True Earnings Business Card from Costco and American Express
One of the new trends that is occurring in business credit cards is that traditional credit card companies, like American Express, is partnering with companies to provide the consumer/business owner with additional benefits and perks associated with their credit card. The True Earnings Business Card from Costco and AMEX is that type of card.
This credit card offers no annual fees for the lifetime of the card so long as the cardholder maintains a Costco membership. In addition to the partnership between AMEX and Costco, this card is also partnered with additional companies, which yields automatic savings to the business owner who uses this card for purchases with participating companies. A few of the participating companies partnering with this card is: Hertz, FedEx, Hyatt, HPdirect.com, Epson, the Microsoft store, OfficeMax, Iron Mountain, 1800Flowers.com, and Barnes & Noble.
The biggest perk of this card is how it helps you save money by offering cash back on many different types of purchases that a business would ordinarily need to spend money on anyhow. For instance, the True Earnings Business Card offers 4% cash back on the annual amount of gasoline purchased on the card up to $6,000.00 and then 1% cash back on any amount above and beyond the $6,000.00. The True Earnings Business Card offers 2% cash back on all restaurant purchase and travel purchases made using the card. In addition, the card offers 1% cash back on all other purchase including all purchases made at Costco.
One of the standard perks associated with all American Express credit cards is their OPEN program, which offers assistant and insurance to the cardholder when traveling. For instance, if the cardholder causes damage to the rental vehicle he or she is driving, the card will cover the damage. Also, the cardholder can take advantage of the Global Assistant Hotline 24/7 if they come across a medical, legal, or other type of emergency that requires immediate assistance, so long as the cardholder is traveling more than 100 miles away from home. Also, the cardholder and his or her family will be insured with up to $100,000 in travel accident insurance so long as the True Earnings Business Card was used to purchase the travel tickets.