So assuming I’m just going to buy food, on occasion at Costco, and don’t need to worry about the return policy, the strategy will be for me to purchase a handful of $10 to $25 giftcards to use and there’s no downside? No need to get a temporary card or do anything special?
And I suppose I have two possibilities. One is to buy a $500 GC and use that one card over the course of the next year. I generally spend $50 to $100 on food everytime I go.
Or I could buy several small cards and then pay for anything excess out of pocket. My only concern with this strategy is that they might limit me to using cash or debit cards for the excess money. I don’t know where I’ve heard this, but if you’re not a member, they might not let you use a credit card for the excess transaction price above the GC. If that’s true, I’d rather have a $500 GC up front because then I can get CC rewards for the full purchase of it, rather than having to use a zero reward debit card at checkout for the balance.