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Costco Anywhere Visa® Card by Citi

Cash Back
+520 Deal Score
2,192,213 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

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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
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+520
2,192,213 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.

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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 Mar 2009
L10: Grand Master
> bubble2 6,574 Posts
6,797 Reputation
freebies4me2
03-24-2016 at 11:58 AM.
03-24-2016 at 11:58 AM.
Quote from realog91 :
Anyone know if we'd be able to convert to this card from a CIti Dividend World Mastercard?

I have a Citi thank you premier card and just got off the phone asking if I can convert that card over to this card? The answer is no.

I canceled my Costco/amex credit card when it was announced the ending of the Costco/amex deal last year. I have other amex credit cards to use when I shop at Costco.

Currently, you can't apply for the citi/Costco card either. The conversion is only if you currently have the Costco/amex credit card.
Reply
Last edited by freebies4me2 March 24, 2016 at 12:02 PM.
Joined Oct 2007
L6: Expert
> bubble2 1,045 Posts
791 Reputation
BMFPitt
03-24-2016 at 11:59 AM.
03-24-2016 at 11:59 AM.
Quote from Wietersh :
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.
Or arguably $180-75, as you could be getting 3% on the regular Blue Cash.
Reply
Joined Oct 2011
L4: Apprentice
> bubble2 425 Posts
60 Reputation
signops
03-24-2016 at 12:00 PM.
03-24-2016 at 12:00 PM.
Quote from fafzal :
Partially be outsourcing customer service to India. AmEx keeps it all American.
I have several friends working in the Indian arm of Amex. There's no 100% american company except the small ones for whom there is no RoI in outsourcing.
Reply
Joined Mar 2013
L7: Teacher
> bubble2 2,037 Posts
157 Reputation
LamePeopleBlame
03-24-2016 at 12:02 PM.
03-24-2016 at 12:02 PM.
Quote from fafzal :
Partially be outsourcing customer service to India. AmEx keeps it all American.
trump alert laugh out loud
Reply
Joined Feb 2005
L9: Master
> bubble2 4,221 Posts
303 Reputation
whiteorchids
03-24-2016 at 12:03 PM.
03-24-2016 at 12:03 PM.
I guess I will go back to SAMs and request Costco membership fees back. I just joined two months ago. I like buying with my AMEX for extended warranty, and return protection. They are very quick on claims.
Reply
Joined Jan 2009
Just a Mile away.
> bubble2 7,461 Posts
1,415 Reputation
MrDeaals
03-24-2016 at 12:04 PM.
03-24-2016 at 12:04 PM.
for someone who goes to Costco only couple of times a month , will stay away from Citi card.

Will just throw in 55$ for costco membership and be done with it.
Reply
Joined Nov 2014
L4: Apprentice
> bubble2 331 Posts
80 Reputation
Wietersh
03-24-2016 at 12:09 PM.
03-24-2016 at 12:09 PM.
Quote from BMFPitt :
Or arguably $180-75, as you could be getting 3% on the regular Blue Cash.
Yes, but unless you spend under $2500 on groceries, the Preferred makes double the money.

Once you've spent $2500 on the Everyday, you've made $75 in cashback as there's no annual fee and the 3% is all credited to you. Once you've spent $2500 on the Preferred, 6% of that is $150, minus the $75 annual fee, puts you as $75. So every penny spent over $2500 is then double on the Preferred than the Everyday.

Only get the Everyday if you can't meet $2500 per year on groceries. $2500 per year is about $208 per month, or $52 per week. If you spend more than $50 on groceries per week (not at Costco & check other exceptions), the Preferred is a much better deal.
Reply
Last edited by Wietersh March 24, 2016 at 12:11 PM.

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Joined Dec 2008
L15: Baron
> bubble2 7,123 Posts
2,640 Reputation
unlimitedx
03-24-2016 at 12:09 PM.
03-24-2016 at 12:09 PM.
delete
Reply
Last edited by unlimitedx March 24, 2016 at 01:01 PM.
Joined Nov 2011
L7: Teacher
> bubble2 2,131 Posts
585 Reputation
ranjanrocks
03-24-2016 at 12:11 PM.
03-24-2016 at 12:11 PM.
Quote from MAK1981 :
I don't even use gas anymore since my Volt. So I hear ya.
how much did volt cost ya? just curious...
Reply
Joined Aug 2008
L2: Beginner
> bubble2 30 Posts
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willain
03-24-2016 at 12:13 PM.
03-24-2016 at 12:13 PM.
................
Reply
Last edited by willain March 24, 2016 at 12:15 PM.
Joined Jun 2010
L9: Master
> bubble2 5,628 Posts
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rsveteran
03-24-2016 at 12:14 PM.
03-24-2016 at 12:14 PM.
Quote from bpb1970 :
AMEX made $1 billion selling their $13.9 billion costco AMEX portfolio to Citi.
Or, put another way, they recouped just $1 billion on their 13.9 billion loss Wink

The article you linked to points to an overall grim picture for AmEx:

-Loss of as much as 8% of total cardholder spending volume in 2015
-Expectation that AmEx will cut $1 billion in expenses this year to bolster profit margins
-They may be forced to lower their MT fee, which is what they rely more on to make money off of (vs. interest/balances)
-Weaker bargaining power as it comes to MT fees

So long term, AmEx may come out OK, but short term, it's going to be rough--especially if management doesn't prove to be top notch as Buffett expects.
Reply
Joined Aug 2008
L2: Beginner
> bubble2 30 Posts
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willain
03-24-2016 at 12:14 PM.
03-24-2016 at 12:14 PM.
....................
Reply
Joined Apr 2006
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> bubble2 10,475 Posts
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MAK1981
03-24-2016 at 12:16 PM.
03-24-2016 at 12:16 PM.
Quote from ranjanrocks :
how much did volt cost ya? just curious...

After incentives, <$21K OTD. I really do love the car. For $35K, no way, but I got the 2015, get >40 mile range on nice days and 37mpg driving 70mph. March 31 we'll see what Tesla has up its sleeves.
Reply
Joined Jan 2008
L9: Master
> bubble2 5,034 Posts
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gaore
03-24-2016 at 12:17 PM.
03-24-2016 at 12:17 PM.
good citi card, but....

I own amex costco truearnning since 2009

will card switch hurt my credit history?

and,

this new card counts as a new credit card account
Reply

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> bubble2 37,299 Posts
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fyu
03-24-2016 at 12:18 PM.
03-24-2016 at 12:18 PM.
Quote from MAK1981 :
I don't even use gas anymore since my Volt. So I hear ya.
you still use gas just rarely. at least once a year.
Reply
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