The Costco Anywhere Visa® Card by Citi is available exclusively to Costco members. But if you carry a Costco membership, this card is a wallet staple for its increased rewards on gas, EV charging, restaurants and travel. The Costco Anywhere Visa® has no annual fee, but requires an annual Costco membership.
The card earns 4% back on eligible gas and EV charging on the first $7,000 of spending each year, plus unlimited 3% on restaurants and travel, including Costco travel. You’ll also earn 2% rewards on your other purchases from Costco and Costco.com. Notably, these rewards are in addition to the 2% rewards you can earn as a Costco executive member. Finally, the card earns 1% on all other purchases.
The Costco Anywhere Visa® Card rewards are marketed as “cash back,” but redeeming them is…quirky. You’ll receive your rewards as a Costco Cash certificate after your February statement. This certificate can be redeemed for merchandise or Cash only at a Costco location.
The Costco Anywhere Visa® Card by Citi doesn’t have too many other notable benefits, but it does offer Damage and Theft Purchase protection, which can cover your purchases if they are damaged or stolen within 120 days. The card notably no longer offers extended warranty coverage, though some items may receive an extended warranty through Costco Concierge Services.
If you are a small business owner, you can pick up the Costco Anywhere Visa® Business Credit Card by Citi, which offers the same cash back rewards.
Costco Anywhere Visa Card by Citi
The Costco Anywhere Visa Card by Citi offers no welcome bonus.
The link above is a link directly to the bank’s website. We don’t make money when you use the above link, but we always show you the best offer.
Card highlights:
Annual fee: $0, requires a paid Costco membership
Rewards: 4% on eligible gas and EV charging, for the first $7,000 per year. 3% on restaurants and eligible travel. 2% on all other purchases from Costco and Costco.com. 1% on other purchases.
Costco Anywhere Visa® Card by Citi at a glance
Here’s what you need to know about the Costco Anywhere Visa® Card by Citi.
Rewards
+ 4% back on eligible gas and EV charging, for the first $7,000 in spending per year, then 1%.
3% back at restaurants.
3% back on travel.
2% back at Costco and on Costco.com.
1% on all other purchases.
Rewards are earned as a credit card reward certificate, which you will receive after your February billing statement closes.
Benefits
Worldwide car rental insurance
Travel accident insurance
Damage and theft protection
Other important terms
No annual fee.
Requires Costco membership.
No foreign transaction fee.
Welcome bonus
The Costco Anywhere Visa Card by Citi offers no welcome bonus.
Costco Anywhere Visa® Card rewards
The Costco Anywhere Visa by Citi awards 1% cash back point per dollar spent on general purchases. The card offers increased rewards for gas and EV charging, restaurants and travel, plus 2% cash back for Costco purchases. Here are the details:
+ Gas and EV Charging: 4% cash back on eligible gas and EV charging, for the first $7,000 in spending per year, then 1%.
Dining: 3% cash back.
Travel: 3% cash back.
Costco and Costco.com: 2% cash back on all other purchases (non-travel, non-gas) from Costco and Costco.com.
Other purchases earn 1% cash back.
Unlike many other cash back rewards cards, the rewards you earn on your Costco credit card come in the form of a credit card reward certificate. Rewards are earned during the calendar year (January-December) and you receive accumulated rewards once your February statement closes. Your credit card reward certificate must be redeemed in a single transaction at a Costco warehouse as a merchandise credit or cash back.
How to apply:
Costco Anywhere Visa Card by Citi
The Costco Anywhere Visa Card by Citi offers no welcome bonus.
The link above is a link directly to the bank’s website. We don’t make money when you use the above link, but we always show you the best offer.
Card highlights:
Annual fee: $0, requires a paid Costco membership
Rewards: 4% on eligible gas and EV charging, for the first $7,000 per year. 3% on restaurants and eligible travel. 2% on all other purchases from Costco and Costco.com. 1% on other purchases.
A few notes on applying for Citi credit cards
- Citi has limits on the number of applications you can submit. You can only apply for one personal card every eight days and no more than two cards every rolling 65 days. Business cards are subject to the same eight-day limitation, but you can apply for no more than one business card every 95 days.
- You can get a new customer welcome bonus on Citi cards multiple times, but Citi has rules on how often you can earn a welcome bonus.
- ThankYou Point welcome offers are typically not available if you’ve received a new account bonus on the same card in the past 48 months.
- Welcome bonuses on AAdvantage cards are only available if you have not received a welcome bonus for the same card within the past 48 months.
- There is no limit to the number of Citi cards you can hold.
- You can check your application status on the Citi website or by calling 1-866-606-2787.
Benefits of the Costco Anywhere Visa® Card
Here is a summary of the benefits offered with the Costco Anywhere Visa® Card.
Travel insurance benefits
Cards targeted toward travelers often offer travel insurance benefits that can protect you when you are traveling away from home. Terms and restrictions apply to all benefits.
Worldwide car rental insurance – Worldwide car rental insurance protects you against damage or theft to your rental vehicle. For coverage to apply, you need to reserve and pay for your vehicle using your card and decline your car rental company’s collision damage waiver. The coverage provided by the Costco Visa is secondary to your personal auto insurance within the United States. This means that you will be required to make a claim against your personal auto insurance before this policy will pay. Outside the United States, the benefit is primary insurance. Additional terms apply. See your card’s guide to benefits for details.
Travel accident insurance – Travel accident insurance typically covers you for things like accidental death or dismemberment when you are traveling. Policy terms vary, so see your card’s guide to benefits for details.
Consumer insurance benefits
Many cards offers consumer insurance benefits that can protect the things you buy. Terms and restrictions apply to all benefits.
Damage and theft protection – Damage and theft protection protects the things you buy with your card from damage or theft for a certain amount of time after you buy them. The protection on the Costco Anywhere Visa® Card provides protection on many items for 120 days from the date of purchase, up to $1,000 per claim and $50,000 per year.