In the realm of credit cards designed for savvy shoppers and frequent travelers, the Costco Anywhere Visa® Card by Citi stands out as an exceptional choice. Exclusively available to Costco members, this card offers substantial cash back rewards on everyday purchases: 4% on gas, 3% on dining and travel, 2% on Costco purchases, and 1% on all other purchases.

Alongside its generous rewards structure, the card provides essential benefits like no annual fee for Costco members, purchase protection, and travel insurance, making it a versatile tool for maximizing savings and security while shopping and traveling.

Key information about the card

The Costco Anywhere Visa® Card by Citi is tailored exclusively for Costco members, offering significant cash back rewards across various spending categories. Cardholders earn 4% cash back on eligible gas purchases worldwide, including at Costco for the first $7,000 per year (then 1%). Additionally, they earn 3% cash back on dining and eligible travel expenses, 2% on all purchases made at Costco or Costco.com, and 1% on all other purchases.

This tiered rewards structure aims to maximize rewards on everyday expenses such as fuel and dining, as well as on purchases made within Costco’s ecosystem. By offering higher cash back percentages on these categories, the card encourages frequent use among Costco members, providing a practical way to earn significant rewards on both routine and special purchases alike.

Beyond its cash back benefits, the Costco Anywhere Visa® Card by Citi offers additional advantages tailored for Costco members. Notably, it features no annual fee for Costco members, enhancing its value proposition. Moreover, the card provides valuable perks such as purchase protection and travel insurance, offering cardholders peace of mind during their shopping and travel experiences.

This combination of a comprehensive rewards system and robust benefits makes the Costco Anywhere Visa® Card by Citi an ideal choice for Costco members seeking to earn rewards on everyday purchases while benefiting from enhanced security and protection. Whether shopping at Costco or elsewhere, cardholders can maximize their savings and enjoy added reassurance with these built-in features.

Qualification requirements

To qualify for the Costco Anywhere Visa® Card by Citi, applicants must maintain an active Costco membership. This requirement is crucial as it enables cardholders to fully leverage the card’s benefits and rewards, which are uniquely designed for frequent Costco shoppers. By holding a Costco membership, cardholders can maximize their cash back rewards across essential categories such as gas, dining, and travel, both at Costco and elsewhere.

This membership also serves as a convenient way to integrate the card into Costco’s ecosystem, facilitating seamless transactions and identification as a Costco member. Overall, the active Costco membership requirement ensures that users can enjoy the full spectrum of benefits offered by the Costco Anywhere Visa® Card by Citi, making it an optimal choice for Costco enthusiasts looking to earn rewards on their everyday and Costco-related expenditures.

Additionally, maintaining an active Costco membership allows cardholders to seamlessly integrate the Costco Anywhere Visa® Card by Citi as their Costco membership ID. This integration enhances convenience during shopping experiences at Costco locations, streamlining transactions and providing easy identification as a Costco member.

Therefore, the active Costco membership prerequisite not only validates eligibility for the card but also amplifies its overall value proposition for dedicated Costco shoppers. By serving dual purposes as both a credit card and a membership identification tool, the Costco Anywhere Visa® Card by Citi ensures that Costco members can efficiently access exclusive benefits and rewards while enjoying a seamless shopping experience within the Costco ecosystem.

Benefits

The card offers a range of benefits beyond its cash back rewards:

• No annual fee: for cardholders who maintain a paid Costco membership.
• Damage and theft purchase protection: providing peace of mind for purchases made with the card.
• No foreign transaction fees: making it an ideal companion for international travel.
• Travel and emergency assistance: services, including worldwide car rental insurance and travel accident insurance.
• Roadside assistance dispatch service: adding an extra layer of security during travels.

Pros

The Costco Anywhere Visa® Card by Citi combines high cash back rewards with valuable benefits like travel insurance and purchase protection, all without an annual fee for Costco members.

• High cash back rates: on gas, dining, and travel.
• No foreign transaction fees: making it suitable for international use.
• Additional benefits: like travel insurance and roadside assistance enhance cardholder value.

Cons

While the Costco Anywhere Visa® Card by Citi offers robust rewards, it does come with a few considerations.

• Requires a Costco membership: to apply and maintain benefits.
• High APR: of 20.49% variable APR for purchases and balance transfers.
• Cash back redemption: limited to Costco rewards annually.

How to apply

Applying for the Costco Anywhere Visa® Card by Citi is straightforward:

• Ensure you have an active Costco membership.
• Visit the Costco website or apply in person at a Costco location.
• Complete the application with required personal and financial information.
• Await approval, typically with a quick response time.

Is the card worth it?

Considering its substantial cash back rewards, lack of annual fee with a paid Costco membership, and comprehensive travel and purchase protections, the Costco Anywhere Visa® Card by Citi proves to be a worthwhile choice for Costco members who frequently spend on gas, dining, and travel.

The card’s generous rewards structure allows for significant savings on everyday purchases, while its perks like no foreign transaction fees and various insurance coverages enhance its value proposition. Although potential drawbacks include a relatively high APR and the necessity of maintaining a Costco membership, the benefits far outweigh these concerns for those who can fully leverage its rewards and protections.

Overall, the Costco Anywhere Visa® Card by Citi stands out as an advantageous option for Costco shoppers seeking to optimize their spending and enjoy enhanced financial benefits.

Conclusion

In conclusion, the Costco Anywhere Visa® Card by Citi offers compelling rewards and benefits tailored specifically to Costco members. With generous cash back rates on everyday purchases such as gas and dining, coupled with extensive travel and purchase protections, this card enriches both shopping and travel experiences while rewarding loyalty to Costco.

For individuals who frequent Costco and value a versatile rewards card without an annual fee, the Costco Anywhere Visa® Card by Citi presents a valuable option worth serious consideration. Its combination of financial benefits, including no foreign transaction fees and various insurance coverages, makes it a practical choice for maximizing savings and enjoying added security in everyday spending and travel scenarios.