American Express Cards are no longer accepted at Costco, which is a huge blow to Amex.
Amex is not trying to shift as many customers as possible to Sam’s Club, where Amex cards are accepted.
Here are the complete terms & conditions:
Details:Get a 1X $45 statement credit by using your enrolled Card to spend $45+ in a single transaction in-Club on a new Sam’s Club Membership at any Sam’s Club location in the 50 U.S. states by 9/30/16. Valid on new memberships only. See terms for exclusions.
Terms:Enrollment is limited. Valid only on a new Sam’s Club Membership (Savings, Business or Plus) purchased in-Club at a Sam’s Club location in the 50 U.S. states and not valid on memberships purchased online or by phone. Not valid on membership renewals, upgrades, add-ons or additional membership or any purchase of Sam’s Club Gift of Membership or Prepaid Sam’s Savings Membership. Must add offer to Card and use same Card to redeem. Limit 1 statement credit per American Express® online account. Statement credit will appear on your billing statement within 90 days after 9/30/2016, provided that American Express receives information from the merchant about your qualifying purchase. Statement credit may be reversed if qualifying purchase is returned/cancelled. If American Express does not receive information that identifies your transaction as qualifying for the offer, you will not receive the statement credit. For example, your transaction will not qualify if it is not made directly with the merchant. In addition, in most cases, you will not receive the statement credit if your transaction is made with an electronic wallet or through a third party. By adding an offer to a Card, you agree that American Express may send you communications about the offer. Sam’s Club is not a sponsor of this promotion. POID: CC1C:0001
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