So I recently got a packet from American Express trying to get me to sign up friends and family for the American Express TrueEarnings credit card (Costco credit card). At first I didn’t care much for it, but after reading through the details, it seems like a good deal for both me and whoever I’m referring.
I received 4 of these postcards to distribute to friends:
If you sign up, you get a $25 Costco Cash Card after your first purchase and I get a $25 Costco Cash Card for referring you. When I signed up for my Amex card, I didn’t get any type of sign up bonus, so I personally think this is a good deal for those Costco members who haven’t gotten the Costco Amex. You can read my Credit Card Arsenal entry to see why this card is that great and a must have for any Costco member. Some say that it’s not worth getting a Costco membership just to get this credit card, but I’ve always seen it as a bonus that I get for having a Costco membership. I mean, even without this credit card, I’d still have my Costco membership.
Here are the details:
Carry the TrueEarnings Card from Costco and American Express and we’ll give you a $25 Costco Cash Card you can use to pick up something for yourself.
- You’ll earn 3% cash back for eating out, 2% for traveling, and 1% back everywhere else, including Costco.
- There’s no annual fee for the Card with your paid Costco memberhsip.
- There’s no limit to the cash back you can earn.
- You’ll have the flexibility to pay over time.
Visit americanexpress.com/costcofriend to learn more and sign up today!
UNIQUE ID: 3071220387
EXPIRES ON: October 14, 2007
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- A $25 Costco Cash Card will be awarded within 14 weeks after your first purchase appears on your monthly billing statement. Costco Cash Cards are for first time Cardmembers only. See application for details at americanexpress.com/costcofriend. Applicant understands and agrees that American Express Cardmember who referred him/her may be compensated with a Costco Cash Card if his/her application is approved, and may be able to tell if his/her application is declined or approved.
- Eligible Purchases earn a rebate of 1, 2, or 3 percent as follows: 3% at restaurants; 2% for travel purchases from airline, lodging, car rental, cruise line, travel agency, and tour operators; and 1% on all other Eligible Purchases. “Eligible Purchases” do NOT include returned purchases, Fees, Finance Charges, Cash Advances, Balance Transfers, purchase of American Express Travelers Cheques, American Express Gift Cheques, and other cash equivalents. Rebates are awarded each February in the form of an in-store coupon redeemable for merchandise or cash at any U.S. Costco Warehouse. To receive the rebate your account must be open and you must present the coupon at Costco prior to the coupon expiration date. Rebates less than $1 will be forfeited. Forfeiture rules for late payment also apply.
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