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If you’re a frequent Costco shopper, be sure to have Citi’s Costco Anywhere Visa® Card in your wallet. Costco Anywhere offers cashback rewards, which you can use to shop at the retail giant, along with a host of other benefits that set this card apart from all others. If you already have a Costco membership and are looking for a credit card to complement your love of Costco deals, here’s why the Costco Anywhere Visa® card is the ultimate shopping partner.
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Get 4 percent Cash Back on Gasoline
Of course, this also applies to Costco gas stations. Receive 4 percent back in cash every time you fill up, redeemable at Costco. This offer applies to the first $7,000 per year wagered on the card. After you reach that amount, you will still get cash back for gas purchases, but it will go down to 1 percent.
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Receive 3 percent cashback on Restaurant & Travel
Put money back in your pocket every time you dine out with the Costco Anywhere card. The card allows you to get 3 percent back on eligible travel expenses like airline tickets, hotel bookings, rental cars, and ride-sharing services like Uber and Lyft. There is no limit to how much cashback you can earn for these categories each year. All Costco Anywhere Visa® Card Cashback Awards redeemable as a gift card at Costco at the end of the year.
Get 2 percent back when you shop at Costco
A Costco card can be expected to earn rewards for shopping from its namesake. Every purchase made at Costco or on Costco.com will set you back 2 percent to use directly with Costco. It’s like getting a deal with every Costco purchase.
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Receive 1 percent back on any other purchase
Even if you spend money on something that isn’t gas, restaurants, travel or at Costco, you still get 1 percent back. This can add up quickly if you use the card a lot, resulting in a pretty hefty end-of-the-year gift certificate for Costco.
There is no annual fee
Many credit cards require you to pay an annual fee just to use them. With the Costco Anywhere Visa® card, you can use the card for free as long as you have a Costco membership. Customers have reported receiving a $500 Costco gift certificate at the end of the year, which is more than worth it when you consider the maximum amount you pay for a membership is $120 .
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No foreign transaction fees
Whenever you travel abroad, your Costco credit card works just like it does in the United States. You will not be charged extra on your bill just because you have used the card abroad. And with 3 percent cashback on travel expenses, this card is indeed an excellent choice for your next international trip.
Get early access to event tickets
Every Citi card comes with a special Citi Entertainment® benefit. That means you get early access to buy tickets to thousands of events including concerts, games, luxury and dining experiences.
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The card is contactless
If you’re looking for a hassle-free shopping experience, the Costco Anywhere Visa® card comes with a contactless chip that lets you simply tap the card into the card reader instead of pulling out and pushing or inserting the card. The chip itself also adds an extra layer of security, better protecting you from fraud.
Get travel insurance
The Costco Anywhere card offers robust travel insurance coverage, provided you charge that card for all of your travel expenses. You are covered for up to $250,000 in travel accident insurance, in addition to up to $50,000 against paying for damage caused by theft or accident when renting certain cars. You also get 24/7 roadside assistance, which can come in handy when you’re on the road and your car breaks down.
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