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Get the most out of your Credit 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 Credit 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 Credit Card is separate and on top of your 2% reward from Costco.2 

You could earn cashback rewards even faster by applying for 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 over3. You can complete a Supplementary Card application online here or at a Costco warehouse today.

Remember, the Supplementary Cardmember’s photo is an essential part of their new Credit Card. Their Credit 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 Credit 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, the voucher is valid for six months.

Watch your cashback rewards add up

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

Add a Card, earn more cashback

Earn cashback rewards even faster with Supplementary Cards for family and friends3.

Terms and Conditions

1. 3% is earned on every full £1 spent and charged per transaction on all eligible restaurant dining purchases (no maximum). 2% is earned on every full £1 spent and charged per transaction on all 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 transaction (maximum £300 cashback rewards every 12 months), subject to exclusions. Cashback rewards will be paid by providing you with a paper Costco voucher, valid for six months, within your Costco TrueEarnings American Express Card statement in the month following your Card anniversary on the expenditure that has taken place in during the preceeding 12 months. Your Card anniversary month is the one month period each year following the date on which your Account was opened. 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. Subject to application and approval. Supplementary Cards are issued under and subject to the Terms and Conditions of your existing Cardmember Agreement, and as the main Cardmember, you will be responsible for paying all charges on any Supplementary Cards which are added to your Account. Supplementary Cardmembers must be aged 18 or over.

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.

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.

American Express Services Europe Limited has its registered office at 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.