Citi
COSTCO ANYWHERE VISA® CARD BY CITI
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | No signup bonus |
| Rewards Rate | 1-5% Cash Back |
| Regular APR | Purchase Rate: 18.74% – 26.74% variable APR based on your creditworthiness. Variable APR for purchases, balance transfers, and Citi Flex Plans subject to an APR: 18.74% - 26.74% variable APR, based on your creditworthiness. The variable APR for cash advances is 28.74%. Variable penalty APR is up to 29.99% and applies if you pay late or your payment is returned. |
| Other Fees | Minimum interest charge 0.50. Fee for foreign purchases — None. Cash advance fee either 10 or 5% of the amount of each cash advance whichever is greater. Balance transfer fee either 5 or 5% of the amount of each transfer whichever is greater. For Citi Flex Pay Plans subject to a Plan Fee, a monthly fee of up to 1.72% will apply, based on the Citi Flex Plan duration, the APR that would otherwise apply to the Transaction, and other factors. |
| Network | Visa |
About this card
The Costco Anywhere Visa® Card by Citi is a good credit card, particularly for active Costco members who frequently spend in its bonus categories. It offers an excellent fee structure with no annual fee (contingent on an active Costco membership) and, crucially, no foreign transaction fees, making it highly valuable for both everyday use and international travel. The rewards program boasts very strong earning rates, especially for gas (up to 5%), dining and travel (3%), and Costco purchases (2%). These rates are highly competitive and can yield significant cash back for consumers whose spending aligns with these categories. However, the card is significantly held back by its notably high regular APR, which is not competitive for a card targeting individuals with 'Very Good' credit, and the complete absence of any introductory APR offers. Furthermore, the rewards redemption process is extremely restrictive, with cash back issued only once a year as a certificate redeemable solely at U.S. Costco Warehouses, limiting flexibility and immediate access. The lack of a sign-up bonus is another drawback in a competitive market where many cards offer substantial welcome incentives. While its benefits make it a solid choice for its specific niche, the limitations in APR and reward redemption prevent it from achieving a higher rating.
Pros & Cons
What's great
- No annual fee
- No foreign transaction fees
- High rewards rate on gas, dining, and travel
- Cashback on Costco purchases
- Includes travel and purchase protection benefits
Things to consider
- No sign-up bonus
- High regular APR
- High balance transfer fee
- Rewards distributed annually as a certificate
- Requires active Costco membership
What this card offers
Rewards
- Earn 5% cash back on gas at Costco and 4% cash back on other eligible gas and electric vehicle (EV) charging with the Costco Anywhere Visa®. The 5% and 4% earn is on a combined $7,000 spend per year, and then 1% thereafter.
- 3% on restaurants and eligible travel, including Costco Travel
- 2% on all other purchases from Costco and Costco.com.
- 1% on all other purchases.
- 5% cash back on gas purchased at Costco warehouse locations worldwide.
- 4% cash back on other eligible gas and electric vehicle (EV) charging purchases worldwide for the first $7,000 per year in combined Costco and other eligible gas and/or EV charging purchases. After reaching this limit, cash back drops to 1%.
- 3% cash back on restaurant purchases (including cafes, bars, lounges, and fast food restaurants) and eligible travel purchases worldwide, including airfare, hotels, car rentals, travel agencies, cruise lines, and Costco Travel. However, 1% cash back is earned on purchases made at certain bakeries, department store restaurants, grocery or warehouse clubs, timeshares, campgrounds, bed & breakfasts, and for train and commuter travel.
- 2% cash back on all other purchases from Costco and Costco.com.
- 1% cash back on all other purchases, including non-qualifying purchases listed above.
Other features
- Damage & theft purchase protection
- No foreign transaction fees
- Travel and emergency assistance
- Worldwide car rental insurance
- Travel accident insurance
- Roadside assistance dispatch service
- Your card doubles as your Costco membership card.
- Tap Your Card with Contactless Pay
- Digital Wallets let you shop with confidence in millions of places online, within apps and in stores.
- Damage & Theft Purchase Protection may cover you for repairs or a refund if purchases made with your Citi card are damaged or stolen within 120 days of purchase (90 days for New York residents).
- Citi® Quick Lock
- Fraud Early Warning
- View your FICO® Score online anytime, without impacting your score -- plus learn key factors affecting your score. It's updated monthly and easy to find on the Citi Mobile® App and Citi® Online. Checking your score is always FREE.
- Authorized Users
- Citi Entertainment®
- Global Acceptance
- Use the Costco Anywhere Visa® Card as your Costco membership ID
Additional Notes
Cash back earned from your Costco Citi card will be 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, including Puerto Rico.