Rating: 4 Stars
Bottom Line:
For People Who Spend A Lot At Costco
TABLE OF CONTENTS
Card Details
| Regular APR: | 17.24% (Variable) |
| Intro APR (Purchases): | None |
| Intro APR (Balance transfers): | None |
| Rewards Rate: | 4% back on eligible gas for the first $7,000 per year and then 1% thereafter 3% on restaurants & travel 2% at Costco & Costco.com 1% on all other purchases |
| Credit Needed: | (670 – 850) Excellent/Good |
| Annual Fee: | $0 |
| Card Brand: | Visa |
*See online credit card application for details on the terms and conditions.
Offer Highlights
- Click APPLY NOW to apply online
- Discover one of Citi’s best cash back rewards cards designed exclusively for Costco members
- 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter
- 3% cash back on restaurants and eligible travel purchases
- 2% cash back on all other purchases from Costco and Costco.com
- 1% cash back on all other purchases
- No annual fee with your paid Costco membership
- No matter where life takes you, experience no foreign transaction fees on purchases
- Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico
Is Citi Costco Anywhere Credit Card worth it?
Citi Costco Anywhere Visa is a great card for Costco shoppers who spend a lot on restaurants, travel, and especially gas. The annual fee starts at $60 for a Costco membership.
The rewards rate high. The unlimited 3% cash back on restaurants and eligible travel purchases is especially attractive, but the challenge is that the cash is returned to you once a year and is only redeemable at Costco. In other words, it’s not really cash back, but a Costco certificate.
Pros
- 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter – that’s $280 if you spend $7,000
- 3% cash back on restaurants and eligible travel purchases
- 2% cash back on all other purchases from Costco and Costco.com – great for frequent Costco shoppers
Cons
- Must be Costco member
- No travel perks, just cash back on eligible travel purchases – airfare, hotels, car rentals, travel agencies, cruise lines and Costco Travel
- Cash back is provided as an annual credit card reward certificate once your February billing statement closes, and is redeemable for cash or merchandise at U.S. Costco Warehouses
Why 4 Stars?
Regular APR
4 Stars
Intro APR
4 Stars
Fees
4 Stars
Perks
5 Stars
Overall
4 Stars
Fees
| Foreign Transaction Fee | None |
| Balance Transfer Fee | 3% of the balance transfer amount or $5, whichever is greater |
| Cash Advance Fee | 5% of the transaction amount or $10, whichever is greater |
| Penalty APR | Up to 29.99% (Variable) |
Benefits
$0 Fraud Liability
Editorial Note: This content is not provided by the issuer. Any opinion, analyses, reviews, or recommendations expressed on this page are those of the author?s alone, and may not have been reviewed, approved or otherwise endorsed by the issuer.
Credit Cards Research:
Best Credit Cards for 2021
These are the best credit cards for 2021.
Best Credit Cards for Excellent Credit
If you have excellent credit, check out these cards. These are the best cards for excellent credit with travel rewards and cash bonuses.
Best Credit Cards to Pay off Debt
The fastest way to pay off credit card debt is by transferring a balance to a 0% APR credit card. These are the best balance transfer cards on the market.