COST
Costco Wholesale Corp
stock NASDAQ

Sakit sa ulo kumuha ng foreclosed properties. AVOID AT ALL COST

Get ready for the Kirkland signature comeback: $COST

What was the thinking behind rolling your COST down from 840/835 to 820/815? A month seems like a long time, especially with some potentially good things happening in Jan (sales data next week, tariff ruling end of Jan)

> I still think x% rewards via credit cards would outweigh this argument for most people.
Again your bias is showing :)
We don't really have them, especially because BY LARGE here we use Debit Cards, not Credit Cards.
They never took off because the high base-cose for buyers: people had no reason whatsoever to pay a (perceived)substantial fee for *POTENTIALLY* get it back *IF* you spend enough.
Do note being in debt(and using a credit card is getting yourself in debt) is vastly seen as a Not-Good thing.
Generally speaking, credit cards in Europe always been a thing for rich people and larger businesses.
Even *DEBIT* cards weren't really a thing until Internet made paying with them a necessity. And even *then* it was Pre-paid Debit Card first because people were(rightfully) wary of scams(the Italian Post Office made *mad money* by offering their own, unlinked to any bank account)
By the time Credit Cards Cashbacks could have been a thing in EU, the sector was already regulated tightly to keep banks and merchants from being assholes so there is now *no margin* for them to offer all the cashback services they offer in US... and nobody cares because cards are perceived as a abstraction tool for paying with your money so less costs are involved better is for everybody.
Therefore as long as the Consumer has no *hassle* in using D€ instead of another circuit, there is no reson for them to not use it.
Actually, there is another reason, possibly the biggest, from the consumer side: ZERO COST WITHDRAWAL from *any* ATM in the whole Eurozone.
Because withdrawing from ATMs not from your bank can have a variable cost *ESPECIALLY* outside your country(as you'll be forced to use the visa\mastercard circuit).
Sure, it's usually a relatively small cost when it's applied(at least inside the same country) but not having to worry about it anymore at the one-time "cost" of setting up the D€ account? YOU BETCHA tons of people will do it.

1. GOOG
2. AMZN
3. META
4. VICI
5. ADBE
6. CRM
7. VISA
8. SOFI
9. AVGO
10. COST