Eligible Citi Costco Anywhere VISA Cardholders: Gas/Electric Vehicle Charging (EV)
4% Back
($7,000/year & 1% Thereafter)
+68Deal Score
69,137 Views
Citi is offering eligibleCiti Costco Anywhere VISA Cardholders: 4% Back on Eligible Gas/Electric Vehicle (EV) Charging Purchases Worldwide (for first $7,000 per year and then 1% thereafter) when you shop using this qualifying card.
Thanks to community member(s) FrancoisP59 & dirtyherry for finding this deal
Note, must use your eligible card to make your purchase to qualify.
4% cash back on eligible gas and EV charging purchases worldwide, including gas and EV charging at Costco, for the first $7,000 per year in gas and EV charging purchases and then 1% thereafter.
Certain Non-Qualifying Purchases. You will only earn 1% cash back, not 4% for gas and EV charging purchases made at superstores, supermarkets, convenience stores and warehouse clubs other than Costco or for fuel used for non-automobile purchases
This is not a deal per say but I think people can benefit knowing that the citi/Costco Visa card now provides 4% cashback on EV charging. I believe this added benefit started around July or August because I got only 1% cashback on my June charging sessions.
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This is very cool, but the real slickdeal is charging at home with TOU rates
Seriously. Even for gas 5% (PFCU) isn't a huge amount. That's like $3ish a week. YEs it's $150 a year but not like it's thousands of $$$
For reference a M3LR has a 70kwh pack and 4% supercharging at $0.25/kwh (same price I pay at home ironically) would save you a whopping $0.70 for a full charge.
If that entices you to buy a Tesla..... uh.......
And that's not taking into account that the cash back is only usable if you have a costco membership (I think they let you cash it, and not just use it on purchases).
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Maybe I'm lucky, but the local library has 4 free chargepoint chargers near me in the underground parking garage. I see all types of cars there charging for free (Tesla, Leaf, Prius, my own etc). Also, the local park garden (1 mile from me) has 2 free chargers, I think paid by the local government. The other times, I just charge at home.
If Tesla Supercharger is included, this would be good, especially for me since I do road trips to Canada and Costco Citi Visa also does not charge foreign transaction fees (Supercharger locations in Canada are charged in CAD) and now adds 4% CB for EV charging. Better than 1% or 2%, which is the standard.
Charging on Solar - great in theory but if you're commuting with your EV and your EV parked in a parking lot somewhere during the day, solar isn't that helpful. It works out great on weekends when I have my car plugged in and scheduled to charge when sun is glaring down on my roof, but that doesn't always happen. I also don't like to pull from my Powerwalls (70kwh battery in model 3 vs 27 kWh capacity from 2 Powerwalls) which is really for backup.
Disclaimer - I only got the Solar Roof for the looks and durability, solar was a plus.
Maybe I'm lucky, but the local library has 4 free chargepoint chargers near me in the underground parking garage. I see all types of cars there charging for free (Tesla, Leaf, Prius, my own etc). Also, the local park garden (1 mile from me) has 2 free chargers, I think paid by the local government. The other times, I just charge at home.
Many libraries here in CA have free L2 chargers. Depending on if you're already there, it's better to just charge wherever you are. Time is money.
I charge at home with my Juicebox 40 and it's ~30 cents per kW during off-peak for my plan. If I go to a Chargepoint, it varies, but sometime is cheaper than charging at home.
Many libraries here in CA have free L2 chargers. Depending on if you're already there, it's better to just charge wherever you are. Time is money.
I charge at home with my Juicebox 40 and it's ~30 cents per kW during off-peak for my plan. If I go to a Chargepoint, it varies, but sometime is cheaper than charging at home.
All the chargepoints near me that charge money are 13 cents per KW. I typically only use the free ones at library/aprk. My house is also around 13 cents. I'm in MD. CA very expensive.
Holy cow, 46 cents! Unaffordable. This deal is good to know, but kinda useless. Does anyone spend 5K a year on EV charging? Then you'll save 200 bucks? Big deal. Any regular credit card gives 1% back.
If you don't care or understand how small discounts on individual, regular transactions can add up over a longer period of time, then you might not fit in here on slickdeals…
Well I can put things in perspective. $1.40 a week is a grand total of $73 for a year. And that's for someone owning a M3LR. Chances are they spend more than that on coffee in a few weeks.
Plus, said person would already be saving 1% from literally any CC on the market, so the additional 3% is really only like $55 a year.
