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If you have a Costco membership, the Costco Anywhere Visa® Card by Citi, an advertising partner with The Ascent, can earn you cash back on your spending at the warehouse giant. To make it even better, the card also earns bonus cash back on a variety of spending categories, giving you plenty of chances to rack up more rewards. Check out this full Costco Anywhere Visa® Card by Citi review to decide if it deserves a place in your wallet.
On Citi's Secure Website.
On Citi's Secure Website.
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
19.49% (Variable)
Rewards 4% back on gas and EV charging ($7,000 annual spending cap), 3% back on restaurants and travel, 2% back on Costco purchases, 1% back on other purchases
1% - 4% back
Annual Fee
$0 for Costco members
Welcome Offer
N/A
Hard to beat for Costco shoppers with the lucrative rewards program and no annual fee for members. The gas and EV charging cash back earning potential is among the highest you'll find.
This credit card is a good fit for: Costco shoppers who have high spending at the warehouse store and on gas.
The Costco credit card has valuable features, with the most notable being its high cash back rates.
This credit card earns:
If you spend quite a bit on gas and groceries, the cash back rates on this card will be right up your alley.
This is a no annual fee card. To be fair, you do need to pay an annual fee for a Costco membership. You're probably already a member if you're checking out a Costco credit card, though. If you get this card, it also effectively replaces your Costco membership card.
If you're taking a trip out of the country, the Costco Anywhere Visa® Card by Citi doesn't charge an additional fee for foreign transactions. Given that it also earns bonus cash back at restaurants and on travel purchases, this card is a solid travel credit card choice.
This card offers complimentary damage and theft purchase protection that covers the cost of refunds or repairs on eligible claims. Coverage applies for 120 days after the purchase date except for New York residents, who get 90 days of purchase protection.
Cardholders also get extended warranty protection on eligible purchases for the time being. However, this benefit will be removed effective Jan. 22, 2023. On purchases made before that date, extended warranty protection adds 24 months to manufacturers' warranties, up to a maximum coverage limit of seven years.
If you want more flexible cash back categories: The Bank of America® Customized Cash Rewards credit card lets you choose a category to earn 3% cash back. It also offers 2% back at grocery stores and wholesale clubs like Costco. The 3% and 2% cash back rates apply to your first $2,500 in combined spending across those categories per quarter.
If you want a sign-up bonus offer: The Citi® Double Cash Card – 18 month BT offer offers a $200 cash back bonus after you spend $1,500 in the first six months. In addition to the great bonus offer, it also offers one of the most generous unlimited cash back rates we've seen.
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Costco Anywhere Visa® Card by Citi | Bank of America® Customized Cash Rewards credit card | Citi® Double Cash Card – 18 month BT offer |
Rating image, 4.50 out of 5 stars.
4.50 stars
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. |
Rating image, 4.50 out of 5 stars.
4.50 stars
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. |
Rating image, 5.00 out of 5 stars.
