Costco Anywhere Visa® Card by Citi

Robin Saks Frankel  in  Cash Back How we rate our cards  |  Advertiser 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.

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Best for Costco shoppers

Annual Fee:
Purchase Intro APR:
Regular APR:
17.24%* (Variable)
Terms and Restrictions Apply

Bankrate Rating

Commonly used for: Auto Rental Insurance, Cash Back, EMV, Excellent Credit, Extended Warranty Program, Mobile Pay Ready, No Annual Fee, Presale Tickets, Purchase Protection, Rewards, Travel, Travel Accident Insurance, Unsecured credit card, Zero Fraud Liability.

Partner Offer

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% cash 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 eligible 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 bulk purchases from Costco are most likely to benefit from the rewards structure of this card.

  • No annual fee with your paid Costco membership.
  • 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 annual fee to own this card with your paid Costco membership, 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 $39.
• There are no foreign transaction fees.
• The standard APR is a variable 17.24%* 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.