Do Costco Credit Cards Help You Save on Black Friday?

With the right credit card, you could earn big rewards on those Black Friday deals.

Black Friday may still be a few weeks away, but the sales have already started. Several major retailers are releasing deals throughout the month. That includes Costco, which recently dropped 10 Black Friday deals and is offering big discounts on all kinds of popular items.

Those aren't the only ways you can save on your Costco shopping, either. Costco also has two store credit cards available, one for consumers and the other for business owners:

• Costco Anywhere Visa® Card by Citi
• Costco Anywhere Visa® Business Card by Citi

Each card earns cash back and offers a higher bonus rate on Costco and Costco.com purchases. If you don't have one yet and you're thinking about getting one, here's what to consider.

A Costco credit card is great for the store's frequent shoppers

If you're wondering if a Costco credit card will save you money on Black Friday, the answer is yes. It earns cash back you can redeem later, so you'll save more than you would if you paid using a debit card or cash. And as mentioned above, Costco credit cards earn bonus cash back on Costco purchases.

However, there are plenty of rewards credit cards out there to choose from. You could also save money with another rewards card, not just a Costco credit card. But keep in mind that if you're shopping at Costco, you can only pay with Visa cards. On Costco.com, however, you can pay with Visa, Mastercard, or Discover.

Like most store credit cards, Costco credit cards are most valuable if you go there often. If you visit Costco multiple times per month and do a good portion of your shopping there, then a Costco credit card makes sense.

Compare Black Friday sales first

If you're trying to save the most on your Black Friday shopping, compare the sales different stores are offering first. Even if Costco is your usual choice, you might find a better price elsewhere on what you want to buy. There are, after all, low prices at Walmart, Amazon, Target, and lots of other retailers.

Most of the major retailers offer their own store credit cards. Like the Costco credit cards, these cards typically earn more back on purchases with the issuing store. So, if you see that Amazon has some hot deals, it may be better to go with an Amazon credit card, since that will save you more there.

Get a rewards card that fits your spending habits

A rewards credit card is a smart way to earn cash back or points on the money you spend. For those who expect to spend more on Black Friday sales, it could be worth getting a rewards card that will get you some extra savings.

Don't base your decision on which card is best for your Black Friday shopping, though. Remember that any rewards card can save you money on Black Friday sales. The most important part of choosing a credit card is long-term value, meaning it's a good idea to find a card that fits your everyday spending habits and financial goals.

If you love Costco, then that might be a Costco credit card. But if your spending is pretty balanced across lots of stores and categories, you may be better off with a flat-rate card that earns the same rate everywhere. Or, if you want to save more money upfront, one of the many credit cards with sign-up bonuses are likely the way to go.

Costco credit cards are good choices, but they're far from the only option. Compare what they offer to the features of other top credit cards to find the best fit.