Citi
COSTCO ANYWHERE VISA BUSINESS CARD BY CITI
Key Features
| Annual Fee | $0.00 |
| Regular APR | Purchase Rate: % - % variable APR, based on your creditworthiness1. Variable APR for purchases and Citi Flex Plans subject to an APR: % variable APR, based on your creditworthiness. The standard variable APR for cash advances is %. Variable penalty APR is up to % and applies if you pay late or your payment is returned. |
| Other Fees | Fee for Foreign Purchases — None. Cash Advance Fee — either $ or % of the amount of each cash advance whichever is greater. Minimum interest - $. |
| Network | Visa |
About this card
The Costco Anywhere Visa Business Card by Citi is a solid card for businesses that already have a Costco membership and spend a significant amount in the bonus categories, especially gas and dining. The high rewards rates (5% on gas, 3% on restaurants and travel) and no foreign transaction fees are attractive. However, the relatively high APR and inflexible rewards redemption (annual certificate redeemable only at Costco) hold it back. The card's value is heavily dependent on maintaining a Costco membership. Considering these factors, a rating of 3.1 is appropriate. While the fees are great and it can provide great value, the high APR and inflexible rewards hold it back from a higher rating.
Pros & Cons
What's great
- No annual fee
- Cashback on purchases
- No foreign transaction fees
Things to consider
- High regular APR
- No sign-up bonus
- Limited rewards categories
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 in 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.
Other features
- Damage & theft purchase protection
- No foreign transaction fees1
- Lost baggage protection
- Travel and emergency assistance
- Worldwide car rental insurance
- Travel accident insurance
- Roadside assistance dispatch service
- Use the Costco Anywhere Visa card as your Costco membership ID.
- Your card doubles as your Costco membership card.
- Tap Your Card with Contactless Pay
- Digital Wallets
- Citi Quick Lock
- Fraud Early Warning
- FICO Score
- Authorized Users
- Citi Entertainment
- Global Acceptance
Additional Notes
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 card is offered. Redeeming Costco Cash Rewards: Cash back will be provided as an annual credit card reward certificate in February billing statements, redeemable for cash or merchandise at U.S. Costco warehouses.