]

I guess I found the answer. If you log on to your Citi account online and click on your statement, you can click on the amount charged in each transaction, it gives you details about what kind of merchant category you used your card at.

Sam's Club Gas is a "Merchant Category AUTOMATED GAS DISPENSER "

 

[AgaBoogaBoo]

Originally posted by: Citrix
but wouldnt they see a increase in their sales by offering other methods of payment?

They might see an increase in sales, but by going with Amex only they're able to get benefits including lower transaction rates than the other may have been able to offer. These benefits probably outweigh (sp?) the increase in sales.

 

[jadinolf]

Originally posted by: FoBoT

Originally posted by: Citrix
i have often wondered why Costo doent take Visa or MC.

they don't want to pay the % of the action to them

:thumbsup:

 

[Strk]

According to my Amex summary, BJ's gas isn't separated from the regular store, so I'd assume the same goes for Sam's and Costco.

 

[jadinolf]

Originally posted by: Strk
According to my Amex summary, BJ's gas isn't separated from the regular store, so I'd assume the same goes for Sam's and Costco.

I have Amex and Costco has two separate categories on my statement: Costco Gas and Costco Warehouse.