Shopping Discussion

Costco Executive Member Cash Back Question

  • Last Updated:
  • Feb 27th, 2019 10:02 am
[OP]
Newbie
User avatar
Dec 23, 2015
92 posts
73 upvotes

Costco Executive Member Cash Back Question

Apologies if this has been asked before.

For those Costco executive member who also have Capital One Costco Mastercard, how do you get your executive 2% cash back in January?

I checked my Capital One rewards summary and noticed the cashback statement only includes the cashback I accumulated on the credit card itself(only 1% on Costco purchases), will there be another cashback cheque for 2% Costco executive purchases?
15 replies
Deal Addict
Nov 12, 2006
1700 posts
279 upvotes
There are 2 cheques.
1 cheque from capital one for the cash rebates.
1 cheque from Costco for the 2% executive.
Banned
Jan 12, 2015
4107 posts
27308 upvotes
I believe the Costco cheque comes around the time your membership is up for yearly renewal.
Deal Fanatic
Feb 7, 2017
9951 posts
7236 upvotes
Eastern Ontario
BK2006 wrote:
Jan 26th, 2018 2:03 pm
I believe the Costco cheque comes around the time your membership is up for yearly renewal.
This

Costco Cash Back comes in your Renewal Notice, which is automatically generated in the 90 to 60 Day window before Membership Expiry.

https://www.costco.ca/executive-rewards.html
[OP]
Newbie
User avatar
Dec 23, 2015
92 posts
73 upvotes
Thanks everyone! Hope you all happy with the cash back cheque.
Deal Fanatic
Aug 29, 2006
7620 posts
1506 upvotes
Very happy, just got a nice one for last year and again from c1 this month.
The Devil made me buy it - RFD. :twisted:
Jr. Member
Jul 2, 2018
151 posts
98 upvotes
1-year bump

Anyone in the GTA seen the C1 rebate cheque yet? I got a message a week ago that they were on the way, and my balance has changed to $0.00, but still nothing in the mail as of today (Thursday 10th)...
Deal Addict
Mar 14, 2006
1097 posts
519 upvotes
Toronto
I just received the cheque this week.
Banned
Jan 12, 2015
4107 posts
27308 upvotes
Progatron wrote:
Jan 10th, 2019 7:32 pm
1-year bump

Anyone in the GTA seen the C1 rebate cheque yet? I got a message a week ago that they were on the way, and my balance has changed to $0.00, but still nothing in the mail as of today (Thursday 10th)...
I always received my Capitol One Rewards cheque with my cc statement. So if you receive your cc via mail, expect it then.
Jr. Member
Sep 15, 2014
116 posts
45 upvotes
Toronto, ON
wait for your january statement . once its generated it will come in mail
can it be deposited to bank account?
Deal Addict
Apr 10, 2009
1610 posts
684 upvotes
Hamilton
testrav wrote:
Jan 11th, 2019 9:08 pm
wait for your january statement . once its generated it will come in mail
can it be deposited to bank account?
Costco will give you cash for it, just ask them. I do it every year.
Deal Expert
Aug 22, 2006
24032 posts
9547 upvotes
CaptainCrash wrote:
Jan 12th, 2019 10:18 am
Costco will give you cash for it, just ask them. I do it every year.
While I think cashiers can redeem it, if it's sizable go to Customer Service.
I had to wait 15 minutes for them to go to the safe to get my money since everyone is redeeming them right now.
Deal Addict
User avatar
Apr 28, 2010
1222 posts
203 upvotes
Toronto
testrav wrote:
Jan 11th, 2019 9:08 pm
wait for your january statement . once its generated it will come in mail
can it be deposited to bank account?
Curious if you deposited it into your bank account or in-store? I was told last year you can deposit it, but it doesn't exactly look like a cheque, and no endorsement area either.
I've gone to the store twice, and keep forgetting to take this thing with me, rather just deposit it into my bank account.
"signature removed for rule violations" Hell ya, that's what we do! 😝
Deal Expert
Aug 22, 2006
24032 posts
9547 upvotes
It's not a check. It's a glorified gift certificate.
You have to redeem in store.

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