Costco and American Express are offering a $25 bonus in the form of a statement credit for new customers who make their first purchase using their TrueEarnings® Card. The TrueEarnings® Card from Costco and American Express also offers significant cash back awards on most purchases, including 3% on gasoline and restaurants, 2% for travel, and 1% everywhere else. This cash back is unlimited, so you don’t have to worry about an annual cap. You’ll even earn cash back when shopping at Costco, which from what I understand already has low prices. There is no annual fee for current members of Costco, but that’s the catch. You have to be a member of Costco to be approved for this card. Also consider the equivalent card for businesses, the TrueEarnings® Business Card from Costco and American Express. This is a very similar card, but it does not offer the $25 statement credit with your first purchase. This card does, however, offer 5% cash back on gasoline rather than 3%. Therefore, if you plan on spending more than $1,250 on gas and if you don’t need $25 right away, the business card may be the better choice. --- Related Articles at Consumerism Commentary: A Personal Finance Blog:New Bonus Offers for American Express Credit Cards: ...New American Express Bonus: 40,000 Points (for Big Spenders): ...Get Cash Rebates for Buying Gas With Credit Cards: ...$250 Bonus for American Express Business Gold Rewards Card: ...Credit Cards With Sign-Up Bonuses: ...
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