Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Frontpage Advertiser Disclosure

Costco Anywhere Visa® Card by Citi

Cash Back
+521 Deal Score
2,193,127 Views
Citi is offering 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter with the Costco Anywhere Visa® Card by Citi for Costco Members. No annual fee.

Details:
  • Discover one of Citi's best cash back rewards cards designed exclusively for Costco members
  • Earn 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter.
  • 3% cash back on restaurants and eligible travel purchases and eligible travel, including Costco Travel.
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases
  • No annual fee with your paid Costco membership and enjoy no foreign transaction fees on purchases
  • Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico


Rates & Fees

Slickdeals may be compensated by Citi.

Original Post

Written by
Edited March 26, 2025 at 10:37 AM by
Citi is offering 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter with the Costco Anywhere Visa® Card by Citi for Costco Members. No annual fee.

Details:
  • Discover one of Citi's best cash back rewards cards designed exclusively for Costco members
  • Earn 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter.
  • 3% cash back on restaurants and eligible travel purchases and eligible travel, including Costco Travel.
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases
  • No annual fee with your paid Costco membership and enjoy no foreign transaction fees on purchases
  • Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico


Rates & Fees

Slickdeals may be compensated by Citi.
Add Comment
Created 03-24-2016 at 09:06 AM by leehg69
If you take advantage of an offer on our site, Slickdeals may receive a commission.
Deal
Score
+521
2,193,127 Views
Cash Back
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

2,302 Comments

Your comment cannot be blank.

Featured Comments

I'm sure it's been mentioned and buried but extended warranty benefit goes away next month which sucks
Uhh yeah I have an Amex, this is not true lol
I'm sure citi fought hard in the bidding process to beat Amex to get the Costco account. Part of the terms were probably to offer better benefits for the customer....

Sign up for a Slickdeals account to remove this ad.

Joined Jan 2011
L8: Grand Teacher
> bubble2 3,254 Posts
380 Reputation
Wand
03-24-2016 at 10:47 AM.
03-24-2016 at 10:47 AM.
Quote from henny :
Costco is the one and only reason I carry an Amex card.

Not much need for Amex anymore unless there's a bonus sign up offer.
That, Shoprunner and Amex deals are the only reasons I have Amex card

Quote from grueber :
Very nice.

CYA AMEX.
Yep Amex sucks.
Reply
Joined Sep 2013
L4: Apprentice
> bubble2 481 Posts
80 Reputation
ankysrulz
03-24-2016 at 10:48 AM.
03-24-2016 at 10:48 AM.
Quote from heyitsjimmy :
does anybody know what happens to my current amex reward dollars by the switchover? will they send me a check? or shoudl i stop using the card now?

they told it will be transferred to new citicard for which details will be coming with new card or at a later date. they mentioned that it will be dictated by citi tough. I got this in mail few days back from AMEX
Reply
Joined Jul 2004
PuttPuttn
> bubble2 330 Posts
79 Reputation
slowride
03-24-2016 at 10:48 AM.
03-24-2016 at 10:48 AM.
Quote from knexx :
penfed credit union has a 5% on gas cc year round, no annual.
Does the penfed 5% work at costco gas pumps?
Reply
Joined Dec 2008
L5: Journeyman
> bubble2 996 Posts
181 Reputation
toddwz
03-24-2016 at 10:49 AM.
03-24-2016 at 10:49 AM.
Reply
Joined Sep 2014
L2: Beginner
> bubble2 31 Posts
18 Reputation
Ovation2006
03-24-2016 at 10:49 AM.
03-24-2016 at 10:49 AM.
Quote from fafzal :
Partially be outsourcing customer service to India. AmEx keeps it all American.

Every rep I have talked to over the phone has been Indian with amex
Reply
Joined Sep 2009
L10: Grand Master
> bubble2 15,320 Posts
4,338 Reputation
Knightshade
03-24-2016 at 10:50 AM.
03-24-2016 at 10:50 AM.
Quote from PassiveX :
I spend a lot on restaurant and have been looking for a card that gives good cashback on it. 3% is way better than the 1% I've been getting on other cards.

Have Amex blue (old one with 6k threshold before 5% gas, groceries, drugstores kick in), chase freedom, discover.
Capital one too but only for zero foreign transaction fee.

If you have a freedom then you should get a Chase Sapphire Preferred.


This gives 2x Ultimate Rewards points on restaurants, and since UR points are worth more than 1.5 cents that beats 3% cashback.

Plus it'll greatly increase the value of your freedom points because instead of the crap 1-cent-a-point you get for them now you can transfer them to travel partners and get 2-5 cents a point.


