TrueEarnings® Card from Costco and American Express

67 Reviews | Write a Review

Share:

Offered by: American Express Card


Purchase Intro Rate 0%
Purchase Intro Period 6 Months
Balance Transfer Intro Rate N/A
Balance Transfer Intro Period N/A
Regular APR 15.24% Variable
Balance Transfer Rate 15.24% Variable
Cash Advance Rate 25.24%
Annual Fee $0
Late Fee Up to $35
Cash Advance Fee 3%, Min: $5
Balance Transfer Fee 3%, Min: $5

TrueEarnings® Card from Costco and American Express features:

  • American Express® Card and Costco Membership Card in one — with no annual fee for Costco members
  • 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
  • Rated 4.5 out of 5 stars in overall satisfaction by current TrueEarnings® Cardmembers from Costco and American Express

Additional Details: Click here for Additional Details (Will launch in a new browser window)

See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Take Offer" button, you can review the credit card terms and conditions on the provider's website.

These savings are calculated using national averages. Log in to see your own savings!

How We Calculated Your Savings

Credit Karma uses details about your credit card usage and data we have on current credit card offers to calculate how you might save money. These calculations are for illustration purposes only.

 

Year 1

Year 2

Year 3

Balance Transfer Cost info Fees charged by the credit card company to transfer balances. Usually charged as a percent of the balance transfer amount.

-$527

$0

$0

Interest Savings on Transferred Balance info Difference between the interest charged on your existing credit card(s) and the interest charged on this card with the same balance.

$0

$0

$0

Interest Savings on New Purchases info Difference between the interest charged for new purchases on your existing credit card(s) and the interest charged on this card.

$2,158

$3,103

$4,371

Value of Rewards on New Purchases info Difference between the rewards (normalized to dollar amounts) from the purchases on your existing credit card(s) and this card.

$552

$552

$552

Value of Bonus Points info Bonuses provided by the card for either application or usage. Bonus in the form of either miles or points are converted to dollar amounts.

$25

$0

$0

Annual & Application Fees info Sum of the fixed fees associated with the card. The fees are charged regardless of card usage.

$0

$0

$0
 
Savings:
Total Annual Savings

$2,208

$3,654

$4,922
Total Savings over 3 Years

$10,785

Calculations are estimated based on your credit card usage combined with offer data and are for illustration purposes only.

1. No Annual Fee with Paid Costco Membership

Reviews

Most Recent Reviews

Fine card but you only get rewards once a year. Also, it's the only Amex card that doesn't allow you to change to other Amex's, so if you move away or stop shopping at CostCo, you have to close the card or keep paying the fee.

jstillwa 1 week ago

I applied in person at Costco and got instantly approved for $4000. I'm 25 years old with a CK score of 738. The card is in the mail and I'm pretty excited about the cash back rewards. I only have one other credit card and it doesn't have any rewards.

iNeedCreditNow 1 week ago

Approved with a CK score of 642 & Experian score of 702 with a available balance of $4000. I applied in store and received instant approval. I can tell you that I applied in the past and was not approved, so I think the Experian plays in as a major factor. 3% back on gas, 1% on everything else is good in my book. Mainly, I wanted to increase my credit/debt ratio to help improve my score. Hopefully this holds more weight than the credit inquiry and new credit i've obtained from this card. So far so good though.  

zackstark 2 months ago

The AMEX site states nothing about the $25.00 credit on the first statment, not even when the direct link is used from Credit Karma's site.  I used the on-line chat to inquire and was told that AMEX does NOT have such an offer at this time.  I looked through all the details listed on the AMEX site and read the small print- the only site that states such an offer is Credit Karma, so I am not expecting the credit.  Due to AMEX not acknowledging Credit Karma's "bonus", I will sign-up at the nearest Costco where they offer a free chicken, pack of water and other items.  I prefer $25 but will go for the sure thing.  Too bad!

LinetteF 3 months ago

+1

Applied online on a Tuesday, and ran a status check on AMEX's website every day following. Each day it said my information was not found. Finally, the following Wednesday it said that I had been approved and that I should receive my card in 7-10 days. I checked the limit and it was $1,200. I'm an Executive Member at Costco and have an Experian Score of 725.

Anonymous 4 months ago

See all 67 Reviews of TrueEarnings® Card from Costco and American Express

Write a review of TrueEarnings® Card from Costco and American Express

Credit Score Approval Data

Ideal for those with Good Credit:

720

AVERAGE Credit Score Approved for this Card

675

LOWEST Credit Score Approved for this Card

† Credit Karma members have received approvals with these Credit Karma credit scores. Please note that because other factors such as income and employment status can affect credit card approval, these are only guidelines and approval is not guaranteed.

Welcome to Credit Karma! Like our service? Share the karma and recommend us on Facebook.