Costco True Earnings Card by American Express Review: Save While You Shop

Are you a savvy shopper who buys in bulk and looks for special savings with great wholesalers like Costco? Costco has partnered with American Express in a unique relationship that benefits shoppers and credit card users in a variety of ways. The Costco True Earnings Card by American Express arrives with cash back rewards and great card services, as well as a few key restrictions that consumers should know.

TrueEarnings(R) Card from Costco and American Express
	Earn cash back on gas and a $25 statement credit with your first purchase made with the Card. Earn cash back virtually everywhere you go - 3% for annual gasoline purchases of up to $3,000 (1% thereafter), 3% for restaurants, 2% for travel, 1% everywhere else, including Costco No Annual Fee with your paid Costco Membership The TrueEarnings Card serves as both your American Express Credit Card and your Costco Membership Card No Limit on the Cash Back earned
Intro APR Intro APR Period Regular APR Annual Fee Balance Transfer Credit Needed N/A N/A 15.24% No Annual Fee with your paid Costco Membership No N/A

Cash Back Rewards at More than Costco

Every purchase that a cardholder makes at Costco qualifies for a 1% cash back reward. This means that for every dollar spent on great wholesale deals at Costco, cardholders are essentially putting money back into their pockets. Cash back rewards directly from Costco are available for qualifying purchases made with the Costco True Earnings Card by American Express.

However, the cash back rewards from the Costco True Earnings Card by American Express aren’t just limited to purchases made at Costco stores. Cardholders also receive an extra 2% cash back rewards for purchases made on travel. This includes car rentals, airfare and hotels. The Costco True Earnings Card by American Express also features additional car rental loss and damage insurance. There is no additional charge for the car rental loss and damage insurance; using the Costco True Earnings Card by American Express to rent a car automatically qualifies cardholders for coverage.

As a complementary cash back reward to the travel bonuses, the Costco True Earnings Card by American Express also rewards cardholders with 3% cash back on gasoline purchases. Unfortunately, this reward rate is restricted to 1% after a cardholder purchases more than $3,000 in gasoline annually. Finally, in addition to cash back rewards for purchases at Costco, gasoline and travel-related expenses, the Costco True Earnings Card by American Express extends an additional 3% cash back reward for all purchases in restaurants.

The cash back rewards from the Costco True Earnings Card by American Express can really start to add up over time. Cardholders who make purchases regularly will see their balance grow exponentially. Fortunately, there are absolutely no limits on the amount of cash back rewards a cardholder can earn with the Costco True Earnings Card by American Express.

Extensive Card Services

The Costco True Earnings Card by American Express comes complete with a full line of card services to help manage accounts online. With the click of a button, cardholders can transfer balances, view statements, check cash back reward balances, and make payments. The Costco True Earnings Card by American Express is also easy to set up as a form of payment for automated bills from wireless phone providers, utility companies, and other reoccurring expenses. All of these services are available 24 hours a day and 7 days a week. At the end of each year, the Costco True Earnings Card by American Express comes with a year-end summary of all spending. It is broken down by month and clearly displays spending on major categories such as travel, entertainment, dining, and several others. This is a valuable tool that can make filing income taxes a fast and easy process.

In addition to easy online account management services and no annual fees, the Costco True Earnings Card by American Express has several unique card services. For example, items purchased with this card are eligible for purchase protection. This means in the event of theft and accidental damage, all good are protected for up to 90 days. Purchase protection requires the filing of a claim, but with the Costco True Earnings Card by American Express, the items you purchase are eligible for added security, which leaves cardholders with peace of mind. As a final added bonus, the Costco True Earnings Card by American Express has no annual fee when a cardholder purchases an annual Costco membership.

Terms, Conditions and Restrictions

Realizing that it takes time and a significant investment to make the cash back reward system for the Costco True Earnings Card by American Express a lucrative experience, this card is best used as a sole line of credit to maximize savings, rewards and special offers. There are a variety of terms, conditions and restrictions associated with the Costco True Earnings Card by American Express. Many of these relate to the cash back reward program and limit what products, services or events qualify for bonus rewards. It is important that all cardholders read the fine print and gain a full understanding of all associated restrictions with the Costco True Earnings Card by American Express.

TrueEarnings(R) Card from Costco and American Express
	Earn cash back on gas and a $25 statement credit with your first purchase made with the Card. Earn cash back virtually everywhere you go - 3% for annual gasoline purchases of up to $3,000 (1% thereafter), 3% for restaurants, 2% for travel, 1% everywhere else, including Costco No Annual Fee with your paid Costco Membership The TrueEarnings Card serves as both your American Express Credit Card and your Costco Membership Card No Limit on the Cash Back earned
Intro APR Intro APR Period Regular APR Annual Fee Balance Transfer Credit Needed N/A N/A 15.24% No Annual Fee with your paid Costco Membership No N/A