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Get the most out of your Card. Earn more cashback rewards, more often.

The Costco TrueEarnings® American Express® Credit Card is all about getting even more value out of your shopping, in Costco but also outside Costco on the high street, online and abroad.

It all adds up

Not only can you use your Card inside and outside of Costco, you can also earn generous cashback rewards at the same time1:  

  • 3% cashback rewards on every full £1 you spend on all eligible restaurant dining purchases (no maximum)1
  • 2% cashback rewards on every full £1 you spend on all eligible travel bookings (no maximum)1
  • 1% cashback rewards on every full £1 you spend at Costco and almost everywhere else (maximum £300 cashback rewards every 12 months).1

If you are a Costco Executive member, you earn a 2% reward on your Costco purchases. The 1% cashback rewards you earn with your TrueEarnings Card is separate and on top of your 2% reward from Costco.2 

Enjoy your first 6 months of Cardmembership

Virtually everything you buy with your TrueEarnings Card is interest free for the first six months of Cardmembership. You could reach for your TrueEarnings Card when paying for your weekly food shop, fuel for the car or upgrading your TV.

Boost your cashback rewards with Supplementary Cards

You could earn cashback rewards even faster with Supplementary Cards for family and friends at no additional cost, as long as they are Costco members themselves and are UK residents aged 18 or over. You can complete a Supplementary application online at or at a Costco warehouse today.

Remember, the Supplementary Cardmember’s photo is an essential part of their new Credit Card. Their Card cannot be issued without it. Please speak with a Costco Employee to ensure there is a photo on file if you are unsure.

Your TrueEarnings cashback reward voucher

Your cashback rewards are calculated each year on the anniversary of your Card account. Then together with your American Express Credit Card statement you will be sent a paper Costco voucher, in the post, for the value of cashback rewards you have earned4. If you receive online statements you will receive a one time paper statement containing your cashback rewards voucher. You can then redeem this voucher for goods, services or cash at any Costco warehouse in the UK.

Watch your cashback rewards add up

Register now for Online Services and you can see the cashback rewards add up every month.

Get closer to the action

We deliver news of the latest gigs direct to your inbox.  And you can enjoy access to purchase a wide range of sought after music, theatre, and film events, often before they go on general sale.  Welcome to American Express Invites5.

Terms and Conditions

1. Cashback rewards will be payable annually in the month following your Credit Card anniversary. 3% is earned on every full £1 spent and charged on all eligible restaurant dining purchases (no maximum). 2% is earned on every full £1 spent and charged on eligible travel purchases (no maximum). Unless stated above as being eligible, purchases will earn 1% cashback rewards on every full £1 spent and charged per purchase (maximum £300 cashback rewards every 12 months), subject to exclusions. Cashback rewards are not earned on Balance Transfers, Cash Advances, American Express Travellers’ Cheques purchases, Foreign Exchange transactions, interest, any spending in excess of your credit limit, charges for returned payments, late payment or referral charges and American Express Credit Card finance charges. See membership desk or for details.

2. The additional 2% from the Costco Executive Membership Programme does not apply to purchases of tobacco, infant milk and stamps. 1% cashback on virtually every Reward is provided by Costco and will be awarded separately to your TrueEarnings cashback rewards and cannot be redeemed online. For further information on the Costco Executive Membership Programme, please speak with the membership desk.

3. The promotional interest rate on purchases will be 0% p.a. for your first six months as a Cardmember and thereafter the standard interest rate will apply. The standard interest rate can be found in Part 1 of the enclosed Credit Agreement. The introductory purchase rate of 0% p.a. will cease to apply if you do not pay the minimum amount each month. Purchases do not include balance transfers, American Express Travellers Cheque purchases, foreign exchange and cash withdrawals, interest, any spending in excess of your credit limit, charges for returned payments, late payment or referral charges and American Express Credit Card finance charges. American Express may vary the interest rates in accordance with the Terms and Conditions governing your account.

4. Cashback rewards will be paid by sending you a Costco voucher in your paper American Express Credit Card Statement in the month following your Card anniversary, on the purchases made during the preceding 12 months provided that you have earned at least £1 of cashback rewards.

5. American Express Invites was formerly known as the Preferred Seating Programme. American Express Invites refers to the name of the American Express programme rather than a description of ticket type.

Statement of Lender and Borrower Responsibilities

American Express adheres to The Standards of Lending Practice which are monitored and enforced by the Lending Standards Board.

The Costco TrueEarnings American Express Credit Card is offered by American Express Services Europe Limited registered office: Belgrave House, 76 Buckingham Palace Road, London, SW1W 9AX, United Kingdom. It is registered in England and Wales with Company Number 1833139 and authorised and regulated by the Financial Conduct Authority.

Copyright© 2017. American Express Company. All Rights Reserved.