Costco Card (American Express)

Pros: Good Cash Back Benefit and Amex Services
Cons: High APR and Aggressive Penalty Pricing

American Express has a new card called The American Express Platinum Cash Rebate Card and it's available for members of the discount buying club called Costco. The program is touted as "one card, two memberships". This...

Pros: New 3% gasoline benefit, and best when combined with Executive Membership.
Cons: Online application process slow, AMEX not accepted everywhere unlike Visa/Mastercard.

The American Express "True Earnings" card with Costco is a great combination of a Costco membership with the credit power of American Express. Why Did I Sign-Up for the card? 1. I have an existing Costco membership and noticed my ...

Pros: No Annual Fee, Excellent Online Management Website, Acts as Costco Card, Customer Support, BENEFITS
Cons: Only Usable with Costco Membership

I have been a member of Costco for a few months now, and one of the perks of my membership was enrolling with American Express for the American Express Costco TrueEarnings card. I have my savings account with American Express, and have been using ...

Pros: No additional cost for Executive members, cash rebate opportunity.
Cons: Limited acceptance elsewhere, small rebate on first $5k in purchases, not the best interest rates.

We switched to a Costco membership (from Sam's) three years ago and like all new members, were solicited for the upgraded Executive level of membership (2% rebate on Costco purchases for an additional $50 over and above the base $50 annual membership ...

Pros: Who can argue with a 1.5% rebate?
Cons: Extra rebate encourages credit card debt.

If you are a Costco member and you don't have a problem with credit, you must get and use this card. First of all, as of March 13, 2000, Costco will no longer accept the Discover Card at their warehouses. They will only accept American Express.
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Pros: Costco Rebate
Cons: rebate only good at Costco, High APR for those with balances

I shop at Costco all the time. I used to always use my Discover card but then Costco decided to switch to only accepting AMEX. I had an AMEX green for the rewards points but then learned of this card. I use it for all my Costco shopping and it is...

Pros: Safer and easier to shop at Costco and other locations
Cons: Not many stores accept American Express, so you need another card as well

American Express Company and Costco Wholesale Corporation have recently joined hands to give us another great way to shop in bulk with great savings.

Costco, an international chain of warehouse stores with locations in the U.S., Mexico,...

Pros: Excellent reward percentage, a pleasure to pay the bill.
Cons: American Express may be too "discriminating" for many Costco members.

Pardon my enthusiasm, but I have been using the Costco Card from American Express for the past six months, and I think it is terrific.

I admit, I tend to like all things Costco. It is my primary source for groceries(milk is a dollar less than...

Pros: Good rebates for Costco purchases.
Cons: Poor customer service and flexibility.

I am a long time Costco (and Price Club) customer. I used to use the Discover card and that was great. When Costco switched to Amex I also got an Amex card. I liked the Discover card better since I was able to use it at more locations and therefor get ...

Pros: Only credit card you can get that's good at Costco
Cons: Some cards are better in some area. All features must be considered to tell.

American Express Platinum Cash Rebate Card Note: The following was written when there was only one American Express card for Costco. See the update below for more current information. American Express is a good card to have. You get good ...

Pros: Cash back on ALL purchases!
Cons: Cash back redeemed only at Costco (not really a con unless you don't like Costco).

Let me start by saying that Costco is my all-time favorite place to shop! I buy nearly everything I need (or want) there, such as groceries (fruits and vegetables, soups, frozen foods, quality/lean meats, fresh rotisserie chickens, etc.), household items ...

Pros: Accepted at Costco
Cons: Customer Service Dept. needs better training and tools.

First of all, I completely agree with Codzilla's comments.

The Pros:
I've been a Costco member ever since they first opened and had no complaints using the Discover card in their stores and other fine establishments. Now that they...

Pros: They do give you money
Cons: The interest rates are very high.

Costco warehouse club and American Express credit card have teamed up to bring the True Earnings card. The way it works is simple. You join the Costco Warehouse club and then apply for the American Express through them. When you get it, it replaces ...

Pros: The only card accepted at Costco.
Cons: Beware of fees, penalties and financial charges. Poor customer service.

I have been a Costco member for years. I have had this card ever since Costco switched from discover to American Express. Over the period I have watched they tighten up their payment rules to squeeze more juice out of customers whenever possible.
...

Pros: Only card good at Costo, rebate, excellent Amex service
Cons: Not widely accepted, other cards have better rebates

I remember when the only way to pay at Costco was with cash or a check. Now you can also pay with an American Express card, which makes it a great convenience to Costco shoppers. However, since Amex is not widely accepted, for most of us that means...