While we're talking about Costco... Why do people line up at the Costco Gas station on weekends? Waiting 30 minutes with the engine idling? Anyone know?
I have been using EVs since 2013. I have two EVs now. In all these years, I probably spent less than $100 on public paid EV charging. Majority of my charging happens at home (TOU) or at free charging stations. This car would have saved me $4 over 9 years.
However, new BEVs with 300+ miles range are arriving fast. This will increase BEV usage on road trips and usage of DCFC stations, which are about as expensive as gas stations. Maybe that will increase cash back potential but even then, majority of charging would still be at home. Unlike gas car owners who have no choice but to go to a gas station every time they need to refuel, EV owners can charge at home overnight most of the time, and often at reduced prices.
Well I can put things in perspective. $1.40 a week is a grand total of $73 for a year. And that's for someone owning a M3LR. Chances are they spend more than that on coffee in a few weeks.
Plus, said person would already be saving 1% from literally any CC on the market, so the additional 3% is really only like $55 a year.
How is this any different from filling up a gas tank reward at the same rate? $50 at 4% is $2. 3% additional is 3% additional and the Costco card carries a ton of benefits. Can't see any good reason you're being so down about this deal.
I have been using EVs since 2013. I have two EVs now. In all these years, I probably spent less than $100 on public paid EV charging. Majority of my charging happens at home (TOU) or at free charging stations. This car would have saved me $4 over 9 years.
However, new BEVs with 300+ miles range are arriving fast. This will increase BEV usage on road trips and usage of DCFC stations, which are about as expensive as gas stations. Maybe that will increase cash back potential but even then, majority of charging would still be at home. Unlike gas car owners who have no choice but to go to a gas station every time they need to refuel, EV owners can charge at home overnight most of the time, and often at reduced prices.
Good points and realistic. The typical pure EV owner will charge at home because it is convenient and they have house with garage. As the above poster states, DCFC rates are expensive, so not much value in charging there regularly. Only need to charge when on road trips, but how many 600 mile road trips are people doing each year.
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For reference a M3LR has a 70kwh pack and 4% supercharging at $0.25/kwh (same price I pay at home ironically) would save you a whopping $0.70 for a full charge.
If that entices you to buy a Tesla..... uh.......
And that's not taking into account that the cash back is only usable if you have a costco membership (I think they let you cash it, and not just use it on purchases).
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Charging on Solar - great in theory but if you're commuting with your EV and your EV parked in a parking lot somewhere during the day, solar isn't that helpful. It works out great on weekends when I have my car plugged in and scheduled to charge when sun is glaring down on my roof, but that doesn't always happen. I also don't like to pull from my Powerwalls (70kwh battery in model 3 vs 27 kWh capacity from 2 Powerwalls) which is really for backup.
Disclaimer - I only got the Solar Roof for the looks and durability, solar was a plus.
I charge at home with my Juicebox 40 and it's ~30 cents per kW during off-peak for my plan. If I go to a Chargepoint, it varies, but sometime is cheaper than charging at home.
I charge at home with my Juicebox 40 and it's ~30 cents per kW during off-peak for my plan. If I go to a Chargepoint, it varies, but sometime is cheaper than charging at home.
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Holy cow, 46 cents! Unaffordable. This deal is good to know, but kinda useless. Does anyone spend 5K a year on EV charging? Then you'll save 200 bucks? Big deal. Any regular credit card gives 1% back.
Plus, said person would already be saving 1% from literally any CC on the market, so the additional 3% is really only like $55 a year.
However, new BEVs with 300+ miles range are arriving fast. This will increase BEV usage on road trips and usage of DCFC stations, which are about as expensive as gas stations. Maybe that will increase cash back potential but even then, majority of charging would still be at home. Unlike gas car owners who have no choice but to go to a gas station every time they need to refuel, EV owners can charge at home overnight most of the time, and often at reduced prices.
Plus, said person would already be saving 1% from literally any CC on the market, so the additional 3% is really only like $55 a year.
However, new BEVs with 300+ miles range are arriving fast. This will increase BEV usage on road trips and usage of DCFC stations, which are about as expensive as gas stations. Maybe that will increase cash back potential but even then, majority of charging would still be at home. Unlike gas car owners who have no choice but to go to a gas station every time they need to refuel, EV owners can charge at home overnight most of the time, and often at reduced prices.
Sign up for a Slickdeals account to remove this ad.