Many people are already familiar with the large Costco store nearby that gives you large discounts when you buy in bulk. While the savings you get are already well known, did you know that you can get even more money back if you have the TrueEarnings Credit Card from Costco and American Express?

What Are the Best Features of the TrueEarnings Credit Card?

The Costco credit card gives you cash back, and it does so for many places other than just at Costco. The biggest percentage of cashback comes when you buy gasoline. You get three percent back on all of your gasoline purchases until you reach $3,000 in your annual gasoline purchases, after that you will get one percent back.

The TrueEarnings Credit Card will also give you three-percent back on your restaurant purchases, too. This is a great deal – especially if you travel a lot and eat out a lot. In addition, the card is made even a little sweeter because you also get two percent back on your travel expenses put onto the card.

Being that it is a Costco card, you would also expect that you would be able to get further cashback on your purchases made in their store – and you do. You get another one-percent cashback on all of your purchases made in the store. Besides that, though, you also get a one-percent discount on your purchases made anywhere else, too.

There are no limits on the amount of cashback that you can earn on your purchases. If you keep putting new purchases on your credit card, you will keep on earning cash back.

What Other Features Come with the True Earnings Credit Card?

As a cardholder of an American Express credit card, you will get access to the American Express Ticket Savings Center. From their Website, you can take advantage of special offers and discount prices on tickets to the various events that market tickets through this avenue.

Whenever you are more than 100 miles away from home, you receive the opportunity to use the assistance that will be provided through the Global Assist Hotline. This Hotline gives you access to many different kinds of help, including medical, financial, legal referrals, help with your visa or passport, lost luggage, and more.

The card also provides you with insurance for car rentals and damage or loss. Travel accident insurance provides coverage up to $100,000 for you and your family. You also have purchase protection and extended warranty protection for up to an additional year on certain items.

Limitations on Your American Express True Earnings Credit Card

At the end of the year, you will be issued a Rebate Coupon for the amount of money back that you have earned. Once you have the coupon, you can then take it to your nearest Costco store and redeem it for either cash or merchandise.

What Other Features of the TrueEarnings Credit Card Should You Know About?

Because you already pay for a Costco membership on an annual basis, there is no additional annual fee for their credit card. Also, because it is issued by the American Express credit card company, this card also serves as a regular American Express credit card that you can use anywhere. Your American Express TrueEarnings Credit Card really is two credit cards in one!

When you make a balance transfer to the TrueEarnings Credit Card, you will have a three-percent charge, or $5 (whichever one is greater), added to the card. At the current time, the interest rate is that same as the credit card – 15.24 percent.