American Express Open

TrueEarnings® Business Card from Costco and American Express

Invitation to earn a $55 statement credit
after first purchase within the first 3 months of Cardmembership1

Apply Now

THERE'S NO ANNUAL FEE WITH YOUR PAID COSTCO MEMBERSHIP.

ADD CASH BACK TO YOUR BOTTOM LINE WITHOUT ADDING TO YOUR EXPENSES

$55

Statement credit after
first purchase within
the first 3 months
of Cardmembership.1

4%

Cash back for gasoline including at Costco, for annual gasoline purchases of up to $7,000.

2%

Cash back
for restaurants.

2%

Cash back
for travel including at Costco.

1%

Cash back
everywhere else
including at Costco.

4% cash back for annual gasoline purchases up to $7,000; 1% thereafter. See below for other terms and conditions.2

Safeguard your appliances, computers and other major purchases.

Extended Warranty3 can extend the terms of the original U.S. manufacturer's warranty for up to one additional
year on eligible purchases with warranties of five years or less, when the purchase is charged to the Card.

You can help protect everything from water coolers to small electronics.

Purchase Protection4 can cover eligible purchases against accidental damage and theft for up to 90 days from
the moment you purchase them. Coverage is limited to $1,000 per occurrence, up to $50,000 per
Cardmember account per calendar year.

Save everywhere you spend to strengthen all aspects of your business.

With OPEN Savings®, you can save 3% to 10% on expenses with companies like FedEx, Hertz®, Hyatt
Hotels & Resorts®, and more.5

Card

TrueEarnings® Business Card from Costco and American Express
Receive a $55 statement credit after first purchase within the first 3 months of Cardmembership.

Apply Now
Costco.com

Terms and Conditions

1 Welcome bonus offer not available to applicants who have had this product within the last 12 months. $55 statement credit offer available to new TrueEarnings Business Cardmembers only. To be eligible to get a $55 statement credit, application must be approved by Ocotber 31, 2012, and your first purchase must be charged to your new TrueEarnings® Business Card within the first 90 days of Cardmembership. The $55 statement credit will appear on your billing statement 10-12 weeks after the first purchase is made on the TrueEarnings Business Card. Account must be active, valid and in good standing to receive this offer. "Eligible Purchases" include purchases of goods or services, which purchases have not been returned or otherwise rescinded, and are not subject to a credit; it does NOT include fees, Interest Charges, Cash Advances (including the use of checks, line activators, automated teller machines, or other means of accessing your account), Balance Transfers, or adjustments to your Account or the purchase of American Express® Travelers Cheques, American Express® Gift Cheques or other cash equivalents. Offer expires October 31, 2012. If your application is approved after this date, you will not be eligible for the $55 offer. This offer is available when applying online only and is not available at Costco Warehouses.

2 Cash Back: Each Eligible Purchase shall qualify for a Rebate of 1, 2, or 4 percent, as follows: 4% for the first $7,000 in annual purchases (1% thereafter) of automobile gasoline at Costco and domestic stand-alone gas stations (which excludes superstores, supermarkets, convenience stores, and warehouse clubs other than Costco); 2% 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 posted to your account. Eligible purchases are purchases of goods or services minus returns and credits, and do NOT include: fees or interest charges, balance transfers, cash advances, purchases of traveler's checks, purchases or reloading of prepaid cards, or purchases of any cash equivalents. Reward is distributed annually in the form of a reward coupon on a billing statement, redeemable for merchandise or cash at any US Costco Warehouse. Coupon must be redeemed in person prior to its expiration date of August 31st in the year in which it is issued. Additional terms and conditions apply. See your Cardmember Agreement for eligibility requirements and complete terms and conditions.

3 Extended Warranty is underwritten by AMEX Assurance Company, Administrative Office, Phoenix, AZ. Coverage is determined by the terms, conditions, and exclusions of Policy AX0953 or Policy EW-IND and is subject to change with notice. This document does not supplement or replace the Policy.

4 Purchase Protection is underwritten by AMEX Assurance Company, Administrative Office, Phoenix, AZ. Coverage is determined by the terms, conditions, and exclusions of Policy AX0951 or Policy PP-IND and is subject to change with notice. This document does not supplement or replace the Policy.

5 OPEN Savings®: Savings range from 3% to 10%. Payment must be made with an American Express® Business Card at the time of purchase; savings will be credited to your account. If purchases that received the OPEN Savings discount are refunded, the OPEN Savings discount will be reversed and debited from your account. Please review your monthly Cardmember statement in order to confirm proper crediting of returns. If you believe that returns have not been properly credited to your account, please call the number on the back of your Card. Other restrictions or limitations may apply. Subject to offer terms and conditions located at open.com/opensavings. Merchant participation and offers are subject to change without notice.

© 2012 American Express Bank, FSB. All rights reserved.