Citi
Costco Anywhere Visa® Business Card by Citi
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | No signup bonus. |
| Rewards Rate | 1%-5% Cash Back on purchases. |
| Regular APR | Variable APR for purchases and Citi Flex Plans subject to an APR: % - % variable APR, based on your creditworthiness. For Citi Flex Plans subject to an APR, the variable APR is % - %, based on creditworthiness. The 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 | For Citi Flex Pay Plans subject to a Plan Fee, a monthly fee of up to % will apply, based on the Citi Flex Plan duration, the APR that would otherwise apply to the Transaction, and other factors. Fee for foreign purchases — None. Cash advance fee either $ or % of the amount of each cash advance whichever is greater. No Authorized User fee1 Minimum interest charge $ |
| Network | Visa |
About this card
The Costco Anywhere Visa® Business Card by Citi earns an overall rating of 3.5, placing it in the 'Good' category. This assessment considers its very strong earning potential in specific categories and excellent fee structure, balanced against significant drawbacks related to its APR, lack of sign-up bonus, and highly restrictive rewards redemption process. The card is a solid choice for a very specific audience but falls short of being an 'Excellent' card due to these critical limitations. Its overall value proposition is strong for loyal Costco business members who can maximize its high cash-back rates and consistently pay their balance in full, thereby avoiding its uncompetitive interest rates. However, for businesses that might carry a balance or desire flexibility in rewards, its appeal significantly diminishes. The strong brand reputation of both Citi and Costco somewhat mitigates these drawbacks, but the practical hurdles prevent a higher score. It's an average card with some very good features for a specific niche, but with notable limitations for a broader audience.
Pros & Cons
What's great
- No annual fee
- High cashback rewards in specific categories
- No foreign transaction fees
- Valuable cardholder benefits
- Free credit score access
- Business-specific features
Things to consider
- No sign-up bonus
- No intro APR period
- Cash advance fee applies
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.
Other features
- Purchasing power
- Easy bookkeeping
- Accessible reporting
- Your card doubles as your Costco membership card.
- Use your card everywhere life or business takes you, wherever Visa® is accepted
- 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.
- If you need assistance before or during a trip, services are available 24/7 for emergency travel arrangements, travel issues and much more. Referrals or assistance is at no cost, but you will pay for the services you use.
- You may be covered against theft or damage to a rental car when you pay for your rental with your Citi card and decline the rental company’s collision loss/damage insurance.
- If you have car trouble in the United States, Puerto Rico and the U.S. Virgin Islands, we’ll send help directly to your location. You are responsible for the costs of any services provided.
- Citi® Quick Lock
- Citi will alert you if we see unusual activity on your account.
- Chip card technology keeps the same card number but provides you with security and global acceptance.
- Stay updated on balance, payments or credit limits via email or text.
- Choose to pay your bill on any available due date in the beginning, middle or end of the month. Enjoy the flexibility of paying your full balance or just the minimum payment due each month.
- Reduce clutter and get your statements and most legal notices online instead of in the mail.
- Add an Authorized User to your account at no additional cost1 and earn points faster. After all, the benefits of this card are so amazing they're worth sharing.
- To save time and manage your account from anywhere, download the Citi Mobile® App. You can handle most of your banking needs right from your phone, 24/7.
- Manage your money when you want, where you want and the way you want. It's how Citi digital services help you get the most out of your time.
- Shop safely with a contactless, chip-enabled card. Just tap your card on the payment reader and go in seconds.
- Digital Wallets let you shop with confidence in millions of places online, within apps and in stores. With digital wallets you can speed through checkout and continue to enjoy all the great benefits that come with your card. Learn how to get started and how digital wallets can help protect your card information at citi.com/digitalservices.
- Free access to your FICO® Score
- Citi Entertainment®
- 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.
- Citi® Flex Pay with Costco
- No foreign transaction fees1
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 cards are offered. New cardmembers only. Subject to credit approval. Additional limitations, terms and conditions apply. You will be given further information when you apply.