(Note- if you never travel, and don't have any friends who do either, you can ignore all of the above as you won't have any way to get the higher value out of UR points)
Reply
Joined Aug 2007
Temporally unavailable
> bubble2 37,299 Posts
4,561 Reputation
fyu
03-24-2016 at 10:51 AM.
03-24-2016 at 10:51 AM.
Quote from rsveteran :
Lower profit stuff? They lost nearly 40% of their cards. Just take a look at their stock: double digit drop-off.
woah. somebody that can read stock number here.

there are more than just a stock.
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Jul 2013
L2: Beginner
> bubble2 85 Posts
179 Reputation
blacknwhite77
03-24-2016 at 10:51 AM.
03-24-2016 at 10:51 AM.
I have BofA travel rewards card that gives you 1.5% on everything. And I also get 20% on the bonus because I keep my checking account with them as well. Would that be better for using in Costco than their card?
Reply
Joined Jun 2009
L5: Journeyman
> bubble2 776 Posts
417 Reputation
PHPpro
03-24-2016 at 10:51 AM.
03-24-2016 at 10:51 AM.
Quote from krayziejoe :
You can use any Visa to shop at Costco, right? I know right now it's still AMEX.
You have always been able to use a visa debit card, but, as I understand it, you can also use a visa credit card.
Reply
Joined Dec 2008
L8: Grand Teacher
> bubble2 3,391 Posts
567 Reputation
JoeyBananas523
03-24-2016 at 10:52 AM.
03-24-2016 at 10:52 AM.
Quote from PHPpro :
You have always been able to use a visa debit card, but, as I understand it, you can also use a visa credit card.

Well I'm not putting a $2000 TV on my debit card lol
Reply
Joined Sep 2012
L6: Expert
> bubble2 1,259 Posts
93 Reputation
dealsofslick
03-24-2016 at 10:52 AM.
03-24-2016 at 10:52 AM.
So Costco membership comes with this for free?
Reply
Joined Dec 2008
L6: Expert
> bubble2 1,823 Posts
464 Reputation
YoSlick
03-24-2016 at 10:53 AM.
03-24-2016 at 10:53 AM.
Quote from clarkkent06 :
I don't think so, 3% is pretty high on restaurants, and 4% on gas. The cards with rotating categories will beat these for 1/4 of the year, for example Freedom offers 5% on gas right now until April 1, but I don't think there's a 4% yearly gas card for no fee.

Pretty good card, it looks like
Sams Mastercard is 5% on gas, 3% on dining and 1% on everything else 100% of the time
Reply
Joined Sep 2014
L4: Apprentice
> bubble2 401 Posts
43 Reputation
elduce
03-24-2016 at 10:53 AM.
03-24-2016 at 10:53 AM.
Great it sounds like my end of year cash bonus will be closer to $400 instead of $330 with the higher cash back. AMEX is pushing HARD To not lose the business. Every time I login to site they hammer me to click link to take their Blue Card, not to mention the snail mailing received multiple times monthly. I'd say they're expecting to take a hit... see if 2016 Q4 earnings call mentions this. :-)
Reply
Joined Dec 2008
L4: Apprentice
> bubble2 462 Posts
155 Reputation
tony412
03-24-2016 at 10:53 AM.
03-24-2016 at 10:53 AM.
Quote from Wietersh :
Interesting question.

To max out the AmEx Blue Cash Preferred groceries category for the year, you only need to spend $6,000 in groceries. That's $500 per month. That's not much. Now, this assumes that you can't fulfill all of your grocery needs at Costco, which we personally can't.

6% (AmEx Blue Cash Preferred groceries category) on 6,000 is $360. Minus $75 (annual fee) is $285. That's what you get for groceries on the AmEx Blue Cash Preferred - $285.

Since the Citi Costco doesn't cover non-Costco groceries, the best you'll get from any other combinations of cards is the Citi Double Cash 2%, along with the Discover IT/Chase Freedom rotating 5% on groceries. Generously assuming that average between the Citi Double Cash and the Discover IT/Chase Freedom cashback on groceries over the course of the year is about 3% (Citi Double Cash year-round + Discover/Chase occasional 5%), that would be $180 in groceries cash back. AmEx Blue Cash Preferred is $100 over that, even with the annual fee.

Is $100 worth it? Not sure. We currently have the AmEx Everyday, but are thinking about upgrading to the Blue Cash Preferred. No real downside if there's no credit pull. Alternatively, we could wait for the AmEx Preferred $250 sign-up and open a new account. Then you get the 6% as above, along with $250, which is basically 2.5 years worth of the card's cash back. That's probably the best option, although I would be left with a useless Blue Cash Everday. I suppose I could have my girlfriend open a Blue Cash Preferred with the sign-up and 6%, then I could upgrade mine, and then once we hit the $6,000, we can switch to the other card and also get 6%. Now we're talking, as that's basically 6% on $12,000 in groceries, which is unlimited for us as we're a young couple.

EDIT: if you go incognite/private mode, the AmEx Blue Cash Preferred still has the $250 sign-up bonus. They advertise a max of $450, as you can get 10% back at a wireless provider. Very nice if you're buying a phone in the near future.
Wow. If I ever need to find a needle in a hay stack I know who to call. LMAO
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Mar 2005
Space Ranger
> bubble2 2,382 Posts
532 Reputation
buzzman
03-24-2016 at 10:53 AM.
03-24-2016 at 10:53 AM.
Quote from toddwz :
I'm waiting for fidelity. https://www.nerdwallet.com/blog/c...rdholders/
Yep. I'm currently using their Amex version for Costco purchases to get the 2%. If you use the points to purchase airline tickets, the return is actually a little greater. For example, you could get a $300 ticket for 25k points in some cases.

Once converted to VISA, I'll use this card for my Costco purchases and others where I cannot get >2x points using other cards.
Reply
Page 10 of 154
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.