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Costco Anywhere Visa® Card by Citi

Cash Back
+520 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.

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
+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 Nov 2012
RIP $$$
> bubble2 145 Posts
42 Reputation
rub1k
03-24-2016 at 02:31 PM.
03-24-2016 at 02:31 PM.
Quote from mnsweeps :
Its still a backward ass CHIP card. Its a chip and signature instead of chip and PIN which is used all around the world except U.S

https://www.citi.com/credit-cards...ogy-videod
Yes, but so all other credit cards in the US (chip & signature instead of chip & PIN), so this isn't Citi's or any one entity's fault.

We'll probably have chip & PIN widely used in the US in 5-10 years or something. Hopefully it's still secure by then!
Reply
Joined Oct 2003
L9: Master
> bubble2 5,571 Posts
1,530 Reputation
RowdyReptile
03-24-2016 at 02:34 PM.
03-24-2016 at 02:34 PM.
Quote from Boydasma :
My AmEX gets charge automatically for my Costco membership renewal and it expires this May. Not sure if anyone already asked or answered, but will Costco automatically charge my AmEx in May then I wont be able to use it after June 10. That would suck for just being able to use it for just a month or so.
The charge is for your Costco membership, not for your AmEx. So if you're charged in May on your AmEx, your Costco membership will then be good through May 2017.
Reply
Joined Jul 2008
L10: Grand Master
> bubble2 6,248 Posts
822 Reputation
F1Racer
03-24-2016 at 02:35 PM.
03-24-2016 at 02:35 PM.
Quote from bpb1970 :
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

But they also loss with the Costco partnership, which represented 8%, or $80 billion, of American Express' billed business and about 20%, or $14 billion, of its interest-bearing credit portfolio.

http://www.latimes.com/business/l...story.html

10 percent of the 112 million Amex cards were Costco-branded.
http://www.bloomberg.com/features...st-costco/
Reply
Last edited by F1Racer March 24, 2016 at 02:41 PM.
Joined Dec 2008
L8: Grand Teacher
> bubble2 3,247 Posts
1,643 Reputation
Pro
qkumbr
03-24-2016 at 02:36 PM.
03-24-2016 at 02:36 PM.
Would dump Sam's Club in a heartbeat if there were and Costcos in my area.
Reply
Joined Feb 2009
L7: Teacher
> bubble2 2,066 Posts
193 Reputation
vivithemage
03-24-2016 at 02:38 PM.
03-24-2016 at 02:38 PM.
I do not have this card, but I have a membership, if I sign up for this card when it comes out, will I also get a membership?
Reply
Joined Mar 2015
New User
> bubble2 17 Posts
10 Reputation
Postal1604
03-24-2016 at 02:45 PM.
03-24-2016 at 02:45 PM.
Amex has been very aggressive to replace the Costco Amex card with their Blue card. The blue cash everyday card offers 3% at supermarkets, 2% on fuel and department stores, 1% everything else. Very disappointing when you compare it to the old Costco/Amex card.

I'm surprised that no one is mentioning Sam's club Mastercard. You get 5% back on fuel, 3% on travel and restaurants, 1% on everything else. It works exactly like the Costco card..
Reply
Joined Feb 2004
L8: Grand Teacher
> bubble2 3,202 Posts
253 Reputation
mnsweeps
03-24-2016 at 02:45 PM.
03-24-2016 at 02:45 PM.
Quote from rub1k :
Yes, but so all other credit cards in the US (chip & signature instead of chip & PIN), so this isn't Citi's or any one entity's fault.

We'll probably have chip & PIN widely used in the US in 5-10 years or something. Hopefully it's still secure by then!
Wrong. My Logix CU Mastercard comes with chip + PIN and I have used it with PIN in many kiosks in Europe.

https://www.logixbanking.com/loan...s/platinum

https://www.youtube.com/watch?v=oPylCZz4o80
Reply

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Joined Feb 2016
L1: Learner
> bubble2 23 Posts
10 Reputation
CLS-1992
03-24-2016 at 02:46 PM.
03-24-2016 at 02:46 PM.
4% on gas...where do I sign up?
Reply
Joined Dec 2004
L5: Journeyman
> bubble2 534 Posts
213 Reputation
rminor
03-24-2016 at 02:49 PM.
03-24-2016 at 02:49 PM.
Not sure if I'll use this for anything other than Costco. My samsclub MC pays 5% on gas and 3% on dining and travel. I use the citi double cash back card everywhere else unless discover or chase gives more during a quarter.
Reply
Joined Oct 2009
L5: Journeyman
> bubble2 848 Posts
32 Reputation
arneljr
03-24-2016 at 02:50 PM.
03-24-2016 at 02:50 PM.
That's actually a good replacement for the Costco Amex especially for the 3% cash back on restaurant. At least you don't need to re-apply for this card if you're a current Costco member.
Reply
Joined Dec 2010
L5: Journeyman
> bubble2 945 Posts
309 Reputation
skiumah
03-24-2016 at 02:53 PM.
03-24-2016 at 02:53 PM.
Quote from clarkkent06 :
I'll ask the same question again, exactly which card is it?

