Credit Card Review: True Earnings® Card from Costco and American Express

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Estimate Reward Earnings

Want to get more cash back rewards? With the True Earnings® Card from Costco and American Express, your cash back dream will come true! Once you have an excellent payment history, do not miss your chance to get unparalleled rewards!

First off, this plastic serves as both your AmEx card and your Costco Membership card. It gives you an excellent chance to double the privileges while using this cash back card. And by the way, this plastic money offer comes with really attractive features.

If your goal is a fee-free cash back card, this card is a perfect match for you. The designers of this card managed to derive a perfect formula for all cash-back lovers: no annual fee plus good interest rates equals to more cash back rewards for you!

Being an excellent cardholder, you may expect the card with extremely low promotional rates. The True Earnings® Card from Costco and American Express is that very plastic that gives you zero percent introductory rates on purchases for the first three months, not to mention low promotional rates on balance transfers for the first six months.

This card gives you a host of additional benefits and services that will help you make the most of your card. Feel free to access your credit account online whenever you need it, this service is available 24 hours a day, 7 days a week. With the Online Year-End Summary, it's so easy to organize your expenses!

The True Earnings® Card from Costco and American Express is the right choice for those who like traveling. Your card is lost or stolen? Receive a new one in as little as 24 hours. Whenever you travel with this credit card, you may feel safe and sound with the Global Assist Hotline 24/7, and more!

(Review Updated: April 15, 2008)

Estimate Reward Earnings

0% Intro APR on Purchases for 3 Months
15.99% Regular Variable APR for Purchases
20.99% Regular Variable APR for Cash Advances

20 days Grace Period

(* 1.99% APR on Balance transfers for 6 months)

Finance Configuration: Average daily balance (including new purchases)

Additional Cardholders: n/a

Late Payment Fee: $15 on balances less than $400 and $35 on balances $400 or greater

Over-The-Limit Fee: $29, subject to applicable law

Cash Advance Fee: 3% of each transaction, with $5.00 minimum and no maximum

Balance Transfer Fee: No fee for balance transfers made within the first 40 days of Cardmembership. However, future balance transfers may incur a fee as disclosed at the time of the applicable offer or transaction

Type of Reward: Rebate

Rebate Minimum: 1%

Rebate Maximum: 3%

Additional Rebates: Earn 3% Cash Back for restaurants

Rebate Details: No minimum on how much you have to spend.
No limit on what you can earn with the TrueEarnings Card.
Cash back earnings accumulates over the course of the year and the total is issued to you in your February billing statement.

Additional Features for True Earnings® Card from Costco and American Express:

Fraud Protection Guarantee.
Buyer's Assurance Plan.
Purchase Protection Plan.
Save with American Express SelectsSM.
American Express Online Travel.
Emergency Check-In.
Assured Reservations.
Travel Accident Insurance.

Important Notes for True Earnings® Card from Costco and American Express:

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

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Notes: The review on True Earnings® Card from Costco and American Express was updated on April 15, 2008. 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.