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Costco and Sam's club (wholesalers / cash n carry) offer membership benefits but I think that's more related to getting air miles on your credit card. I'm conf

by cglace 13y ago

Costco and Sam's club (wholesalers / cash n carry) offer membership benefits but I think that's more related to getting air miles on your credit card. I'm confused. What on earth does being a member of Costco have to do with credit card air miles?

antoko 13y ago
Apologies, bad choice of word on my part. I should have said "akin" rather than "related". The point I was trying to make is that whilst those companies offer a membership incentive structure its not a true co-op and you don't have an ownership stake in the company. You just receive some member benefits like cash back and discount coupons - similar to your credit card company giving you air miles.