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Costco Anywhere Visa® Card by Citi

Cash Back
+521 Deal Score
2,192,887 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

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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.
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Created 03-24-2016 at 09:06 AM by leehg69
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Deal
Score
+521
2,192,887 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

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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....

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Joined Jun 2010
L9: Master
> bubble2 5,628 Posts
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rsveteran
03-24-2016 at 11:04 AM.
03-24-2016 at 11:04 AM.
Quote from fyu :
woah. somebody that can read stock number here.

there are more than just a stock.
Alrighty then. I provided information about two sets of numbers that show this hasn't been good for AmEx. Let's have you come up with one now that shows AmEx has/is expected to do well as result of the Costco account loss. Go ahead.
Reply
Joined Dec 2008
L6: Expert
> bubble2 1,823 Posts
464 Reputation
YoSlick
03-24-2016 at 11:04 AM.
03-24-2016 at 11:04 AM.
Quote from kothapet :
In addition to these are premium members still getting 2% back from Costco?

YES indeed
Reply
Joined Apr 2006
L10: Grand Master
> bubble2 10,476 Posts
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MAK1981
03-24-2016 at 11:04 AM.
03-24-2016 at 11:04 AM.
Quote from toppdealer :
Read through this thread and saw people reviewing how the Credit Limit and Balance will roll over to the new card. What about the Credit Length/History. The Costco AMEX is my highest limit card and longest history. If only the Balance transfers, and I close the AMEX, I wonder what the hit would be to my credit. Any thoughts?

If you have other cards with a history of several years... not much if any.
Reply
Joined Apr 2005
Moderately SD Resistant
> bubble2 4,272 Posts
1,286 Reputation
A.VOID
03-24-2016 at 11:04 AM.
03-24-2016 at 11:04 AM.
decisions... i was about to reject citi hard... mild dislike for them... but those benefits are the sheet
Reply
Joined Mar 2005
Space Ranger
> bubble2 2,382 Posts
532 Reputation
buzzman
03-24-2016 at 11:04 AM.
03-24-2016 at 11:04 AM.
Ahh - I didn't realize such a card existed. Does this work with warehouse gas pumps? I usually use Sallie Mae master card for my gas purchases outside Costco.
Reply
Joined Aug 2008
L3: Novice
> bubble2 160 Posts
127 Reputation
cffrost
03-24-2016 at 11:05 AM.
03-24-2016 at 11:05 AM.
Quote from fafzal :
Partially be outsourcing customer service to India. AmEx keeps it all American.
Quote from fafzal :
I guess I've been getting lucky. I always got domestic rep from Amex and never with Citi unless something gets escalated. maybe it's just my luck then or maybe the particular card. I have Premier Rewards card from Amex. It does carry a hefty $200 annual fee.
My AX AF is $450, almost 90% of my non-concierge calls were outsourced. OTOH calls to/from Discover ($0 AF) are always handled by a U.S. rep.

Quote from alanerickson :
I'm a Costco member but have zero interest or less in getting a Citibank Visa. Since I have other Visas can I decline / discontinue the Citibank Visa while still keeping my Costco membership?
Why would you decline the Costco Visa when Citi retains your account history and age, doesn't require a hard pull, AND gives 2% CB at Costco??
Reply
Last edited by cffrost March 24, 2016 at 11:13 AM.
Joined Oct 2013
L3: Novice
> bubble2 171 Posts
46 Reputation
exces6
03-24-2016 at 11:06 AM.
03-24-2016 at 11:06 AM.
I wish they were getting rid of the once-per-year payout structure for rewards. It seems antiquated and inconvenient in 2016.
Reply

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Joined Jun 2011
L5: Journeyman
> bubble2 845 Posts
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davin900
03-24-2016 at 11:06 AM.
03-24-2016 at 11:06 AM.
Quote from TofuVic :
Thank you for sharing this information. I like the 3% cash back on restaurants and 4% cash back on gas.

Is there another credit card without an annual fee that offers higher than 3% cash back on restaurants?

With this being managed by Citi, do others also think that we can generate virtual credit card numbers for this card?

Tofu Vic
The Sallie Mae Rewards Mastercard offers 5% back on gas, grocery stores, and bookstores (which includes Amazon purchases.
Reply
Joined Nov 2011
L7: Teacher
> bubble2 2,131 Posts
585 Reputation
ranjanrocks
03-24-2016 at 11:07 AM.
03-24-2016 at 11:07 AM.
with all the discount gas cards on Ebay i am set for the year on gas....unless there is a huge bonus i'll pass on this card...
Reply
Joined Aug 2012
L6: Expert
> bubble2 1,691 Posts
134 Reputation
predation
03-24-2016 at 11:09 AM.
03-24-2016 at 11:09 AM.
Quote from fyu :
citi is making like no money with this costco thing.
its all about data.

purchasing patterns is worth its weight in gold.
Reply
Joined Oct 2003
L9: Master
> bubble2 5,571 Posts
1,530 Reputation
RowdyReptile
03-24-2016 at 11:10 AM.
03-24-2016 at 11:10 AM.
Quote from toppdealer :
Read through this thread and saw people reviewing how the Credit Limit and Balance will roll over to the new card. What about the Credit Length/History. The Costco AMEX is my highest limit card and longest history. If only the Balance transfers, and I close the AMEX, I wonder what the hit would be to my credit. Any thoughts?
FWIW, both my Costco AmEx and my new Blue Cash Preferred AmEx say "Member since 04", though I've had neither of those cards that long. So from AmEx's perspective, you maintain your member history, but I don't know how this applies on your credit report.

Quote from aaba78 :
can i apply for this card if i dont shop at costco and dont have costco membership
I think you need a Costco membership first, and then can apply for the card. The membership is $55/yr, but you could make far more than that if you use it for gas and restaurants, depending on what your free alternatives are.

The problem is in redeeming the rewards. With the Costco AmEx, you get a voucher every year that you have to redeem at a Costco store. (If it's $100 reward and you only spend $20 at checkout, you get $80 cash back, for instance.) This new card doesn't detail the redemption method yet, but the Costco AmEx is definitely designed for Costco shoppers. In fact, my friend canceled her Costco membership prior to redeeming her annual reward check, and had to jump through some hoops to reactivate it.
Reply
Joined Sep 2005
L3: Novice
> bubble2 177 Posts
26 Reputation
duy
03-24-2016 at 11:10 AM.
03-24-2016 at 11:10 AM.
Would I receive the new card if I am a Costco member but currently do not have the Costco Amex card?
Reply
Joined Apr 2006
L10: Grand Master
> bubble2 10,476 Posts
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MAK1981
03-24-2016 at 11:10 AM.
03-24-2016 at 11:10 AM.
Quote from ranjanrocks :
with all the discount gas cards on Ebay i am set for the year on gas....unless there is a huge bonus i'll pass on this card...

I don't even use gas anymore since my Volt. So I hear ya.
Reply
Joined Apr 2013
L4: Apprentice
> bubble2 377 Posts
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LuvK6085
03-24-2016 at 11:10 AM.
03-24-2016 at 11:10 AM.
Typical Costco... Making sure... Customer is happy.... That's why I love Costco...
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Joined Dec 2008
L1: Learner FOREVER
> bubble2 814 Posts
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jlmooman3
03-24-2016 at 11:12 AM.
03-24-2016 at 11:12 AM.
How does this card compare to Chase Freedom?
Reply
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