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Costco Anywhere Visa® Card by Citi Expired

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+531 Deal Score
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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.


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Edited August 26, 2026 at 07:51 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:



Slickdeals may be compensated by Citi.
Created 03-24-2016 at 09:06 AM by leehg69
in Credit Cards (4) Citi - Bank Advertiser
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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.

2,344 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 Nov 2011
L7: Teacher
> bubble2 2,226 Posts
106 Reputation
Geronemo3
03-24-2016 at 11:12 AM.
03-24-2016 at 11:12 AM.
Quote from krayziejoe View quoted comment :
You can use any Visa to shop at Costco, right? I know right now it's still AMEX.
Yes I asked that yesterday and they said u can use any visa.
The costco AMEX wasn't a good deal for us customers i mean 1%CB on costco and 2% on gas.
Reply
Joined Oct 2007
L3: Novice
> bubble2 276 Posts
89 Reputation
raindoctor1
03-24-2016 at 11:12 AM.
03-24-2016 at 11:12 AM.
Quote from Ero View quoted comment :
Anybody knwo what happens with your AMEX? Will amex also convert you to another product, or do you need to apply for ANOTHER amex; hard pull and all?
AMEX is not going to send you a replacement card for your existing costco card. However, they send you a mailer to apply for a replacement card. They also email you that option: blue cash card, I believe.
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Joined Nov 2011
L7: Teacher
> bubble2 2,226 Posts
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Geronemo3
03-24-2016 at 11:13 AM.
03-24-2016 at 11:13 AM.
Quote from duy View quoted comment :
Would I receive the new card if I am a Costco member but currently do not have the Costco Amex card?
No u will have to apply.
I asked them yesterday at the store and they said since I already had the card I didn't have to apply and will get one automatically.
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Joined Jun 2008
L4: Apprentice
> bubble2 398 Posts
154 Reputation
kothapet
03-24-2016 at 11:14 AM.
03-24-2016 at 11:14 AM.
Quote from YoSlick View quoted comment :
YES indeed
Cool..
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Joined Apr 2006
L10: Grand Master
> bubble2 10,920 Posts
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MAK1981
03-24-2016 at 11:14 AM.
03-24-2016 at 11:14 AM.
Quote from a.garfield View quoted comment :
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.



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??

Perhaps he only had the AmEx because of Costco, and now more options opened to him due to Visa being more widely available. Something for everyone.
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Joined Feb 2015
New User
> bubble2 2 Posts
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LoriQ9030
03-24-2016 at 11:14 AM.
03-24-2016 at 11:14 AM.
Quote from padmanabhuni View quoted comment :
how is citi able to give these benefits and amex couldnot
The benefits are for this card for now, I would venture to guess they won't stay this attractive for long. I think the original AMEX benefits changed over time. Nothing stays permanent with Costco.
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Joined Nov 2014
L4: Apprentice
> bubble2 335 Posts
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Wietersh
03-24-2016 at 11:15 AM.
03-24-2016 at 11:15 AM.
Quote from tony412 View quoted comment :
Wow. If I ever need to find a needle in a hay stack I know who to call. LMAO
wave
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Joined Aug 2009
L6: Expert
> bubble2 1,624 Posts
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kls629
03-24-2016 at 11:15 AM.
03-24-2016 at 11:15 AM.
Can we ask to cancel the Visa without penalties to FICO score?
Reply
Joined Jan 2004
L4: Apprentice
> bubble2 353 Posts
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huahenryyan
03-24-2016 at 11:16 AM.
03-24-2016 at 11:16 AM.
Quote from kitkat1 View quoted comment :
can you cancel the existing amex card now and still get the citi or do you have to wait to get the citi card first
That is what I did half year ago and wonder if I still get the citi visa card.
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Joined Dec 2006
L11: Expert
> bubble2 2,736 Posts
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kitkat1
03-24-2016 at 11:17 AM.
03-24-2016 at 11:17 AM.
have you tried calling amex or citi
Reply
Joined Dec 2008
L6: Expert
> bubble2 1,857 Posts
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YoSlick
03-24-2016 at 11:18 AM.
03-24-2016 at 11:18 AM.
Quote from dealsofslick View quoted comment :
So Costco membership comes with this for free?
no it doesn't
Reply
Joined Dec 2007
L9: Master
> bubble2 5,474 Posts
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HY-SD
03-24-2016 at 11:19 AM.
03-24-2016 at 11:19 AM.
Quote from aaba78 View quoted comment :
can i apply for this card if i dont shop at costco and dont have costco membership
Of course you can. Just make sure you "shop at costco" and "have costco membership" from now on.
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Joined Feb 2009
L2: Beginner
> bubble2 68 Posts
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hththt
03-24-2016 at 11:20 AM.
03-24-2016 at 11:20 AM.
Quote from buzzman View quoted comment :
The 5% is misleading. Its 5x points, but when you want to redeem the points, the value decreased. So I'd say it's more like 4% rather than 5%.

By the way, Penfed Amex has 5x on airline ticket purchases if purchased directly from an airline.

Both cards do not have foreign transaction fee and I believe both have CHIP-and-PIN capability.
Penfed Amex is straight 5% on all airfare purchases. I don't think it has to be directly through the airlines
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Joined Oct 2003
L9: Master
> bubble2 5,620 Posts
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RowdyReptile
03-24-2016 at 11:22 AM.
03-24-2016 at 11:22 AM.
I'm just a single person, but looking at my spending last year across gas, restaurants, travel, and Costco, this would give me an extra ~$70/year. I'm definitely happy with this.

(Apart from quarters when Discover or Chase have better bonuses.)

I got the AmEx Blue Cash Preferred for the 6% on groceries, which pays for itself over the Blue Cash Everyday card if you spend ~$50/week at supermarkets. I didn't need an AmEx any more after Costco, but it occasionally has unique member offers so it's nice to have.
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Last edited by RowdyReptile March 24, 2016 at 11:28 AM.

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Joined Apr 2009
L5: Journeyman
> bubble2 679 Posts
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bpb1970
03-24-2016 at 11:27 AM.
03-24-2016 at 11:27 AM.
Quote from rsveteran View quoted comment :
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.
The switch to Citi is almost certainly based on the merchant fee that AMEX was charging Costco. Citi probably gave Costco an merchant fee rate that was lower thant AMEX was willing to go. If Warren Buffett is not worried abouth AMEX then I would not be worried. AMEX made $1 billion selling their $13.9 billion costco AMEX portfolio to Citi.

http://www.thestreet.com/story/13...eakup.html
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