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If you’re a frequent Costco shopper, the Costco Anywhere Visa® Card by Citi is something to have in your wallet. Costco Anywhere offers cash back rewards that you can use to shop at the retail giant, plus a host of other benefits that make this card stand out against all the others. If you already have a Costco membership and you’re looking for a credit card that complements your love of Costco deals, here are the reasons why the Costco Anywhere Visa® Card is the ultimate shopping partner.
Get 4 Percent Cash Back On Gas
Of course, this applies to Costco gas stations as well. Every time you fill up, you’ll be receiving 4 percent back in cash redeemable at Costco. This offer is good for the first $7,000 per year put on the card. After hitting that amount, you will continue to get cash back on gas purchases, but it will drop down to 1 percent.
Receive 3 Percent Cash Back On Restaurant & Travel
With the Costco Anywhere card, whenever you go out to eat, you’re putting money back in your pocket. The card enables you to get 3 percent back on eligible travel expenses like airfare, hotel bookings, car rentals and rideshare services like Uber and Lyft. There is no limit to how much cash back you can earn for these categories each year. All cash back rewards for the Costco Anywhere Visa® Card are redeemed as a gift certificate to Costco at the end of the year.
Shopping at Costco Earns You 2 Percent Back
It’s to be expected that a Costco card would earn you rewards when you shop at its namesake. Any purchase made at Costco or on Costco.com earns you 2 percent back that you can use right back at Costco. It’s like you’re getting a deal on every Costco purchase.
You’ll Get 1 Percent Back on Any Other Purchase
Even if you spend money on something that’s not gas, restaurants, travel-related or at Costco, you’ll still receive 1 percent back. This can quickly add up when you use the card frequently, leading to a pretty hefty gift certificate to Costco at the end of the year.
There’s No Annual Fee
A lot of credit cards ask that you pay a yearly fee just to use them. With the Costco Anywhere Visa® Card, as long as you have a Costco membership, the card is free to use. Customers have reported getting a gift certificate as high as $500 to Costco at the end of the year, which is more than worth it when you consider that the most you’ll pay for a membership is $120.
No Foreign Transaction Fees
Whenever you travel abroad to absolutely anywhere, your Costco credit card will work exactly as it does in the United States. You won’t encounter any extra costs tacked onto your bill simply because you were using the card overseas. And, with the 3 percent cash back on travel expenses, this card is actually an excellent choice to use next time you’re traveling internationally.
Get Early Access to Event Tickets
Every Citi card comes with a special Citi Entertainment® benefit. This means you’ll be treated to early access to purchase tickets for thousands of events including concerts, games, luxury and dining experiences.
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The Card is Contactless
If you’re looking for an effortless shopping experience, the Costco Anywhere Visa® Card comes with a contactless chip, enabling you to simply tap the card on the card reader, rather than getting the card out and sliding or inserting it. The chip itself also adds an extra layer of security, keeping you more protected from fraud.
Get Covered for Travel
The Costco Anywhere card comes with robust insurance coverage for travel, provided you charge all of your travel expenses to this card. You’ll be covered for up to $250,000 in travel accident insurance, in addition to up to $50,000 against having to pay for damage resulting from theft or a crash when you rent specific cars. You’ll also get access to 24/7 roadside assistance, which can come in handy when you’re traveling somewhere and your car breaks down.
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