TrueEarnings® 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 Gasoline, 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
  • Apply online now
Intro APR Regular APR Credit Needed Annual Fee
0% APR for 3 Months 13.99% Any $0

TrueEarnings® Card from Costco and American Express Review

Card Rating: StarStarStarHalf StarEmpty Star

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 gasoline purchases. 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.

The card has an above average interest rate for purchases and balance transfers (for a reward card). There is no annual fee with a paid Costco membership. Cardholders can also take advantage of the 0% introductory offer on purchases for three months and the very low balance transfer offer for six months on balance transfers made within the first 30 days of 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.

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