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The Costco TrueEarnings®
American Express® Credit Card
The Card that pays on dining, travel and shopping


✓ Make your Costco membership go further with the TrueEarnings Card
✓ Great rates of cashback rewards on eligible restaurant dining, travel and shopping purchases1
✓ Welcome offer of 0% interest on purchases for your first six months of Card membership.2
Credit Card with variable credit limit
Representative 22.9% APR variable. Based on an assumed borrowing of £1,200. Interest rate for purchases: 22.9% per annum variable. No annual fee.
The sooner you apply the sooner you'll start earning great cashback rewards
How much could you earn in cashback rewards?
  Example spend per month Your annual cashback rewards
3% cashback rewards
on every full £1 you spend on all eligible restaurant dining purchases (no maximum)1
£125 £45
2% cashback rewards
on every full £1 you spend on all eligible travel bookings (no maximum)1
£250 £60
1% cashback rewards
on every full £1 you spend at Costco and almost everywhere else (maximum £300 cashback rewards every 12 months)1
£750 £90

It pays year after year

The TrueEarnings Card combines the fantastic value of Costco membership with all the great benefits you get as an American Express Cardmember. The result is a Card that boosts your earning power with generous cashback rewards:

  • Welcome offer of 0% interest on purchases for your first six months of Cardmembership2
  • Earn 1% cashback rewards on your purchases at Costco warehouses with your TrueEarnings Card. If you are a Costco Executive member, this is on top of your current rate from Costco3
  • Earn cashback rewards even faster with complimentary supplementary Cards for family members or friends, as long as they are also Costco members living in the UK4
  • Each year you’ll be sent a voucher for the value of cashback you have earned, which can be redeemed for goods, services or cash.5

World class service

As you might expect from Costco and American Express, the service is a little bit special:

  • Your TrueEarnings Card doubles as your Costco membership card for a more convenient shopping experience in-warehouse6
  • Make your next night out a memorable one with American Express Invites and enjoy access to some of the most in-demand music, film and theatre events in town
  • Don’t recognise a purchase? We’ll remove it from your account immediately and investigate it for you as part of our fraud guarantee
  • Benefit from the world famous American Express customer service 24/7.


Only Costco members can apply for the TrueEarnings Card. If you are not a Costco member please visit to find out how to apply for your Costco membership today.

To save time when you’re applying for the TrueEarnings Card, it’s best to make sure you can say yes to the following:

  • I am a Costco member
  • I can visit a Costco warehouse to get my photo taken
  • I am aged 18 or over
  • I have a current UK bank or building society account
  • I have a permanent UK home address
  • I have no County Court Judgements for non-payment of debt
  • And if self-employed, I have been working for more than one year.

If you can say yes, go ahead. Your application should take less than 10 minutes and we may be able to give you a response in less than 60 seconds – so apply now.

Make your Costco membership go further with the TrueEarnings Card.

By clicking the below links and by clicking apply now, you will be directed to a providers site. Please review the Privacy Policy of that site as it may differ from's.

Read Terms & Conditions
Read Summary Box
Read Standard European Consumer Credit Information and Additional Explanations
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.

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.

2. 0% interest rate on purchases for the first 6 months will only be available provided the minimum payment is received by the due date. There is no interest free grace period on Balance Transfers or Cash Advances.

3. The additional 2% from the Costco Executive Membership Programme does not apply to purchases of tobacco, infant milk, stamps and purchases made at Costco Travel. The Executive 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. Please note that you are not required to upgrade to Executive Membership to apply for a TrueEarnings Card. Rewards may not be calculated on (i) Costco Travel(ii) fuel (iii) cigarettes or tobacco related products, postage stamps or charitable donations, canvas prints and photobooks from the online Photo Centre, baby milk for infants up to the age of 6 months old, purchases from the Food Court; (iv) on purchases made by anyone other than the Executive Membership account primary or spouse cardholders; (v) where prohibited by law; and (vi) on certain other categories of purchases that may be determined at Costco's discretion.

4. You will be the main Cardmember and liable for all charges made on the Supplementary Card(s). Applicants must be 18 years old or over. Approval is subject to status.

5. Cashback rewards will be paid by providing you with a paper Costco voucher within your American Express Credit Card statement in the month following your Card anniversary on the expenditure that has taken place during the preceding 12 months. Your Card anniversary month is the one month period each year following the date on which your account was opened. See Card Terms and Conditions for full details.

6. Your TrueEarnings Card acts as your Costco membership card, by allowing you access to Costco warehouses. You are still required to pay your annual Costco membership fee.

Applicants must be 18 years old or over. Approval is subject to status and terms and conditions apply. For more information please visit or visit the membership desk.

Registered Office: Costco Wholesale UK Limited, UK Home Office, Hartspring Lane, Watford, Hertfordshire, WD25 8JS. Registered in England and Wales No. 2635489. Costco Wholesale UK Limited is authorised and regulated by the Financial Conduct Authority, with firm reference No. 735258. This authorisation relates to arranging both general insurance and consumer credit.

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 © 2018 American Express Company. All Rights Reserved.

The Costco TrueEarnings Card