Which person living in the United States does not love Costco? Costco is the favorite shopping choice for thrifty people throughout US. The wholesale store offers low prices on bulk products and services and sells everything right from electronics to pet supplies; Costco is as American as is hot dog. In fact, they are so American that the sole credit card accepted by them is American Express, which makes it only natural for them to team up with American Express to offer their own credit card. The American Express Costco True Earnings Business Card is a card that has traversed its path into the wallets and purses of Costco regulars Americans across the country. Costco regulars need to look no further than this credit card by American Express.
Features of the American Express Costco True Earnings Business Card
American Express Costco True Earnings Business Card is a 2-in-1 card effectively – a Costco membership card and an American Express card, making it one less card in your wallet. The card offers cardholders to redeem a percentage of the entirety that they spend at Costco and everywhere else. Unlike other cards, it offers cardholders multiple ways to earn bonus rewards and get cash back. The American Express Costco True Earnings Business Card is a truly versatile cash back credit card that lets cardholders earn up to a generous percentage of what they spend on certain designated purchases. It is a credit card designed for all those Costco members who have a good credit score and want to take advantage of the card’s competitive cash back program. There are some really good cash back rewards promises with this American Express True Earnings Business Card. It lets cardholders earn generous 3% cash back on gasoline at any of the US standalone gas stations up to the annual limit of $4,000. Beyond the limit, users get to earn 1% cash back.
The American Express Costco True Earnings Business Card also offers users 2% cash back on eligible travel purchases and US restaurants such as when you purchase lodging, cruise tickets, car rentals and airline tickets through eligible travel agents. Also, cardholders also get 1% cash back per dollar of any purchases they make at Costco or anywhere else. What’s more, there is no upper limit on the cash back reward program of American Express Costco True Earnings Business Card. Apart from the cap on gasoline prices there is no capping on any of the other purchases, which is pretty neat indeed. The card users can redeem their cash back that they have earned on their cards at Costco in yearly certificates and coupons which they can exchange for cash or merchandise at Costco. This gives them a chance to reduce their Costco bills. The coupons are issued in the cardholders’ February billing statements and expire on the 31st of August every year of issuance.
The American Express Costco True Earnings Business Card also has a noteworthy introductory financing offer, offering 6 months of interest free financing on purchases. An additional incentive of the card is that all the purchases done by cardholders for the first 6 months of card membership are covered under 0% APR. Beyond the first 6 months, the standard APR rate of 15.24% will be applicable to cardholders. This feature is perfectly suited for people who can utilize this without accruing more interest than they can pay back, and is also excellent for any big purchases or holiday shopping that can be paid off in 6 months.American Express True Earnings Business Carddoes not have an annual membership fee either, but only Costco members are eligible for this card (which itself has an annual membership). However, cardholders can add further card members to their account free of charge, giving members the chance to earn more cash backs than ever.
Apart from its generous cash back and rewards program, the American Express Costco True Earnings Business Card provides other innumerable benefits to its members. Cardholders obtain exclusive access to tickets before they go on sale to the public, as well as discounts to all the latest family shows, sporting events, concerts and all latest entertainment events. The purchase protection plan covers and protects cardholders against any theft or accidental damages of certain eligible purchases. American Express refunds such people up to $1,000 per occurrence, limiting the offer upto $50,000 per card account annually. The free extended warranty policy ensures cardholders that American Express will extend original US warranties by one year on all items with 5 years or less warranties left. American Express Costco True Earnings Business Card also covers individuals on damages to or theft of their car rentals to the credit card. Even travel accident insurance up to $100,000 on accidental dismemberment and death is covered if travel expenses are paid for by this card. The card also carries the zero fraud liability, protecting cardholders from making any payments if any unauthorized transactions have been made through the card. Moreover, American Express does a great job of providing a comprehensive report of the cardholder’s annual expenses online, wherein it breaks down expenditure in each category and even shows the year-end summary. These reports can be effectively used to calculate reward points earned and how to gain better from the cash backs and points the next year.
Apart from some off quirks and restrictive limits, this card is still a competitive standout in a market flooded with credit cards. American Express Costco True Earnings Business Card works best for foodies, drivers and Costco customers. This card comes in great use of if you are a person who likes eating out, someone who does not carry the balance to the next month but pays each month itself, or if someone is a Costco member. Even if one is not a member, you might want to consider becoming one not only to save money and reduce grocery bills but also to gain maximum benefits off of its liberal cash back program.
Additionally, you end up getting the benefits of being an American Express member too;one ends up getting access to its well-known, exclusive member benefits such as exceptional 24 hours customer service, global assist hotline, extended warranty and free Purchase Protection.Customers can look up more details of the card on the website.
On the whole, American Express Costco True Earnings Business Card delights most customers.