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$25 Sign Up Bonus from Costco American Express Card

December 16, 2009


If you are a Costco member, you may think about signing up for the Costco American Express card. I have been debating this for a while, but have since reviewed their reward tieds and am going to apply.

The card is a cash rewards card that gives you back the following:

  • Earn 3% cash back for gasoline, for annual gasoline purchases of up to $3,000 (1% thereafter).
  • Earn 3% cash back for restaurants.
  • Earn 2% cash back for travel.
  • Earn 1% cash back everywhere else, including Costco.

Along with a $25 statement credit after your first purchase, this is looking more and more attractive to me. 3% on gas and restaurants is great since that seems to be my biggest daily expenses right now.

The most important thing about this card is that there is no max on how much cash you can earn. A lot of rewards cards are capped at a certain dollar amount per year, so not having to worry about that is very nice. All your rewards are accumulated and posted as a credit on your Febuary statment.

The Costco Card card also acts as your Costco Membership card which keeps you from having to keep your Costco membership card with you all the time.

Another benefit that is pushing me toward this card is the American Express purchase protection plans. Their warranty plan extends the warranty coverage on the item you buy for an additional year. And their purchase protection plan protects covered items for up to 90 days from the date of purchase if it is stolen or accidentally damaged. Those 2 plans really give piece of mind when buying expensive things like electronics, appliances, etc.

Unfortunetly you do need to be a Costco member to sign up for the card, but if you are you should definetly take a look at this, with the decent cash back tiers and buyers protection plans, this card is a great addition to your wallet of you like to shop!!!

More information on the Costco American Express Card

“Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.”

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