Are you a Costco member looking for a credit that will be accepted at their locations AND has great benefits as well (or maybe looking to join Costco)? The TrueEarnings® credit card from Costco and American Expressoffers the personal attention and customer service you’d expect from an American Express credit card along with additional Costco membership benefits. TrueEarnings is a rewards credit card that offers varying levels of cash back depending on what you buy with your card, both in and out of Costco, while also giving you access to an exclusive membership warehouse shopping experience with low prices on brand name merchandise.
TrueEarnings Credit Card at a Glance:
- TrueEarnings Credit Card from Costco and American Express is one of the only credit card accepted in Costco stores. They only accept American Express cards. (All credit cards are accepted through Costco.com, however).
- American Express® Card and Costco Membership Card in one — with no annual fee for Costco members
- 0% intro APR for 6 months
- Cash back on the things you buy: 3% for the first $3,000 in annual gasoline purchases (1% thereafter), 2% for restaurants, 2% for travel, and 1% everywhere else, including Costco
- Car rental loss and damage insurance coverage when you rent a car at no additional cost
- Global Assist Hotline for traveling gives you 24/7 access to medical, financial, legal or emergency assistance when you are more than 100 miles from home
- Travel accident insurance up to $100,000 provided whenever you pay for travel expenses with your TrueEarnings card
- Exclusive access to selected Ticketmaster events
- Extended warranty coverage provided on purchases up to one additional year on products with warranties under 5 years.
- Rated 4.5 out of 5 stars in overall satisfaction by current TrueEarnings® Cardmembers from Costco and American Express
Additional Credit Card Benefits
All TrueEarnings credit cardholders can take advantage of extra benefits including a variety of online tools to manage your account, rewards, and Costco benefits in one place. You can view your recent transactions, make payments or schedule future payments, set up payment reminders and keep track of cash back earned from any computer or mobile phone with an internet connection.
Your card also features the GivingExpress(sm) program from American Express. You can donate money to your favorite charity and keep track of the donations online to help you at tax time.
You can order an additional credit card to share your membership benefits and earn rewards faster with another person of your choice.
How to Redeem Your Rewards
As you make purchases using your TrueEarnings credit card, you’ll being earning rewards. Each year, you receive a cash rebate coupon which can be redeemed in any United States Costco warehouse store for merchandise or cash.
Note: there is no limit on the amount of cash back you can earn. The more you use the card the more you can earn.
Wholesale Club Shopping
We shop at the wholesale club all the time. It’s a great way for us to save on items like diapers and wipes and such. Having a card that also gives back a cash reward that we could use towards these purchases is nice synergy! And fact that you don’t have to carry your club card (your TrueEarnings credit cards acts as your club card) in convenient.
Not only are you getting THE credit card to use at Costco, you are also getting a card with great benefits, a generous cash back program, and it’s backed by American Express’ exceptional customer service. So if you are looking for a credit card you can use at Costco that also has some great benefits then definitely look into the TrueEarnings card from American Express and Costco!
Click here to sign up for TrueEarnings or see more details.
Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.
{ 10 comments… read them below or add one }
This is a great example of a niche credit card that does a great job of marketing, especially since Costco doesn’t let you use other credit cards at their stores.
Do you know why Costco only accepts American Express? I wonder if they have some special deal only with them. Because I only carry Discover and Chase Visa, I sometimes do not enjoy shopping there.
I couldn’t say for sure why Amex is their only card but I wouldn’t be surprised if they had a deal. One way card companies make money is through transaction fees and those fees are paid by the store, so I can imagine Costco working out a deal to reduce costs.
Thank you for the excellent timing of this post! I’ve been thinking about joining Costco for months. I just need to do it. The $25 off the membership fee is a huge incentive.
It is a pretty cool incentive. And with the cash back you could make the membership fee virtually disappear.
Costco only accepts American Express because they are the only company that doesn’t charge a percentage fee.
How do you mean? American Express charges processing fees just like the other credit providers.
Americanexpress/costco is giving me a big headache. When Costco changed Amex and costco into a sigle card,the Amex account was closed and I got a new account. This was on April or May 2009. Last year 211 I got
several nice threatening notices from Amex over the importance to pay on time or will be reported to the credit agencies, this on a closed account that was all paid and close one and a half years back. Now I am trying to contact amex about their error?. But nobody answers my emails. Asked help from Costo, but they got the same result,NOTHING.
Hi Juan, have you tried calling Amex up? In my experience they have always had excellent customer service. I can’t imagine they can’t help you sort things out.
Greetins,Mr.Craig.
You said that you can’t imagine why they can’t help me to short things out.
I will suggest you to read my email again. I am being nicerly threated about
an account that was closed, I probably have contacted about 30 places of American Express (got only answer from two of them, but not help at all.
Before I continue I have to let you know, that I am obligued to contac Amex via e-mail, because a hearing loss.
ontinuation: I requested help from my Costco neigborhood, they lost past an hour with the telephone and computer, to get nothing at all. From that I received a form requesting a change of name,that was not asked for. recently I sent a letter to American Express. P.O.Box 650448,Dallas,Texas 75265-04r48. That I suppose will go to the paper basquet, after that I tryed to contact Mss. Anne Marie Taglienty,Director of Corporate Affairs and Communications (Fort Lauderdale), my email was busted after 31
seconds. Next and last I have sent an email to Miss Rosa Alfonso,Vice President of Public Affairs and Communications.
So, I am sorry to say that I don’t know about your experience, unfortunately I know a lot about mine, with that I believe that the hell will got frozem before I get some help.
Hope this is enough explanation for you.
To finish, I have never ever have a problem with Amex. I loved my card ,was my preferred. Is Am,ex fro Fort Lauderdale who started all of this. Thank you for your attention.
JJ Gonzalez