Costco gun mishap

[American123]

A woman was murdered in the Tukwila Cost o parking lot. I thought this thread was going to be about that. Nope.

 

[lucusloc]

Should we have a thread on... "Who here carries in their local CostCo?"

I always buy a rotisserie chicken, a bunch of cheese (I love the Coastal Cheddar), wine, tequila and toilet tissue...

I don't just carry, I basically open carry. Ok, it is still legally concealed, by the strictest definition of the law, but the only cover is a open buttondown. If I reach into my pocket the gun is visible from at least the front. Noe one even notices.

Also I wish our local Costco had liquor. Oregon is a weird state when it comes to "concentrated alcohol." Costco usually carries decent stuff when they are allowed to.

 

[Vrod]

They usually pay me back 200%-300% of the annual membership fee, every year. So I make 100%-200% profit on the annual fee. No complaints there.

And Citi will be providing their annual kickback here in a few weeks, that'll be another $1,200+…

Our check was $1400 this year

 

[American123]

Our check was $1400 this year

That's a lot of spending to get $1400 back.

The executive card's 2% back means that's $70,000 in purchases being bought at Costco.

 

[arakboss]

That's a lot of spending to get $1400 back.

The executive card's 2% back means that's $70,000 in purchases being bought at Costco.

If they sold guns, it might be worthwhile. At the rate I spend money on groceries and self care products, it would take me a decade or more to spend 70k. Lucky for me Grocery Outlet doesn't charge a membership to shop there

 

[American123]

If they sold guns, it might be worthwhile. At the rate I spend money on groceries and self care products, it would take me a decade or more to spend 70k. Lucky for me Grocery Outlet doesn't charge a membership to shop there

Yeah, I mean, spend whatever he wants. His money, I just am curious what is being regularly bought at Costco to spend 70K there in a year. Ingredients for a product made by a business would make sense.

 

[Vrod]

We use the CITI card. 4% on gas and we use it for most everyday living. As long as you pay it off every month there's no interest.

 

[American123]

We use the CITI card. 4% on gas and we use it for most everyday living. As long as you pay it off every month there's no interest.

Ah, gotcha.

That card gets you 4% on gas for $7000, so $280 back, then 1% after that.

2% back at at Costco, so combine that with the executive membership you're basically getting 4% back on costco purchases.

$1120 / .04 means $28,000 in the best case scenario. More if that $1120 is being accrued at the 1% rate for everything else or 3% rate for restaurants.

I'm sure there are some little things I am not accounting for, but it's going to be close.

$35,000 in combined gas and costco purchases.

I'm a credit card guy too. Costco citi card, Cii double cash card. US Bank Cash Plus card.

I try to stretch my dollars a bunch, and you're right. Carrying balances is "poor people money management."

 

[lucusloc]

Yeah, I mean, spend whatever he wants. His money, I just am curious what is being regularly bought at Costco to spend 70K there in a year. Ingredients for a product made by a business would make sense.

My guess (putting it in now before we get an answer) is business expenses. I know lots of business owners who use Costco for bulk business supplies, everything from food truck people to small office type places. It can be a good solution if you cannot pull together enough order to justify going with a larger business supply distributor (who often have high minimum order requirements). Plus I believe the check at the end of the year can go straight into personal income, so it is like a little bonus for the boss (often the only one they get).

 

[nammac]

It doesn't take long to get to those kind of cash back numbers when you consider:

4% for gasoline
3% for restaurants
2% for Costco purchases
1% for all other purchases

Filter all living expenses through the card and viola, you're getting $100+/month kickback.

 

[American123]

It doesn't take long to get to those kind of cash back numbers when you consider:

4% for gasoline
3% for restaurants
2% for Costco purchases
1% for all other purchases

Filter all living expenses through the card and viola, you're getting $100+/month kickback.

Yep, did the math in an earlier post. It's spending about 35K in the best case scenario.

4% on gas only applies on 7K in purchases, after that, 1%.

 

[arakboss]

It doesn't take long to get to those kind of cash back numbers when you consider:

4% for gasoline
3% for restaurants
2% for Costco purchases
1% for all other purchases

Filter all living expenses through the card and viola, you're getting $100+/month kickback.

Interesting. I am going to keep track of my grocery, eating out, personal care items and fuel for February and see what kind of money I am really spending. What's the break even amount you would have to spend on average each month?

 

[Certaindeaf]

Agreed but a rotisserie chicken in Germany with a 2 liter of Coke is absolutely transcending and a Cosco chicken does not even come close !

Gustav's and Rhinelander had good rotisserie chicken.. don't know if they're still open.

 

[Jay Walk]

Like I needed another reason to not purchase a Costco Card.


Nice to see they changed the gun policy though

 

[orygun]

It doesn't take long to get to those kind of cash back numbers when you consider:

4% for gasoline
3% for restaurants
2% for Costco purchases
1% for all other purchases

Filter all living expenses through the card and viola, you're getting $100+/month kickback.

And the business are the ones paying you, because it comes out of the "take" the credit card company is taking. It's a small reason for higher prices.
And it is the biggest reason that my shop takes checks and cash, but no cards.

 

[Jay Walk]

Spending money to save money.

Costco executives and CC executives work in nicer offices than you and live in nicer homes than you.
Much nicer.

 

[Certaindeaf]

Spending money to save money.

Costco executives and CC executives work in nicer offices than you and live in nicer homes than you.
Much nicer.

Money is impossible to understand.

 

[Mikej]

Gustav's and Rhinelander had good rotisserie chicken.. don't know if they're still open.

Nope. Tore the whole thing down and put a Providence "Portland Clinic" and another crazy priced, woke, "Basics Market" in the space.

 

[Certaindeaf]

View: https://youtu.be/xrziHnudx3g?feature=shared

 

[chukar]

Haven't been a member at Costco in over a decade. Each time I've gone as a guest, there's nothing there that compels me to want to rejoin.
The German chicken they used to serve in Frankenmuth, Michigan was always worth a stop on the way north.
Haxe in Munich is my favorite gustatory memory of Germany.

Chicken dinner in Frankenmuth! Loved it when I was in Motown.