Costco Credit Card #2
The True Earnings Costco credit card and American Express card are two of the best credit cards available as far as rewards are concerned. In addition to all the benefits, you will have access to membership and shopping privileges at all Costco warehouses worldwide and also on their website. With this card, you will be able to earn cash back on gasoline and an extra twenty-five dollar credit will be posted to your card after you have made your first purchase. In fact, you can earn cash back on just about anything you purchase—gas, food, travel, and of course shopping at Costco. There are no yearly fees for owning a Costco credit card as a member of Costco, and interest fees are low, with 0% APR during the first three months and a fixed APR of 15.99%. In addition, you will receive 3% back for restaurant expenses, 2% for travel expenses, and 1% for any other purchases made with your card.
As a holder of an American Express Costco credit card you will automatically be qualified to a membership with Costco and permitted to enjoy their shopping, dining and other services offered to members only. Since Costco already sells items at low prices, the one percent back you receive on merchandise you buy is an even sweeter arrangement with Costco. You can use your American Express Costco card at any place which uses American Express and also be entitled to earn rebates and rewards from using this at those locations.
You can redeem your Costco rewards at any United States Costco warehouse and receive either merchandise or cash for your rebate coupon. Anything you buy using your Costco credit card has a one-year extended warranty, which comes in handy with electronic purchases and other items which are sensitive and may incur invisible damage in transit to the store. You also are entitled to free roadside assistance and a free, Experian-based credit report detailing the last thirty days of your credit history.
The only problem you may encounter with using your Costco card is the fact that not every business accepts American Express. Financial experts estimate that around 80% of retailers in the United States do use American Express, but you should always carry another credit card with you such as a Visa or Discover in case you are somewhere you cannot use your Costco credit card.
Another benefit from carrying a Costco American Express card is the fraud and identity theft protection program it offers, which allows you the option of buying insurance that applies to theft, damage, and fraudulent misuse of your card by another. You will also have access to online account management and can utilize the American Express Bill pay feature available on their website. The travel customer service representatives online at American Express will assist you in searching for the best prices for hotels and airline tickets, along with offering travel accident insurance of $100,000 or less for accidental death and dismemberment coverage.