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True Earnings Card from Costco and American Express credit card reviews


True Earnings Card from Costco and American Express credit card details and credit card application link.

The TrueEarnings(TM) Card from Costco and American Express allows its holders to gain returns of 1.5 percent on all sums exceeding $5,000. With a maximum annual return amount of $500, this is indeed a generous offer. Clients earn a return of 0.25 percent on the first $2,000 they spend and 0.50 percent on the next $3,000. If you maintain a balance, there is a bonus rebate of 0.5 percent on all applicable new purchases.

This offer of AmEx includes free supplementary cards for all sorts of extras and conveniences. They include the Buyer's Assurance Protection Plan, Purchase Protection Plan and Front of the Line, all of which are trademarks of American Express. The Assurance Protection Plan involves doubling the original warranty of the manufacturer for a maximum period of one year when you charge your purchases to the Platinum Cash Rebate Card. The Purchase Protection Plan allows you to insure all coverable purchases against damages and theft automatically. Finally, Front of the Line grants access to the best seats at entertainment events throughout Canada, usually before they have been made available for sale to the public.

The AmEx Platinum Cash Rebate Card is offered with a travel accident insurance coverage in the impressive amount of $100,000. If you misplace your card or it is stolen, it will be replaced at once. Special safety measures guarantee that no one will be able to rack up expenses on it. Customer service is available 24 hours per day, seven days a week.

Some drawbacks are that the card does not cover travel medical insurance, trip cancellation insurance, rental collision, baggage insurance, or flight delays. It does allow for extended warranty but not price protection. It enables its holder to make priority restaurant reservations but does not work at PayPass terminals. A great advantage is the absence of an annual fee. The interest rate on purchases and cash advances is 19.99 percent, but it may rise to 21.99 percent or 25.99 percent in view of the individual’s payment record. Costco is an international franchise of warehouses that offer brand items at a low price.

The TrueEarnings(TM) Card from Costco and American Express is a joint product of Costco and AmEx and naturally, holders will receive rebates on everyday purchases at Costco. Not only that – they are eligible for returns of up to 1 percent on all purchases, everywhere. In some cases, restaurant purchases allow returns of 3 percent, and certain gas purchases guarantee rebates of 2 percent. Rebates are calculated on the basis of eligible purchases at participating venues and are redeemable at Costco stores in Canada within six months of the issue date. There are some limitations on applicable restaurant and gas purchases.

If you want to compare the features and advantages that come with the card, you can have a look at the TD Rebate Rewards Visa Card. This financial product goes with an annual rate of 21.5 percent on cash advances and 19.99 percent on purchases. Card holders earn 1 percent cash back on purchases over $3000 a year, and no annual fee applies. Budget rent a car preferred rates apply on the territory of Canada, the United States, and various international destinations. Optional services are the Balance Protection Insurance, Travel Medical Insurance, and Deluxe or Standard TD Auto Club.


Credit Card Details
NameTrue Earnings Card from Costco and American Express Apply Now
TypeAMEX
Interest Rate19.99%
Annual Fee$0
RewardsYes
Cash BackYes
AirlineNo
StudentNo
SecureNo
PrepaidNo
StoreYes
BusinessNo
Low InterestNo
Auto and GasNo
Instant ApprovalNo
Balance TransferNo
US DollarNo
No Annual FeeYes