Costco Anywhere Visa® Business Card by Citi Review
You probably already know the great money-saving perks that come with being a Costco member. But you can maximize everyday business spending even more by taking advantage of double the cash-back earnings with the Costco Anywhere Visa® Business Card by Citi, a Credit Cards House advertiser. As a Costco member, you are automatically eligible for the perks that come with this credit card — and at no annual cost.
Costco Anywhere Visa® Business Card from Citi
Exclusively for Costco members, the Costco Anywhere Visa® Business Card helps you earn Costco cash-back rewards on everyday purchases. With your annual Costco membership, you’ll pay $0 annual fee while earning:
- 4% cash back on gas and EV charging purchases, including Costco gas stations (up to $7,000 per year then 1% after that)
- 3% cash back on restaurant and travel-related purchases
- 2% cash back on purchases made at Costco and Costco.com
- 1% cash back earned on everything else
This card can be swiped anywhere that Visa is accepted worldwide, so you know you’re always making the most of everyday purchases.
The card boasts many features that budget-conscious business owners will want to take advantage of, like big savings at all Costco warehouses. In addition, your new card doubles as your Costco membership ID, making it a more convenient process at checkout.
Here are some other standout features for the Costco Anywhere Visa® Business Card from Citi.
Annual Rewards Coupon
Every February, cardmembers will receive a rewards coupon in their billing statement that is then redeemable anytime throughout the year, or at least by Dec. 31. You can simply visit your local Costco store to exchange the coupon for merchandise or cash.
No Annual Fee with Costco Membership
There’s no annual fee with the credit card because it’s included with the cost of your Costco membership. Simply input your membership number during the application process and get access to $0 annual fee and other member benefits.
Double Cash-Back Rewards at Costco
As a Costco member, this credit card is the perfect companion because it allows you to earn double the cash-back rewards on all Costco purchases. Be it purchases for your business, or even personal needs, you’ll earn 2% cash back on all Costco purchases.
In addition to the benefits listed above, you’ll also get access to this entire list of benefits.
$0 annual fee with your paid Costco membership
No foreign transaction fees
4% cash back on gas and EV charging purchases, including Costco stations (up to $7,000 per year then 1% after that)
3% cash back on restaurant and travel-related purchases
2% cash back on purchases made at Costco and Costco.com
1% cash back earned on everything else
Damage and theft purchase protection
Worldwide car rental insurance
Travel and emergency assistance
Worldwide travel accident insurance
With the Costco Anywhere Visa® Business Card, you can earn as much as $280 cash back on gas and EV charging costs, up to the $7,000 annual spending cap. This is well worth Costco’s annual membership cost, not to mention the plethora of benefits listed above that go beyond the 4% gas station cash-back rewards.
While the Costco Anywhere Visa® Business Card offers a wide variety of perks and bonus cash-back reward categories, there are a few drawbacks to consider:
- No sign-up bonus offer
- 1% cash back earnings on non-bonus categories
- Only available to paying Costco members
- No intro 0% APR offer
If you travel within the United States for business trips and conferences, the Costco Anywhere Visa® Business Card offers an amazing 4% cash back on gas station purchases and 3% cash back on restaurant and travel-related purchases. This, combined with the double rewards earned on Costco purchases, could mean quite a bit of savings for business-related purchases. Plus, you get all of these perks included with the annual cost of your Costco membership.
First published , last updated
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.