Costco Anywhere Visa® Card by Citi

Robin Saks Frankel  in  Cash Back Advertising Disclosure
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Recommended Credit Score

Excellent (740 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Citi's secure website

Best for gas rewards for Costco members

Annual Fee:
Purchase Intro APR:
Balance Transfer Intro APR:
Regular APR:
17.49%* (Variable)
Terms and Restrictions Apply

Commonly used for: Cash Back, Good Credit, No Annual Fee, Rewards.

If you spend a ton on gas, or at Costco, and you don’t mind waiting to get your once-a-year disbursement, the Costco Anywhere Visa Card by Citi offers one of the industry’s highest payouts at the pump and is the only card offering year-round rewards for shopping at Costco.


Most rewards cards exclude the big warehouse clubs, but the Citi Costco Anywhere Visa pays 2% back for every $1 spent at the shopping behemoth. You also can earn fat rewards on everyday spending in other places like 4% back on gas up to $7,000 a year (then 1%), 3% back on restaurants and eligible travel purchases and 1% on all other spending.

The card has no annual fee, but you have to be a Costco member to apply, which will cost you $60 annually to join. If you max out the gas spending cap of $7,000, you’ll earn $280 back just for fueling up. And you’ll still earn 3% dining out and on travel, plus 2% in Costco and 1% everywhere else.

If you already have a Costco membership, it’s worth considering adding this card to your wallet for cash-back rewards you’ll earn at its warehouse stores. If you’re not a Costco member, but you know you’ll spend at least $7,000 a year on gas, it may be worth it to you to join just to get this card.

This otherwise excellent credit card loses points because the Costco Anywhere card comes with no sign-up bonus. That’s something consumers have come to expect from a quality rewards credit card.

Who should get this card

Typical suburban households who spend heavily on gas and groceries are most likely to benefit from the rewards structure of this card.

  • No annual fee.
  • The rewards rate is higher in some categories, like gas, than on many other cards.
  • There's no foreign transaction fees.
  • You have to be a Costco member to be eligible, which starts at $60 annually.
  • You can only redeem your rewards once a year when a coupon is mailed in February, and only in-person at a Costco for either merchandise or cash back.
  • If you don’t spend much on gas, or at Costco, you may be better off with another card.
  • There’s no sign-up bonus.

Fees and APR

• There’s no fee to own this card, but Costco membership is required, which starts at $60 annually for a basic membership.
• If you miss a payment or pay late, a penalty APR of up to 29.99% may apply indefinitely, plus you may incur a late fee of up to $39.
• There are no foreign transaction fees.
• The standard APR is a variable 17.49%* on purchases and balance transfers.

Extras, perks and using rewards

This card comes with all Citibank card benefits which include travel and emergency assistance, trip cancellation and interruption protection, lost and delayed baggage protection, roadside assistance and worldwide travel accident assistance.

Citi cardholders also get price protections with Citi Price Rewind, extended warranty protection and damage and theft purchase protections.

You’ll need to be patient, though, as you’ll only get your rewards once a year in February when Costco mails a redeemable certificate. You’ll need to bring that certificate to Costco to redeem for merchandise or cash at checkout.

How this card compares

Amazon Prime Rewards Visa Signature Card
  • 5% back at with an eligible Prime membership; otherwise 3% back
  • 5% back on Whole Foods Market purchases with an eligible Prime membership; otherwise 3% back
  • 2% back at restaurants, gas stations, and drug stores.
  • 1% back on all other purchases.
Credit Needed

Terms and Restrictions Apply | Rates and Fees
Regular APR

15.99% to 23.99%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.

Annual Fee

No Annual Fee.

Balance Transfers Intro APR

If you’re looking to earn maximum rewards back on your everyday shopping, you may want to consider the Amazon Prime Rewards Visa Signature Card. The card is free with a $99 Amazon Prime membership and the card pays 5% back on all purchases. Depending on how you spend, this card may result in greater net earnings for you.

Chase Freedom®
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 17.24-25.99%. Balance transfer fee is 3% of the amount transferred, $5 minimum
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Enjoy new 5% categories each quarter
  • Unlimited 1% cash back on all other purchases - it's automatic
  • Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
Apply Now On Chase's secure website
Credit Needed


Terms and Restrictions Apply
Regular APR

17.24% - 25.99% Variable

Annual Fee


Purchase Intro APR

0% Intro APR on Purchases for 15 months

Balance Transfers Intro APR

0% Intro APR on Balance Transfers for 15 months

The Chase Freedom card is fee-free and offers rotating bonus categories that pay 5% back, with a cap of $1,500 in each category and an unlimited 1% back on everything else. You also have to sign-up each quarter to get the bonus. An advantage of this card over Discover’s rotating bonus category cash-back cards it’s a Visa, which is more widely accepted than the Discover card.