The Costco Anywhere Visa Card by Citi is more than just a credit card; it’s your gateway to turning everyday expenses into tangible rewards. Picture filling up your tank at the gas station and earning cashback that offsets your monthly grocery bill, or booking a vacation and knowing your trip is working just as hard for you as you do.

For millions of Americans, Costco isn’t just a store, it’s a lifestyle, one built on incredible savings and quality products. This card fits seamlessly into that mindset, making it an indispensable tool for anyone looking to maximize both their spending and their Costco membership.

Why Choose the Costco Anywhere Visa Card: Benefits and Advantages

Exceptional Cashback Rates

One of the standout features of the Costco Anywhere Visa Card is its lucrative cashback structure. For example, a family spending $5,000 annually on gas could earn $250 in cashback at the 5% rate, while dining out and traveling with $3,000 in expenses would yield an additional $120 at the 4% rate. Add $2,000 in Costco purchases for $60 at 3%, and you’re looking at a total of $430 in annual rewards—a significant boost for everyday spending!

5% Cashback on Gas Purchases: Earn 5% cashback on eligible gas purchases, including EV charging, up to $7,000 annually. Beyond that, you’ll still earn 1% cashback.
4% Cashback on Travel and Restaurants: Perfect for foodies and travelers, this rate applies to dining and travel-related expenses worldwide.
3% Cashback on Costco Purchases: Whether you’re shopping in-store or online at Costco.com, you earn 3% cashback on every purchase.
1% Cashback on All Other Purchases: For any spending outside the categories mentioned, you’ll earn a flat 1% cashback.

No Annual Fee

Unlike many premium rewards cards, the Costco Anywhere Visa Card has no annual fee, provided you maintain an active Costco membership.

Foreign Transaction Fee Waiver

If you’re traveling abroad, this card is your best companion. With no foreign transaction fees, you can shop internationally without worrying about additional costs.

Comprehensive Purchase Protections

From damage to theft, purchases made with the Costco Anywhere Visa Card are covered for up to 120 days (90 days for New York residents), ensuring peace of mind with every transaction.

Worldwide Travel Perks

The card includes:

Car Rental Insurance: Coverage for theft or damage when you pay for the rental with the card and decline the rental company’s collision insurance.
Travel Assistance: Access to emergency services when you’re on the go.
Travel Accident Insurance: Protection for unforeseen travel accidents.

Things to Consider Before Applying

Membership Requirement

To qualify for the Costco Anywhere Visa Card, you must be an active Costco member. Costco offers two main membership options:

Gold Star Membership: Priced at $60 annually, this membership is ideal for individuals and households who shop at Costco for personal needs.
Executive Membership: At $120 annually, this tier provides additional perks, including 2% rewards on qualified Costco purchases (up to $1,000 per year).

If you’re not a Costco member, you can sign up online or in-store before applying for the card. Both memberships provide access to all Costco locations worldwide and their extensive range of products at competitive prices. To qualify for the Costco Anywhere Visa Card, you must be an active Costco member. If you’re not a member, you’ll need to sign up before applying.

Credit Score

Applicants typically need a good to excellent credit score (700 or higher) to be approved for this card. Be sure to check your score before applying to avoid unnecessary credit inquiries.

Spending Habits

While the cashback rewards are generous, they’re most beneficial for individuals who regularly shop at Costco and spend heavily in the card’s high-reward categories like gas and dining.

Reward Redemption

Cashback rewards are issued once a year in February as a reward certificate. This certificate can only be redeemed at Costco warehouses in the U.S. or Puerto Rico, either for merchandise or as cash back.

Fees and Charges

Understanding the card’s fee structure is crucial to making an informed decision:

Annual Fee: $0 (requires a Costco membership)
APR: Variable APR ranges from 20.99% to 28.99%, based on your creditworthiness.
Late Payment Fee: Up to $41
Foreign Transaction Fees: None

How to Apply for the Costco Anywhere Visa Card

Applying for the Costco Anywhere Visa Card is a straightforward process. Here’s a step-by-step guide:

Online Application

Before starting your application, ensure you have the following financial details and documents ready:

Social Security Number (SSN): Required for credit verification.
Annual Income Information: This helps determine your creditworthiness.
Costco Membership Number: You must provide an active membership number to proceed.
Valid Identification: Such as a driver’s license or passport.

Visit the official Citi website.

Navigate to the Costco Anywhere Visa Card page.
Click on “Apply Now” and fill out the online form with your personal and financial details.

Submit the application and wait for Citi’s response, which typically arrives within a few minutes.

In-Store Application

Visit your nearest Costco warehouse.
Speak to a representative about applying for the Costco Anywhere Visa Card.
Provide the necessary information and complete the application on-site.

Through the Citi Mobile App

Download the Citi Mobile App from the Apple App Store or Google Play.

Create an account or log in.
Search for the Costco Anywhere Visa Card and complete the application process.

Contact Information

For any inquiries or assistance, you can reach Citi’s customer service team:

Phone: 1-855-378-6467 (Costco-specific inquiries)
Website: citi.com
Mail: Citi® Cards, P.O. Box 6500, Sioux Falls, SD 57117

Frequently Asked Questions

1. Can I use the Costco Anywhere Visa Card outside Costco?

Yes, the card is a versatile Visa credit card that can be used anywhere Visa is accepted, both domestically and internationally.

2. Is there a limit to the cashback rewards I can earn?

The 5% cashback on gas is capped at $7,000 annually, but there’s no cap for other categories.

3. What happens if I cancel my Costco membership?

If you cancel your Costco membership, your Costco Anywhere Visa Card will also be canceled, as the card requires an active membership.

4. How are cashback rewards issued?

Rewards are provided as an annual certificate with your February billing statement. The certificate can be redeemed at Costco warehouses in the U.S. or Puerto Rico.

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