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Costco Anywhere Visa® Card by Citi

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+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


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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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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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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 2008
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> bubble2 935 Posts
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CommunistJack
03-31-2016 at 12:21 PM.
03-31-2016 at 12:21 PM.
Quote from padmanabhuni :
how is citi able to give these benefits and amex couldnot
<br />

the same way capital one can make a 1.5% cash back everywhere card


its the VISA signature series which costs store 2.75+% + fee to accept. its visa "alternative" to american express , high fee card with high levels of benefits
Reply
Joined Jun 2010
L9: Master
> bubble2 5,627 Posts
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rsveteran
03-31-2016 at 02:52 PM.
03-31-2016 at 02:52 PM.
Quote from petervivian :
Amex offers to convert the card everytime I login.
The next time you log in, look at the offer more closely. They aren't offering to "convert" your card--they're offering (really, asking) you a different, new card. They can't convert your card because they sold the card portfolio to Citi, for $1 billion.
Reply
Joined Aug 2011
L6: Expert
> bubble2 1,751 Posts
205 Reputation
supersteals
03-31-2016 at 02:58 PM.
03-31-2016 at 02:58 PM.
Quote from leehg69 :
https://www.citi.com/credit-cards...y~CostcoWC

It will be called "Costco Anywhere Visa Card by Citi" (that's a mouthful).

For those who already have Costco Amex, they will mail out the replacement cards starting in May 2016, but you cannot use it until June 20, 2016.

A lot better benefits:

4% cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year and then 1% thereafter (Costco Amex is 3%)
3% cash back on restaurant and eligible travel purchases worldwide (Costco Amex is 2%)
2% cash back on all other purchases from Costco and Costco.com (Costco Amex is 1%)
1% cash back on all other purchases

If anyone is curious - Citi will NOT pull credit for existing Costco Amex holders.
So its not going to ding your scores.

bouncebounce
Reply
Joined Apr 2014
L3: Novice
> bubble2 284 Posts
178 Reputation
MaxV503
03-31-2016 at 03:06 PM.
03-31-2016 at 03:06 PM.
Quote from hakau :
Advise please
amex been offering the blue card everytime i login to my costco amex. i wonder is it better to take this offer or open a new card somewhere (thinking bout chase freedom)
is it necessary to keep history with them? only been with amex for 4 years. TIA
Since you have a couple months, keep looking for the best offer. For example; the Amex Blue Cash card has offered a $250-$300 bonus for $500-$1000 spent in the first 3 months.
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Joined Nov 2008
Engineer
> bubble2 1,323 Posts
68 Reputation
petervivian
03-31-2016 at 04:22 PM.
03-31-2016 at 04:22 PM.
Quote from rsveteran :
The next time you log in, look at the offer more closely. They aren't offering to "convert" your card--they're offering (really, asking) you a different, new card. They can't convert your card because they sold the card portfolio to Citi, for $1 billion.
Thank you for the explanation.
Reply
Joined Nov 2003
L4: Apprentice
> bubble2 357 Posts
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grittree
03-31-2016 at 04:27 PM.
03-31-2016 at 04:27 PM.
Warning! Look at the Citi offer carefully.

For the 4% on gas, note that non-qualifying includes "supermarkets, convenience stores"

That's basically every gas station in my area. If your Costco sells gas, you are good. Mine doesn't.
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Joined Jun 2006
L5: Journeyman
> bubble2 526 Posts
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EddieLasVegas
03-31-2016 at 04:54 PM.
03-31-2016 at 04:54 PM.
So going to my local QT or Safeway (where gas is cheaper and closer) will not get the 4%?

Brilliant, Citi, just brilliant.


Eddie



Quote from grittree :
Warning! Look at the Citi offer carefully.

For the 4% on gas, note that non-qualifying includes "supermarkets, convenience stores"

That's basically every gas station in my area. If your Costco sells gas, you are good. Mine doesn't.
Reply

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Joined May 2008
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euuser378872
03-31-2016 at 05:00 PM.
03-31-2016 at 05:00 PM.
I have the current costco amex. will Amex send me a new card as well as Citi? I don't want two new cards!
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Joined Nov 2003
L4: Apprentice
> bubble2 357 Posts
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grittree
03-31-2016 at 05:20 PM.
03-31-2016 at 05:20 PM.
Well, the new Citi card is still worthwhile, but only for use at Costco.

