Quote:
Originally Posted by Rerun
Thanks for pointing that out. Went back and read the fine print on the replacement AMEX SimplyCash card and its, for the first 6 months, 5% back on gas, groceries, and restaurants. Everything else is 1.25%. There also is a max refund limit of $250.
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Yup - basically, we are going to use the new card for 6 months just to get the 5%, then swap to using the Mastercard.
But we'll still keep the Amex card around because the switch to Mastercard is for Costco Canada only. If you go to Costco in the States, they will still only accept Amex or cash/debit. A Costco cashier here speculated that, once the contract with Amex runs out in the States, they will switch to Mastercard as well. No idea when that might happen, though.