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TrueEarnings Business Card from Costco and American Express

TrueEarnings® Business Card from Costco and American Express

Get 2 memberships in 1 with the no-annual-fee Credit Card that earns you cash back.

The Card at a glance

  • Cash Back:

    Earn cash back on every purchase with no limit to what you can earn1
  • Payment Terms:

    The option to carry a balance with interest and a spending limit
  • Purchase Protection2:

    90-day coverage from date of purchase against theft and accidental damage up to $1,000 per occurrence
  • Extended Warranty3:

    Extends the terms of the original manufacturer's warranty up to one additional year on eligible purchases with warranties of five years or less that are eligible in the U.S.
  • Built-in Benefits:

     
  • Annual Fee:

    No annual fee with your paid Costco membership4

Cash Back Calculator

How much cash back could you earn?

Your Monthly Spend

Annual Total:

$ cash back

How is cash back earned?
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Cash back is earned based on how you use your Card.

  • 4% cash back for annual gasoline purchases up to $6,000 per year, and 1% thereafter
  • 3% at restaurants
  • 2% for travel
  • 1% everywhere else, including Costco

This calculation assumes: 11.36% spent on gasoline purchases, 6.56% at restaurants, 10.68% for travel, and 71.39% on everything else, including Costco purchases. It is for estimating purposes only.

There is no limit to the amount of cash back you can earn.

Earn cash back on virtually all your expenses.

Earn 4% cash back for annual gasoline purchases  up to $6,000, and 1% thereafter. You will also earn 3% cash back at restaurants, 2% for travel, and 1% everywhere else, including Costco.

Automatic Discounts

I use my OPEN Card for all my office supplies, copies, expenses — well, everything. I get automatic discounts and don't have to bother with keeping track of coupons,
which is great.

Cynthia Glasbrenner | Peaches and Boo Boo | Member Since 2007

Keep electronics purchases working for you longer with Extended Warranty.

Use your Card and get up to a 1-year automatic extension on the original U.S. manufacturer's warranty  — if 5 years or less — on eligible purchases. Coverage is limited to the amount charged to your Card up to $10,000.

Sign Up For Offers
  • Cash Back: Each Eligible Purchase shall qualify for a Rebate of 1, 2, 3, or 4 percent, as follows: 4% for the first $6,000 in annual purchases (1% thereafter) of automobile gasoline (individual purchases of 75 gallons or less) at Costco and domestic stand-alone gas stations (which excludes superstores, supermarkets, convenience stores, and warehouse clubs other than Costco); 3% at restaurants; 2% for travel purchases from airline, lodging, car rental, cruise line, travel agency and tour operators; and 1% on all other Eligible Purchases posted to your account. "Eligible Purchases" include purchases of goods or services, which purchases have not been returned or otherwise rescinded, and are not subject to a credit; it does NOT include fees, Interest Charges, Cash Advances (including the use of checks, line activators, automated teller machines, or other means of accessing your Account), Balance Transfers, or adjustments to your Account or the purchase of American Express® Travelers Cheques, American Express® Gift Cheques, or other cash equivalents. Rebate is awarded annually in the form of an in-store coupon redeemable for cash or merchandise at any U.S. Costco Warehouse. Additional terms and conditions apply. See Cardmember Agreement for full terms and conditions.
  • • 24/7 Customer Service
    • Account Alerts and Payment Reminders
    • Authorize Someone to Manage Your Account
    • Car Rental Loss and Damage Insurance
    • Dispute Resolution
    • Emergency Card Replacement
    • Extended Warranty
    • Fraud Protection Guarantee
    • Identity Theft Assistance
    • Online Statement
    • Purchase Protection
    • Travel Accident Insurance
    • Year-End Summary
  •  
    Learn
    More
    Call 1-800-519-OPEN
     
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