Tag Archives for costco.
Costco has sold gold bars since the fall. They get more than the spot price of gold, but it’s still a good deal compared to most places you’ll purchase it.
It’s one of the more unusual things that Costco sells, perhaps, and it’s gotten a lot of attention this month because of a Wells Fargo report suggesting Costco sells $200,000,000 per month in gold bars. That’s a run rate of $2.4 billion per year in gold sales.
Citibank pulled out of advanced negotiations with Apple to be the new issuer of a co-brand card that will now launch from Goldman Sachs this summer. According to a report “J.P. Morgan Chase, Barclays and Synchrony, also bid on the business.”
One bank staffer is said to have texted a Goldman Sachs executive, “Dude, if that portfolio ever makes money, I’m buying you a beer.”
Three years ago we saw what I think may be the worst signup bonus in history, worse even than the stuffed animal you could get signup up for a JAL Mileage Bank credit card.
But are there several offers that are worse, even much worse?
I don’t think interest, or credit card interest is evil. I believe that consumers generally understand the choices they’re making, even if you or I might make different choices. And people do need credit. If you didn’t have credit cards, the need for credit would still be there, and consumers would be left with the next best option.
If you need to fix a car to get to work, or pay a medical bill, credit cards are a better way to do that than payday loans which are better than having your legs broken. You’re paying interest, but you’re also getting something of value in return.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Specially marked packages of Swiss Knights Fondue and Cheese are offering 500 American Airlines miles. You can pick the stuff up at Costco, Traders Joes, and some supermarkets. Some folks looking to top off their American Airlines accounts may find buying long shelf-life, no need to refrigerate cheese worthwhile just for the miles. The economics aren’t quite as good as buying pudding once was but I suppose you, too, can reduce your cost basis by donating the fondue to charity and taking a tax writeoff. Product website is short on details, such as how long the promotion will run or whether there’s a maximum number of codes a single individual can redeem for their account.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
