» Costco Credit Card Review
Costco True Earnings Card Review
Costco is a US based, low-price wholesale retailer who specialize in providing consumers with discounts thanks to bulk purchasing. They are one of the largest membership retailers in the world with outlets all in many different countries such as the UK and Australia, and they are also the largest retailer of wine in the world. This article provides information on the Costco credit card with details on rewards and card terms, with information on how to pay outstanding credit balances at the bottom.
The TrueEarnings Costco Credit Card
The TrueEarnings Costco Credit Card is a credit card from Costco and American Express. It is a very popular card, receiving a very high satisfaction rating, which gives you great cashback rewards for purchases made at Costco and many other places. This card acts as both an American Express credit card and a Costco membership card, giving you all the benefits of Costco membership while giving you the spending power of Amex. Here are the cashback rewards:
- 3% cashback for gasoline spending
- 2% cashback for restaurant spending
- 2% cashback on all travel spending
- 1% cashback everywhere else (Costco included)
You get extremely good travel protection with this card, with 24/7 access to emergency assistance all over the world. Car rental loss and damage insurance is included at no extra cost, and the Global assist hotline means you’re never alone when you need help. Get exclusive tickets through the Amex Ticket Savings Center for things like concerts and sporting events. Amex also gives you access to a wealth of savings and exclusives with many high-end retailers.
This card has a 0% introductory APR for 6 months. Normal APR is 15.24% for purchases and balance transfers. APR for cash advances is 25.24%. These rates of interest may vary depending on the Prime Rate. If you pay off the outstanding balance in full before the 25 day cut-off after the last billing cycle, then you pay no interest for the amount you spend in the next month. Penalty fees for late payments or returned payments are up to $35. No over-limit fee. Full terms and conditions for this card can be found on their website.