If you’re a Costco member, you can earn a generous amount of cash back on everyday purchases — like gas and dining — with the Costco Anywhere Visa® Card by Citi, from our partner Citi.
Cardholders earn 4% cash back on eligible gas and EV charging purchases 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. If you max out the $7,000 spend cap on gas, you can earn $280 cash back on those purchases alone each year.
While the Costco Anywhere Visa® Card by Citi charges a $0 annual fee, beware that you will be responsible for paying an annual Costco membership.
We highlight the pros and cons of the Costco Anywhere Visa® Card by Citi to help you determine if it’s the right card for you.
Intro Purchase APR
N/A
Regular Purchase APR
20.49% (Variable)
Intro BT APR
N/A
Regular BT APR
20.49% (Variable)
Annual Fee
$0
Cash Advance Fee
5% of each cash advance; $10 minimum
Foreign Transaction Fee
0%
Balance Transfer Fee
Balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum
Cash back on everyday purchases
The Costco Anywhere Visa® Card by Citi offers 4% cash back on eligible gas and EV charging purchases 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.
Just know, certain purchases are not eligible for the elevated cash back rates. For example, gas purchased at superstores, supermarkets, convenience stores, warehouse clubs other than Costco and fuel used for non-automobile purchases do not qualify for the gas category. Purchases made at bakeries and certain restaurants and cafes inside department stores, grocery or warehouse clubs do not qualify for the restaurant category. And purchases made at timeshares, campgrounds, bed and breakfasts and purchases of train and commuter travel do not qualify for the travel category.
Annual fee
The Costco Anywhere Visa® Card by Citi comes with a $0 annual fee. But keep in mind you that you will be responsible for paying an annual Costco membership fee (more details below).
0% foreign transaction fees
With the Costco Anywhere Visa® Card by Citi, you won’t be charged additional fees when you use your card to make purchases outside of the U.S.
No sign-up bonus
Cash back cards typically provide the opportunity to earn a sign-up bonus, but the Costco Anywhere Visa® Card by Citi does not.
Limited redemption options
While cash back cards often allow cardholders to redeem rewards for cash or statement credits throughout the year, the Costco Anywhere Visa® Card by Citi only lets cardholders redeem rewards for merchandise or cash back at Costco warehouses located in the U.S., including Puerto Rico.
Additionally, rewards are only distributed one time per year (after your February billing cycle) and must be redeemed by December 31 of the year in which they are issued.
Costco membership required
You must have a Costco membership to apply for this card. An annual membership costs $60 for a Gold Star membership and $120 for an Executive membership.
If you want to earn a high cash back rate in popular spending categories, but want more flexibility in how you can redeem those rewards, the Blue Cash Preferred® Card from American Express is a much better fit.
The Blue Cash Preferred® Card from American Express offers 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more), 1% Cash Back on other purchases. Terms apply. Additionally, cardholders can earn a $250 statement credit after you spend $3,000 in purchases on your new card within the first 6 months. Cash back is earned in the form of Blue Cash Rewards Dollars.
Unlike the Costco Anywhere Visa® Card by Citi, which only lets you redeem cash back at Costco one time per year, the Blue Cash Preferred® Card from American Express lets you redeem your reward dollars for statement credits whenever your available reward balance is $25 or more.
The card does have a $0 intro annual fee for the first year, then $95. annual fee. However, if you max out the $6,000 spend cap on groceries — which will get you $360 — you’ll earn more than enough cash back to cover the annual fee each year.
Additionally, the Blue Cash Preferred® Card from American Express charges foreign transaction fees of 2.7% of each transaction after conversion to US dollars.
To see rates & fees for the Blue Cash Preferred® Card from American Express please click here.
| Credit Cards | Annual Fee | Welcome Offer | Rewards Rate | Regular APR | Recommended Credit Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion | |
|---|---|---|---|---|---|---|
Costco Anywhere Visa® Card by Citi
Learn More
on Citibank's secure site |
$0 | N/A | 4% cash back on eligible gas and EV charging purchases 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 | 20.49% (Variable) | Excellent |
Learn More
on Citibank's secure site |
|
Blue Cash Preferred® Card from American Express
|
$0 intro annual fee for the first year, then $95. | Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. | 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more), 1% Cash Back on other purchases. Terms apply. | 19.24%-29.99% Variable | Excellent/Good | |
Sam's Club Mastercard
Learn More
on Synchrony Bank's secure site |
$0 | $30 statement credit when you open a new account and make $30 in Sam's Club purchases within 30 days | 5% cash back on gas (on the first $6,000 per year, then 1%), 3% back on dining, 1% back on other purchases | 20.90% or 28.90% | N/A |
Learn More
on Synchrony Bank's secure site |
Discover it® Cash Back
 Apply Now
on Discover's secure site Rates & Fees |
$0 | Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300. | Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically. Redeem your rewards for cash at any time. | 17.24% - 28.24% Variable APR | Excellent/Good |
Apply Now
on Discover's secure site Rates & Fees |
The information related to the Costco Anywhere Visa® Card by Citi and the Sam's Club Mastercard has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.
If you regularly purchase gas, groceries and other household items from Costco, you may want to consider the Costco Anywhere Visa® Card by Citi, since the card offers a generous cash back rate that can be used to help offset the cost of those purchases.
But if you want to earn an elevated cash back rate in additional categories, like select streaming services, transit, and grocery store purchases — and you don’t want to be limited to redeeming those rewards at Costco — the Blue Cash Preferred® Card from American Express may be a better fit.
Just keep in mind, the Blue Cash Preferred® Card from American Express charges foreign transaction fees as well as an annual fee after the first year of card membership.
The information related to the Costco Anywhere Visa® Card by Citi has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.
