Points Program Credit Card Reviews

AMERICAN EXPRESS PREFERRED REWARDS GOLD CARD REVIEW:Apply Now | Back to Chart

The American Express Preferred Rewards Gold Card offers cardholders a fantastic points rewards program. For an annual fee of $125.00, cardholders earn 1 point for each dollar spent on purchases. Points are not awarded for balance transfers, cash advances or various fees and charges from American Express. These points have no limit or expiration date. They can be redeemed for travel, entertainment, dining, or merchandise. The American Express Preferred Rewards Gold Card grants cardholders a wide variety of additional benefits and services, including early access to preferred seating at sought-after events with the Gold Card Events program.

You must pay off your American Express Preferred Rewards Gold Card balance in full every month. If you do not, the late fee varies depending on the state, from zero to $35.00 or 2.99% of the delinquent balance.

If you have good credit, are able to pay off your balance in full each month, and don’t mind paying an annual fee in exchange for top of the line rewards and benefits, the American Express Preferred Rewards Gold Card is perfect for you.

THE TRUEEARNINGS CARD FROM COSTCO AND AMERICAN EXPRESS REVIEW:Apply Now | Back to Chart

The TrueEarnings Card from Costco and American Express is exclusively available to Costco members and rewards cardholders with up to 3% cash back on purchases. There is no annual fee with your paid Costco membership. If you are not currently a Costco member, you can sign up and apply for your TrueEarnings Card at the same time, and your TrueEarnings Card will also serve as your Costco membership card. You'll earn 3% cash back on gasoline purchases, 3% cash back at restaurants, 2% cash back on travel purchases and 1% cash back on all other purchases. Your cash rebate will be issued annually in the form of a coupon that you can redeem for cash or merchandise at any Costco warehouse. There is no limit on how much cash back you can earn. You'll also receive a $25 statement credit after making your first purchase with your TrueEarnings Card.

There is a 0% introductory purchase APR for the first 3 months and a 13.24% purchase APR thereafter. Balance transfers requested within the first 30 days are subject to a 1.99% introductory APR for the first 6 months. There is no transfer fee for balance transfers requested within the first 30 days, but future balance transfers may be subject to a finance charge.

With no annual fee, a generous cash rewards program and a bonus $25 statement credit, the TrueEarnings Card is an excellent option for anyone who already has a Costco membership or is considering signing up for one.