If you're talking about this one, it's not really 5 points
https://slickdeals.net/forums/showpost.php?p=83078278&postcount=269
It's here. It's 5% back every month in the form of a statement credit.

https://www.penfed.org/platinum-c...ards-card/

Quote from gnosti83 :
Penfed has many rewards cards but you are referring to one of the 2 5% gas rewards cards

The Platinum Rewards Visa Signature® Card (the one u refer to) is 5x points on gas. This has been changed to 0.85¢ per point. If you have this card you are 100% correct.

Platinum Cash Rewards Visa® Card is their other card. This card was changed recently as well to be more variable. The standard card is 3% First Year $0 then $25 fee. The Plus card needs one of the following to activate the 5% and no fee.
Qualify for Plus Cash Rewards by opening up one of the following:

Active checking account with direct deposit ($250 min.)
Equity Loan or Equity Line of Credit
Money Market Certificate or IRA Certificate
Thrifty Credit Service
Mortgage
Personal Line of Credit
Installment loan
Money Market Savings Accounts

This is the card i have, but i also have my Mortgage with them to activate the 5%. Many people will be effect by these (crappy)changes, but a true 5% card with no limits does still exist.
When did they implement this? I have a car loan that is going away this year, so I'm wondering when they'll downgrade me to 3%.
Reply
Last edited by skiumah March 24, 2016 at 02:54 PM.
Joined Sep 2013
L4: Apprentice
> bubble2 484 Posts
78 Reputation
drsa78
03-24-2016 at 02:57 PM.
03-24-2016 at 02:57 PM.
Quote from Boydasma :
My AmEX gets charge automatically for my Costco membership renewal and it expires this May. Not sure if anyone already asked or answered, but will Costco automatically charge my AmEx in May then I wont be able to use it after June 10. That would suck for just being able to use it for just a month or so.
You will get a VISA card for CITI instead of AMEX. You will be charged membership fee again next May, so you are still paying membership fee for 1 year.
Reply
Joined Nov 2014
L4: Apprentice
> bubble2 331 Posts
80 Reputation
Wietersh
03-24-2016 at 02:58 PM.
03-24-2016 at 02:58 PM.
Quote from gnosti83 :
33% more, 50% more, and 100% more.....slight lol
Yes, that's true, but think about how much you actually spend. A 1% difference on $2000 is $20. That's not nothing, but is it worth opening a new credit card over?
Reply
Joined Nov 2012
RIP $$$
> bubble2 145 Posts
42 Reputation
rub1k
03-24-2016 at 03:00 PM.
03-24-2016 at 03:00 PM.
Quote from mnsweeps :
Wrong. My Logix CU Mastercard comes with chip + PIN and I have used it with PIN in many kiosks in Europe.

https://www.logixbanking.com/loan...s/platinum

https://www.youtube.com/watch?v=oPylCZz4o80
Yes, but have you used it with your PIN at any merchant in the US?

What I meant is that US-based merchants don't care/won't ask for your PIN. If they have the new terminals (since 10/01/15 or whatever), they'll ask you to stick in your card but they'll print a receipt that you'll sign (i.e. chip & signature).

US bank executives thought it was a burden to "inconvenience" customers with having to remember/enter a PIN so they figured chip & signature was good enough for now.

EDIT: Anyway, going off-topic, sorry.
Reply

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Joined Sep 2013
L4: Apprentice
> bubble2 484 Posts
78 Reputation
drsa78
03-24-2016 at 03:02 PM.
03-24-2016 at 03:02 PM.
Quote from squaredrooted :
So after following this thread today, it seems that Citi is going to take balance, rewards, and credit limit from the Costco Amex card.

My limit with Costco Amex is just below $5k right now, since I've never needed to request a CLI. Visa Signature cards are usually around the $5k CL threshold, from what I remember. Should I request a CLI on my Costco Amex to get me above that $5k limit so that I can be switched over to a Visa Signature?
I heard AMEX stopped taking any request for CLI on Costco AMEX with effect from March 15. But I might be wrong!
Reply
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