Did this coupon
work for you?
work for you?
Frontpage
Advertiser Disclosure
Costco Anywhere Visa® Card by Citi
Cash Back
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:
Rates & Fees
Slickdeals may be compensated by Citi.
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
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:
Rates & Fees
Slickdeals may be compensated by Citi.
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.
Created 03-24-2016
at 09:06 AM
by leehg69
in
Credit Cards
(4)
See More Citi Offers
If you take advantage of an offer on our site, Slickdeals may receive a commission.
Recommended Deal Alerts For You
What are Deal Alerts?
Want more deals like this?
Create a deal alert for Credit Cards.
Add Deal Alert for Credit Cards
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.
More Credit Cards Deals & Discounts
View All
2,302 Comments
Your comment cannot be blank.
Featured Comments
Sign up for a Slickdeals account to remove this ad.
Well, depends a bit on what type of travel you do...
Personally it's not hard to get at least 2 cents a point from any of the 3 major programs, sometimes as much as 5 cents or more... UR is probably the most valuable of the 3 but they're all good in their own ways...
Which means "2x points" becomes at least 4% cashback, maybe as much as 10%.... 5x points becomes at least 10% back, maybe as much as 25%
I'm sure I'm forgetting some off top of my head but here's some of the better points cards and some of their bonus categories...
Cards that give Ultimate Rewards points- (Chase)
Chase Freedom- 5x UR up to $1500 each on gas, groceries, some restaurants, some warehouse clubs, some online shipping in rotating categories (always max this out)
Chase Sapphire Plus- 2x UR on tolls, parking, rental cars, trains, etc- also 2x UR on restaurants not otherwise covered by something better; also need this to get max value from UR as it allows transfer to travel partners plus gives primary car rental insurance among other benefits
Chase Ink Plus- 5x MR on internet, cell phone, cable, and office supply stores (including gift cards for other stores purchased at office supply stores) (note- downgrade this to Chase Ink Cash after you get the sign up bonus to avoid next annual fee- gets same bonus categories but 25k limit instead of 50k)
Chase Freedom Unllimited (new card)- 1.5UR on all non-category purchases- which beats the 2% of the citi double cashback.
Cards that give ThankYou points- (Citi)
Citi Prestige- 3x TU on hotels (and 4th night free), 2x TU on entertainment (movies, concerts, etc); High annual fee but easy to more than make it back with the benefits ($250/yr airline credit including on airfare, $100 global entry credit, UNLIMITED use of 4th night free for hotel stays, etc...)
Citi Premier- 3x TU on hotels (stays under 4 nights), gas, car rentals, tolls, etc, also 2x TU on entertainment
Cards that give Membership Rewards points (Amex)
Amex Everyday- 2.4x MR on groceries (up to 6k a year) as long as you have at least 20 transactions (may require splitting grocery purchases up a bit)- or possibly the Everyday Preferred if you spend a LOT on groceries (this one gives you 4.5x MR on groceries and 3x on gas with enough transactions but has a $95 AF)
There's a ton more MR cards, but they all have annual fees and to me the bonus categories and amounts mostly suck compared to your other options for everything but their signup bonuses
Bloomberg had a good story about this. Costco viewed them as a vendor AMEX thought they were partners. Citibank gave Costco a great deal.
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
Sam's club Mastercard gives 3% cash back at restaurants and travel and 5% cash back on gas.
Sign up for a Slickdeals account to remove this ad.
Personally it's not hard to get at least 2 cents a point from any of the 3 major programs, sometimes as much as 5 cents or more... UR is probably the most valuable of the 3 but they're all good in their own ways...
Which means "2x points" becomes at least 4% cashback, maybe as much as 10%.... 5x points becomes at least 10% back, maybe as much as 25%
I'm sure I'm forgetting some off top of my head but here's some of the better points cards and some of their bonus categories...
Cards that give Ultimate Rewards points- (Chase)
Chase Freedom- 5x UR up to $1500 each on gas, groceries, some restaurants, some warehouse clubs, some online shipping in rotating categories (always max this out)
Chase Sapphire Plus- 2x UR on tolls, parking, rental cars, trains, etc- also 2x UR on restaurants not otherwise covered by something better
Chase Ink Plus- 5x MR on internet, cell phone, cable, and office supply stores (including gift cards for other stores purchased at office supply stores) (note- downgrade this to Chase Ink Cash after you get the sign up bonus to avoid next annual fee- gets same bonus categories but 25k limit instead of 50k)
Chase Freedom Unllimited (new card)- 1.5UR on all non-category purchases- which beats the 2% of the citi double cashback.
Cards that give ThankYou points- (Citi)
Citi Prestige- 3x TU on hotels (and 4th night free), 2x TU on entertainment (movies, concerts, etc)
Citi Premier- 3x TU on hotels (stays under 4 nights), gas, car rentals, tolls, etc, also 2x TU on entertainment
Cards that give Membership Rewards points (Amex)
Amex Everyday- 2.4x MR on groceries (up to 6k a year) as long as you have at least 20 transactions (may require splitting grocery purchases up a bit)- or possibly the Everyday Preferred if you spend a LOT on groceries (this one gives you 4.5x MR on groceries and 3x on gas with enough transactions but has a $95 AF)
Tofu Vic
Ignore the "you get a bonus booking through our portal!" stuff.
You want to transfer the points to travel partners (hotels and airlines) where you get WAY more value out of them.
For example I booked a business class ticket from Boston to Dublin last year... this is a $3000 ticket if paying cash.
Even with a 20% bonus it would cost 250,000 UR via the portal. A value of only 1.2 cents a point
But by transferring only 50,000 UR to Avios I could buy the ticket using Avios
A value of 6 cents a point (or about 5.6 cents a point after taxes)
Note- that same plane ticket is now like 62.5k avios because they changed the reward chart... but that's still almost 5 cents a point.
The reason the values between the 3 point systems (UR, MR, and TU) varies a bit depending on how you travel is that each has different sets of airlines and hotels they can transfer to...some overlap (for example UR>MR for avios because they transfer 1:1 with UR, but 1:0.8 for MR) and some don't overlap (TU has no domestic airlines for example)
Question....
I'm not a business card holder but how are the rewards for them? same as individuals? Currently Amex gives them 4% cashback but only 3% to individual card holders.
Sign up for a Slickdeals account to remove this ad.
Tofu Vic
True story - I once saw a Costco employee at that particular Sam's Club, jotting down their ink cartridge prices. I don't know how much power a local store manager has over pricing, but my home Costco's prices on some items (like steaks) are lower than other Costcos.
Anyway, good info OP. I've been wondering about this, and was expecting it to be less than the Amex rewards.