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on eligible restaurant purchases*


on eligible gas purchases*

  • 2% up to $3,000 annually
  • 1% on any amount over $3,000

Earn up to 1% CASH BACK

on everyday purchases* – including at Costco®†

  • 0.25% up to $1,000
  • 0.50% on the next $2,000
  • 1% on any amount over $3,000
  • To help you save more, there is no annual fee.
  • You can enjoy a special low introductory interest rate on purchases.
  • Plus, no Maximum Annual Rebate!
Earn cash back calculator
How much
could you earn?

Find out with our calculator.

More than a credit card. More than your Costco membership.
Discover all the additional benefits.

Special low interest rate on purchases  

2.99% special low interest rate on purchases for the first 6 months of Cardmembership, 19.75% thereafter, 21.99% on funds advances, provided you make your minimum monthly payments on time.

One Card, Two Memberships  

Show your TrueEarnings Card for entry into any Costco warehouse and use it to pay for your purchases. Remember to also use your Card outside of Costco, anywhere American Express is welcomed, the cash back can really add up!

Since your TrueEarnings Card is a credit card, you can either carry a balance from month to month, or pay it off in full.

Share your Membership  

Share a FREE Supplementary Card with someone else who is a current member on your Costco account, and every purchase they make earns cash back in the same way and counts towards the annual cash rebate on your account.

Front Of The Line®  

Front Of The Line® – gives American Express Cardmembers the opportunity to purchases advance and reserved tickets to some of the hottest concerts, theatre productions and special events across Canada1.

Shopping Coverage  

Buyer’s Assurance® Protection Plan2† – Automatically doubles the manufacturer’s original warranty up to one additional year when you charge the full purchase price to your TrueEarnings™ Card.

Purchase Protection® Plan3† – Automatically, without registration, insures your eligible purchases against accidental physical damage and theft when you use your TrueEarnings™Card.

Fraud Protection Guarantee – you won’t be held responsible for any fraudulent charges, as long as you’ve taken reasonable care to protect your account details4.

Travel Benefits  

$100,000 Travel Accident Insurance5† – up to $100,000 of Accidental Death and Dismemberment Insurance covers you, your spouse and dependent children under the age of 23 when any of you travel on a common carrier (plane, train, bus or ship) and charge your tickets to your TrueEarnings™ Card. Supplementary Cardmembers, their spouses and dependent children under age 23 are also covered.

Travel Network Coverage – American Express has over 2,2006 Travel Service locations around the world to offer you assistance while you’re traveling.

Emergency Card Replacement

How much could you earn?

Estimate your monthly purchases and see how the annual cash rebate on the TrueEarnings Card can really add up on eligible gas and restaurant purchases and everyday purchases.*


You can earn 3% Cash Back on eligible restaurant purchases and take-out.


You can earn 2% Cash Back on eligible gasoline purchases up to $3,000 annually and 1% thereafter.


You can earn up to 1% Cash Back on everyday purchases (0.25% up to $1,000, 0.50% on the next $2,000 and 1% on any amount over $3,000).

There’s no limit to the amount of cash back you can earn annually.



♢ Examples are simplified for illustrative purposes only based on the TrueEarnings Card rebate calculation as indicated. Rebates are issued annually on qualified accounts.

* Rebates are calculated on eligible purchases (less credits and returns) at American Express merchants and are issued as a rebate coupon in January to qualified accounts in good standing for redemption at Costco warehouses in Canada for goods, services or cash within 6 months of date issued. Coupons are not transferable. Funds advances, interest, balance transfers, Amex cheques, annual fees, other fees and charges for travellers cheques and foreign currencies are not purchases and do not qualify. Rebates are also not earned on any purchases where not permitted by law. 3% rebate applies to purchases in Canada at restaurants. 2% rebate applies to consumer automobile gas purchases in Canada of up to $3000 annually (1% thereafter) at Costco and retail stand-alone gas stations (excluding superstores, supermarkets, other warehouse clubs and retail stores for which gas is an adjunct to their business). For other eligible purchases, rebate of .25% applies on the first $1000 annually, .5% applies on the next $2000 and 1% on amounts over $3000. Calculation resets annually. Percentage rebate is subject to categorization of and submission of charges by American Express merchants. Additional conditions and restrictions apply as set out in the terms accompanying the Cardmember Agreement.

®, TM: Used by Amex Bank of Canada under license from American Express.

®†: Registered trademark of Price Costco International, Inc. used under license.