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 | Variable APR for purchases, balance transfers, and Citi Flex Plans subject to an APR: 18.99% - 26.99% variable APR, based on your creditworthiness. The variable APR for cash advances is 28.99%. 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. No Authorized User fee |
| Network | Visa |
About this card
The Costco Anywhere Visa® Card by Citi presents a compelling value proposition for its specific target audience: active Costco members who frequently spend on gas, dining, and travel. Its most significant strengths include exceptionally high cash back rates in these categories (up to 5% on gas, 3% on dining/travel, 2% at Costco), coupled with a $0 annual fee (with an active Costco membership) and no foreign transaction fees. These features earn it high marks for its fee structure and rewards earning potential. However, the card is significantly held back by several critical drawbacks. The lack of an introductory APR period and a potentially high variable regular APR (up to 26.99%) can make carrying a balance quite costly, receiving a 'Fair' APR rating. More importantly, the reward redemption process is highly restrictive, with cash back issued only once a year as a certificate redeemable exclusively at U.S. Costco warehouses. This major inconvenience and lack of flexibility severely detract from the overall rewards value, despite strong earning rates. Furthermore, the absence of any sign-up bonus is a notable competitive disadvantage in today's market. While its niche appeal is strong, these limitations prevent it from achieving a higher 'Excellent' rating. Therefore, it merits a 'Good' overall rating of 3.3.
Pros & Cons
What's great
- No annual fee
- High rewards rate on gas, dining, travel, and Costco purchases
- Cashback on purchases
- No foreign transaction fees
- Travel and purchase protections
- Free FICO score access
Things to consider
- No intro APR period
- No sign-up bonus
- Potentially high regular APR
- High balance transfer fee
- High cash advance fees
- Rewards issued annually as a Costco certificate, limiting flexibility
What this card offers
Rewards
- 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.
- 5% and 4% earn is on a combined $7,000 spend per year, 1% thereafter
Other features
- Citi Entertainment®
- Free access to your FICO® Score
- Citi® Flex Pay with Costco
- No foreign transaction fees
- Global acceptance
- Damage & Theft Purchase Protection may cover you for repairs or reimbursement if purchases made with your Citi card are damaged or stolen within 120 days (90 days for New York residents) of purchase or delivery of the item.
- Travel & emergency assistance
- Worldwide Car Rental Insurance
- Roadside assistance dispatch service
- Citi® Quick Lock
- 24-hour fraud protection
- Chip-based card technology
- Automatic account alerts
- Choose your payment due date
- Paperless statements and e-communications
- Add Authorized Users
- 24/7 customer service
- Citi Mobile® App
- Contactless pay
- Digital Wallets
- Access FICO® Score
- Citi Entertainment® is an entertainment access program available to eligible Citi® credit card and Citibank® Debit Card customers. Citi cardmembers get special access to purchase tickets to thousands of events, including presale tickets and exclusive experiences to the year's most anticipated concerts, sporting events, arts and culture experiences.2
- Citi® Flex Pay Buy Now. Pay Later. A flexible and simple way to split eligible purchases into fixed monthly payments and pay over time using your eligible Citi® credit card.2
Additional Notes
Cash back earned from your Costco Anywhere Visa® Card by Citi 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. This offer may not be available if you leave this page. Offers may vary and this offer may not be available in other places where the cards are offered.