(Update 3/11/14: "Noteworthy features" bullets updated.)
Costco is notorious for its no credit card policy, and shopping there can be a pain if you don't want to use cash, a debit card, or write a check. However, Costco does accept one card -- the branded TrueEarnings Card from Costco and American Express.
- $0 annual fee
- 3% Cash back at US gas stations and on gasoline at Costco up to $4,000 per year in purchases, then 1%
- 2% cash back at US restaurants; 2% cash back on eligible travel purchases, including at Costco; 1% cash back on other purchases, including at Costco
- The Two-In-One Card: it's an American Express® Card and Costco membership Card, with no annual fee for Costco members
- Cash back rewards are given once a year in the form of a coupon, to be redeemed at Costco for cash or merchandise.
- APR: 15.24% variable
Penalty APR: 27.24% (variable)
Cash Advance APR: 25.24% (variable)