5.00 stars
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. |
Apply Now for Costco Anywhere Visa® Card by Citi
On Citi's Secure Website. |
Apply Now for Bank of America® Customized Cash Rewards credit card
On Bank of America's Secure Website. |
Apply Now for Citi® Double Cash Card – 18 month BT offer
On Citi's Secure Website. |
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Credit Rating Requirement:
Excellent (740-850)
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions. |
Credit Rating Requirement:
Good/Excellent (670-850)
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions. |
Credit Rating Requirement:
Good/Excellent (670-850)
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions. |
Welcome Offer: N/A |
Welcome Offer: $200 online cash rewards bonus after making at least $1,000 in purchases within the first 90 days of account opening $200 cash rewards |
Welcome Offer: N/A |
Rewards Program: 4% back on gas and EV charging ($7,000 annual spending cap), 3% back on restaurants and travel, 2% back on Costco purchases, 1% back on other purchases 1% - 4% back |
Rewards Program: 3% cash back in your choice category, 2% at grocery stores & wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), 1% on all other purchases. 1% - 3% cash back |
Rewards Program: 2% cash back: 1% when you buy plus 1% as you pay Up to 2% cash back |
Intro APR: Purchases: N/A Balance Transfers: N/A |
Intro APR: 0% Intro APR for 18 billing cycles for purchases. 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 18.24% - 28.24% Variable APR on purchases and balance transfers will apply. A 3% fee (min $10) applies to all balance transfers. Purchases: 0%, 18 billing cycles Balance Transfers: 0%, 18 billing cycles for any balance transfers made in the first 60 days |
Intro APR: N/A Purchases: N/A Balance Transfers: 0%, 18 months |
Regular APR: 19.49% (Variable) |
Regular APR: 18.24% - 28.24% (Variable) |
Regular APR: 18.24% - 28.24% (Variable) |
Annual Fee: $0 for Costco members |
Annual Fee: $0 |
Annual Fee: $0 |
Highlights:
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Highlights:
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Highlights:
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Apply Now for Costco Anywhere Visa® Card by Citi
On Citi's Secure Website. |
Apply Now for Bank of America® Customized Cash Rewards credit card
On Bank of America's Secure Website. |
Apply Now for Citi® Double Cash Card – 18 month BT offer
On Citi's Secure Website. |
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There are some areas where the Costco Anywhere Visa® Card by Citi falls short compared to the competition.
A minor criticism of this card's cash back rates is that it gets you just 2% back when you shop at Costco or Costco.com. Some store credit cards offer 3% or more back at their respective brands, so Costco's credit card comes up a bit short.
If you're looking for big sign-up bonuses, you won't find one with this card.
0% intro APR offers can save you money on expensive purchases that you need some time to pay off. Once again, the Costco Anywhere Visa® Card by Citi doesn't offer this kind of benefit. You'll need to check out other credit card reviews if that's what you're after.
The biggest frustration with this card is an archaic method of getting your cash back. After the close of your February billing statement, Costco will send you your cash back from the previous year. Most cardholders get a reward certificate, but Citi and Costco may decide on another method for cash back amounts of over $10,000.
The reward certificate is valid for cash back or Costco purchases, and you have until Dec. 31 of the year you get it to use it.
Getting your cash back once per year isn't ideal. What makes it even worse is that you lose all that cash back if your card is canceled before Costco sends you the reward certificate. Compared to other popular credit cards, this Costco credit card doesn't make it very user-friendly to cash in what you've earned.
See more: Best Citi Credit Cards
TIP
You can earn 2% back on purchases by becoming a Gold Star Executive Costco member. You'll still earn the 2% base rate this card offers, meaning a total of 4% back on regular purchases and 5% back on Costco Travel.
Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.
The recommended credit score to apply for the Costco Anywhere Visa® Card by Citi is 720 or higher. This credit card is intended for shoppers with excellent credit. You will also need to be a Costco member and provide your membership number when you apply.
You do most of your shopping at Costco or if you drive often and spend a lot of money on gas. It can be especially valuable for those families who ring up big Costco bills and want to start getting rewarded for it. And if you have a Costco Gold Star Executive membership, you should absolutely get the Costco Anywhere Visa® Card by Citi to boost your cash back.
If you shop at a variety of different retailers or if you want cash back you can redeem any time, then you're better off checking out these top cash back cards.
The minimum credit limit for the Costco Anywhere Visa® Card by Citi is $500, but it's possible to receive a much higher limit depending on your creditworthiness. Some cardholders have reported limits of more than $25,000 with this credit card.
You can use it anywhere Visa is accepted.
Yes, this card can help to build credit, any credit card can. Citi, the card issuer, reports card activity to all three consumer credit bureaus. When you use the card regularly -- and consistently pay the bill on time -- it can boost your credit score.
Our Credit Cards Expert
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