The American Express Costco TrueEarnings Card review
This card is no longer available, but you can use this page to compare alternatives.
For frequent shoppers at Costco, this handy card combined membership and benefits. As of May 2019, it card has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to browse the range of credit cards currently available from American Express and to compare similar cards from other issuers.
0% interest on purchases
Up to 56 days
Interest-free each billing period
|Purchases||0% for 6 months reverting to 22.9%|
|Purchases interest-free period||Up to 56 days|
|Min credit limit||£700|
|Max credit limit||Not specified|
|Incentive||Earn 3% cashback on virtually all restaurant dining, 2% on nearly all travel bookings, and 1% virtually everywhere else. Cashback paid as a yearly Costo voucher.|
|Residency||UK resident and has a UK bank or building society account.|
|Availability||Available to new customers|
|Foreign usage charge (EU)||2.99%|
|Foreign usage charge (rest of world)||2.99%|
|Cash advance fee||3% (min. £3)|
|Late payment fee||£12|
|Exceeding limit fee||£12|
|Additional card fee||£0|
|Replacement card fee||£0|
Compare other Amex credit cards
The The American Express Costco TrueEarnings Card is essentially a clever way to get Costco membership without the fee, along with a range of cashback rewards.
The benefits aren’t just limited to Costco, with a zero introductory interest rate on purchases and a decent cashback reward on all restaurant bills and travel.
With no annual fee and an average APR rate, this card could prove worthwhile for regular Costco shoppers.
Comparison of rewards credit cards
How to apply
If you want to get up and running with this rewarding Amex card before your next trip to Costco, simply visit the Amex site to complete the secure application form, which takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.