Carla G wrote: the guarantee Costco offers to reimburse you your membership fees if you don't save the equivalent within your first year membership made it a no lose situation for me.
SilvioM wrote:I would surely shop there sometimes if I didn't have to be a member. It seems like, to make it worth the money, you have to go all-in and give up your other places. I still like TJs, sometimes Whole and Paul's, Old Town, and the farmer's markets. Kroger is conveniently close. It would be tough to give up that ecosystem.
Alanna H wrote: my MasterCards and Discover were useless because Costco only accepts Visa.
Robin Garr wrote:Hmm, it gets even more crazy. For years they accepted only American Express. The switch to Visa occurred this year, amid wailing and gnashing of teeth.
http://www.creditcards.com/credit-card- ... y-1433.php
That and the "We think our customers are all crooks" inspection at the exit are now two reasons why I'm not excited about Costco. It's a shame, though. Politically, I would instinctively prefer them to Sam's Club. But I have a short fuse when it comes to intentional incompetence.
Robin Garr wrote:Alanna H wrote: my MasterCards and Discover were useless because Costco only accepts Visa.
Seriously? That's insane!
Andrew Mellman wrote:Remember, they are a "wholesale club." In essence,one thing they sell is transaction services; if you sign up with them to use their clearing services for your business, they can save you a lot of money, but you are required to use their clearing banking system (formerly American Express; now VISA). In other words, the use of only one card traces back to their corporate clearing business. You can always use cash or debit cards!
Steve Shade wrote:Not really. They are able to pit the various card services against one another and by doing so get a lower cost by using one only. Also there is a Costco visa credit card that is advantageous to have especially if you do a lot of shopping at Costco.
Steve H wrote:It seems that Costco earns praises for their employee pay and benefits. The funds to do this have to come from somewhere. In my mind, they have earned praises for building a new store at a backfill site in a struggling, and dare I say, minority neighborhood. These are good jobs for the locals there, within walking distance for many.
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