Since You Asked: Costco switch to Visa won't cost loyal member his rewards - News - MailTribune.com - Medford, OR

Mail Tribune (Medford, OR — Wayback)

2015-10-21

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED   » NEWS NOW   Portland dispensary fined $2,500 for handing out products in parking lot       ...       Surveillance video captures Medford surgery center thief       ...       Rogue River offers guided tour through Palmerton Park Arboretum       ...       Portland dispensary fined $2,500 for handing out products in parking lot       ...       Surveillance video captures Medford surgery center thief       ...       Rogue River offers guided tour through Palmerton Park Arboretum       ...           SINCE YOU ASKED Since You Asked: Costco switch to Visa won't cost loyal member his rewards Comment MailTribune.com Writer Posted Aug. 30, 2015 at 12:01 AM Posted Aug. 30, 2015 at 12:01 AM »  Social News I've been a Costco member going back to the Discover Card days. Now that Costco is ending its relationship with American Express, will I have to buy a new MasterCard or Visa from Costco? How will I collect my rewards? — Steve S., Medford Loyal customer that you've been, Steve, we're sure that Costco wants to keep you coming back. Here's what we learned from Paul Latham, vice president for membership and marketing services for Costco Wholesale, based in Issaquah, Wash. Costco will continue to accept all American Express credit cards, including the Costco/American Express card until sometime after April 1, 2016. At that time, Costco will begin offering a Visa credit card to replace the American Express card. There will be no additional fee for the new Visa card as long as you maintain a valid Costco membership. Rewards earned in 2015 will be paid in the form of a check included in the February billing statement from American Express, just as they always have, Latham said. However, rewards earned in 2016 will be paid under the terms and conditions of your agreement with American Express. That means you may want to hedge your bets, getting the new card from Costco and hanging in with American Express long enough to collect your future awards. Send questions to “Since You Asked,” Mail Tribune Newsroom, P.O. Box 1108, Medford, OR 97501; by fax to 541-776-4376; or by email to [email protected]. We’re sorry, but the volume of questions received prevents us from answering all of them. MailTribune.com Writer Posted Aug. 30, 2015 at 12:01 AM » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2015 Local Media Group, Inc. All Rights Reserved.    Privacy Policy  |  Terms of Service  |  Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501