I'm a little surprised that Costco didn't note that "eligible purchases" excluded most purchases. They used to have a reputation for honesty.
Reply
Joined Jun 2010
L9: Master
> bubble2 5,627 Posts
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rsveteran
03-31-2016 at 05:30 PM.
03-31-2016 at 05:30 PM.
Quote from EddieLasVegas :
So going to my local QT or Safeway (where gas is cheaper and closer) will not get the 4%?

Brilliant, Citi, just brilliant.


Eddie
Sounds like it'll be just standalone gas stations (Shells, Chevrons, Arcos, etc.)

Quote from PrinceOfDa831 :
I have the current costco amex. will Amex send me a new card as well as Citi? I don't want two new cards!
Yes. You will be sent a new card with a new card number, expiry date, etc. After June 20th, you might as well cut up your Costco AmEx card because it won't be active anymore.

Quote from grittree :
I'm a little surprised that Costco didn't note that "eligible purchases" excluded most purchases. They used to have a reputation for honesty.
What do you mean? Excluded from what?
Reply
Last edited by rsveteran March 31, 2016 at 05:32 PM.
Joined Nov 2003
JustMe
> bubble2 4,153 Posts
Pro
wsm
03-31-2016 at 05:51 PM.
03-31-2016 at 05:51 PM.
There have been plenty of posts on Slickdeals about AMEX offers on replacement cards. Every AMEX paper statement and online account login has had offers for the last few months that included up to $300 in rebates for signing up for a new card before the Costco changeover.

I picked up one of the new accounts, got the $300 and chose a category for better rewards than what I had with the Costco card. The discounts go right into my balance every month so I don't have to wait for the one statement a year for the Costco rewards.

I won't be dealing with Citi. Like lots of people, I had bad experiences with them. I'll use my own Visa card with a decent rewards program if I go to Costco. That won't be as often, though.
Reply
Last edited by wsm March 31, 2016 at 05:51 PM.
Joined Nov 2008
Engineer
> bubble2 1,323 Posts
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petervivian
03-31-2016 at 08:04 PM.
03-31-2016 at 08:04 PM.
Quote from wsm :
There have been plenty of posts on Slickdeals about AMEX offers on replacement cards. Every AMEX paper statement and online account login has had offers for the last few months that included up to $300 in rebates for signing up for a new card before the Costco changeover.

I picked up one of the new accounts, got the $300 and chose a category for better rewards than what I had with the Costco card. The discounts go right into my balance every month so I don't have to wait for the one statement a year for the Costco rewards.

I won't be dealing with Citi. Like lots of people, I had bad experiences with them. I'll use my own Visa card with a decent rewards program if I go to Costco. That won't be as often, though.
I will get a new AMEX if they offer 300 sign-up. But I got just 100 in the offer.
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Joined May 2008
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euuser378872
03-31-2016 at 08:16 PM.
03-31-2016 at 08:16 PM.
Quote from rsveteran :
Sounds like it'll be just standalone gas stations (Shells, Chevrons, Arcos, etc.)



Yes. You will be sent a new card with a new card number, expiry date, etc. After June 20th, you might as well cut up your Costco AmEx card because it won't be active anymore.



What do you mean? Excluded from what?
So you're telling me Amex won't be sending me a new card? what will happen to my open line of credit with Amex when I get the new Citi card?
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Joined Jan 2016
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MP1179
03-31-2016 at 08:25 PM.
03-31-2016 at 08:25 PM.
I don't have a costco amex, but i am costco executive member, will I still get the Costco CITI card or do I need to apply for one?
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rsveteran
03-31-2016 at 08:32 PM.
03-31-2016 at 08:32 PM.
Quote from PrinceOfDa831 :
So you're telling me Amex won't be sending me a new card? what will happen to my open line of credit with Amex when I get the new Citi card?
The Costco AmEx card is being 'migrated' into a Citi VISA card. Citi will send you a new card. Your Costco AmEx card will no longer be valid from June 20th.
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