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Stock impact report

Costco quietly raises perk for some customers [Yahoo! Finance]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: Yahoo! Finance
Costco customers could be missing out on a new rewards program that offers several cash back perks. The rewards program was recently launched only for Costco members who have applied and obtained a Costco Anywhere Visa Card by Citi. According to Citi , the perks for the credit card include: 5% cash back on gas at Costco stations and 4% cash back on eligible gas & EV charging at other stations. Both the 5% and 4% earns go into a combined $7,000 yearly cap resulting in 1% cash back after the cap is reached. 3% cash back on dining and eligible travel 2% cash back on Costco and Costco.com purchases 1% cash back on all other purchases. Card holders can expect to receive cash back as an annual credit card reward certificate in February billing statements. This reward certificate can be redeemed for cash or merchandise at U.S. Costco warehouses. Costco CFO Gary Millerchip spoke about the importance of providing members valuable perks during the company's Q1 earnings call i Show less Read more
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