According to FW, all Costco Amex cardmembers will begin receiving 3% rebates on gas in February: Got this from costco magazine Feb 2008. “Beginning this month, members with the cards begin receiving 3 percent cash back on gas purchases! These include gas purchases from Costco gas stations and stand-alone stations (such as Chevron or Shell stations that […]

According to FW, all Costco Amex cardmembers will begin receiving 3% rebates on gas in February:

Got this from costco magazine Feb 2008.
“Beginning this month, members with the cards begin receiving 3 percent cash back on gas purchases! These include gas purchases from Costco gas stations and stand-alone stations (such as Chevron or Shell stations that are not part of a retail or grocery chain).”

Previously, the Personal version of the card offered only the standard 1% rebate on gas, along with a 3% rebate at restaurants, 2% on travel and 1% on everything else.

According to another post, the Business version of the Costco Amex will also now only offer a 3% rebate on gas, down from the 5% it was previously offering, making the rebate structure for both the Personal and Business versions identical.

This post is from Credit Card Watcher’s Credit Card Blog.

Costco TrueEarnings Amex Personal Card: Now with 3% Rebate on Gas

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From Credit Card Watcher - www.creditcardwatcher.com