Credit Cards

Costco Anywhere Visa® Credit Card review

Read this Costco Anywhere Visa® Credit Card review and learn about this card's awesome rewards and benefits.

Advertisement

by Danilo Pereira

Published on 10/17/2022

If you are a Costco member, you can bulk up your savings and turn everyday spending into rich rewards

Costco Anywhere Visa® credit card
Costco Anywhere Visa® credit card is full of benefits for you. Source: The Post New.

This card was exclusively designed for Costco members and is one of Citi’s best cash back rewards cards. Here is our Costco Anywhere Visa® Credit Card review.

Costco Anywhere Visa® credit card

How to get your Costco Anywhere Visa® Credit Card

In this Costco Anywhere Visa® Credit Card application guide we are going to show you how to get this amazing rewards card.

  • Credit Score: Good – Excellent
  • APR: Variable 18.24%
  • Annual Fee: $0
  • Fees: N/A
  • Welcome bonus: N/A
  • Rewards: 4% cash back on gas and EV charging purchases up to $7,000 the year (1% from then on), 3% cash back on eligible travel purchases and at restaurants, and 2% cash back on all other purchases at Costco or Costco.com.

With a 4% cash back at eligible gas stations and EV charging stations, you can get up to $280 back off the first $7,000 you spend within the year.

Not to mention 3% cash back at restaurants and on eligible travel purchases, and 2% on all other Costco and Costco.com purchases.

Costco Anywhere Visa® Credit Card: how does it work?

The Costco Anywhere Visa® Credit Card by Citi is a store card you can use anywhere, not only at Costco. It offers an impressive rewards rate on a wide range of categories.

The card does not charge an annual fee, but to get the card, you must be a Costco member. This requires an annual membership fee which ranges from $60 to $120 a year.

The card’s rewards are generous in some categories, but using the card at Costco does not offer particularly high rewards.

The rewards rate remains pretty much the same regardless of where you use the card.

This card offers a high 4% cash back on gas and EV charging purchases. This rate is valid up to the first $7,000 you spend within a year. After that amount, the cash-back earnings rate is 1%.

The card also offers 3% cash back on most travel purchases and restaurants, 2% back at Costco and Costco.com, and 1% back on all other purchases.

There is no foreign transaction fee for this card, even though it includes worldwide travel accident insurance and travel and emergency assistance.

One downside of this card is that its rewards are only redeemable once a year. Also, in order to redeem your rewards, you must go to a physical Costco store.

Costco Anywhere Visa® Credit Card significant benefits and disadvantages

costco wholesale
Buying at Costco Wholesale will get even better with this credit card. Source: Adobe Stock.

Our Costco Anywhere Visa® Credit Card review would not be complete without a comparison between this card’s pros and cons. So have a look at the list of benefits and disadvantages we have put together below.

Advertisement

Benefits

  • It does not charge an annual fee
  • Convenient everyday bonus categories
  • It does not charge an annual fee
  • Bonus categories offer high rewards rates

Disadvantages

  • Requires going to the store to redeem rewards
  • Requires an active Costco membership
  • Limited redemptions
  • Requires excellent credit 

Is a good credit score required for applicants?

The Costco Anywhere Visa® Credit Card by Citi requires applicants to have a good to excellent credit score. This generally implies a score of 720 or better.

Learn how to apply and get a Costco Anywhere Visa® Credit Card

Does the Costco Anywhere Visa® Credit Card by Citi sound like a fit to you? If so, you might want to take the next step and apply for the card.

In the link below, we have prepared a step-by-step guide for you to do just that. Click on it, and we will show you how to get this card.

Costco Anywhere Visa® credit card

How to get your Costco Anywhere Visa® Credit Card

In this Costco Anywhere Visa® Credit Card application guide we are going to show you how to get this amazing rewards card.

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

Trending Topics

content

World of Hyatt Credit Card review: Access to luxurious benefits at a decent cost

In this World of Hyatt Credit Card review you will see how this card can get you access to flashy benefits at a decent cost.

Keep Reading
content

How to get your Merrick Bank Double Your Line™ Platinum Visa®: online application

In this Merrick Bank Double Your Line™ Platinum Visa® application guide, we will show you how to apply for this card.

Keep Reading
content

SmartAccess Prepaid Visa Debit Card review

Find out how you can excel in managing your finances in this complete SmartAccess Prepaid Visa Debit Card review. Read on for more!

Keep Reading

You may also like

content

Mastercard® Titanium Card™ application

Learn how easy and secure the Mastercard® Titanium Card™ application process is and take a step towards luxury with a few simple clicks.

Keep Reading
content

Chase Freedom Flex℠ credit card review

The Chase Freedom Flex℠ credit card has many benefits, and this review will show you all of them. Read it if you like cashback rewards.

Keep Reading
content

PenFed Credit Union Personal Loan review

This PenFed Credit Union Personal Loan review wll show you everything you need to know to get this loan easily.

Keep Reading