TrueEarnings from Costco and American Express

TrueEarnings® Card from Costco and American Express 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

The TrueEarnings® Card from Costco and American Express is designed for Costco members who have average credit and plan to take advantage of the cash back reward program.

The cash rebate amount varies according to where the cardholder makes the purchase; 1% is earned on general purchases, 2% is earned for travel-related purchases, and 3% is earned for restaurant and on gasoline purchases up to $3000 (1% thereafter). There is no limit to the amount of cash rebates that can be earned.

In addition to the cash rebates, the card does provide several benefits and services that are commonly found with American Express® credit cards, such as purchase protection, auto rental insurance, and travel accident insurance. There is also no annual fee for this card with a paid Costco membership.

Therefore, those who plan to spend at least $5,000 a year on the card and plan to pay in full each month after the introductory rate expires (to avoid finance charges) will benefit most from what the TrueEarnings® Card from Costco and American Express has to offer.

Most Attractive Feature(s): Cash back rebate program ; no annual fee.
Least Attractive Feature(s): Available to Costco members only.
Additional Perks:

• Card can be used as a Costco membership card.
• Various travel and emergency assistance services.
• Auto rental insurance.
• Various Internet account related services.
• No liability for unauthorized Internet transactions.
• Access to various discounts at participating retailers and merchants.
• Extended warranty for purchases.
• Purchase protection.
• Emergency card replacement.
• Up to $100,000 in travel accident insurance.
• See website for additional benefits.

Important Notations
To apply for the card, the applicant must have a valid Costco membership.

This card is not available to Puerto Rico residents.

See website for complete terms and conditions of card usage and application disclosure.

Note: The review on this card was updated on 3/14/2010. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.