Citi is offering 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter with the Costco Anywhere Visa® Card by Citi for Costco Members. No annual fee.
Details:
Discover one of Citi's best cash back rewards cards designed exclusively for Costco members
Earn 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter.
3% cash back on restaurants and eligible travel purchases and eligible travel, including Costco Travel.
2% cash back on all other purchases from Costco and Costco.com
1% cash back on all other purchases
No annual fee with your paid Costco membership and enjoy no foreign transaction fees on purchases
Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico
Citi is offering 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter with the Costco Anywhere Visa® Card by Citi for Costco Members. No annual fee.
Details:
Discover one of Citi's best cash back rewards cards designed exclusively for Costco members
Earn 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter.
3% cash back on restaurants and eligible travel purchases and eligible travel, including Costco Travel.
2% cash back on all other purchases from Costco and Costco.com
1% cash back on all other purchases
No annual fee with your paid Costco membership and enjoy no foreign transaction fees on purchases
Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico
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Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser.
It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
I'm sure it's been mentioned and buried but extended warranty benefit goes away next month which sucks
Uhh yeah I have an Amex, this is not true lol
I'm sure citi fought hard in the bidding process to beat Amex to get the Costco account. Part of the terms were probably to offer better benefits for the customer....
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We have the $110 membership. Milk is at minimum $1.00 less at Costco than Walmart. Rotisserie Chicken is $3 less than anywhere else (I haven't checked Walmart) I shop. Pecorino Romano is WAY cheaper than anywhere else I shop (I didn't even see any at Walmart). These things alone cover the yearly membrship. Plus the 2% back on the membership (never mind the cash back on the credit card) covers at least half of that when we don't buy anything other than groceries that year.
Eggs are a great price, Oreos, vitamins, bananas, gum, produce in general, and so on are on par or cheaper than anywhere else without searching/clipping for coupons or waiting for a deal.
Our Costco is closer than the closest Walmart. There are two other Costcos within driving distance. We usually go when the lines are short and stock up so we can go once a month. Walmart lines are always super long, and aisles are usually packed with people and their 5 kids that seem to always be in tow.
These things may not be your experience, so I understand that Costco is not something you want, but Costco does make sense for us, although Sam's Club would have likely worked if it was closer.
Completely agree. The guy arguing for Walmart is like trying to list the redeeming qualities of Darth Vadar. Walmart uses questionable business practices to maximize profits. They pay their employees as cheap as they can get them. I'm not a walmart hater but I definitely try not to shop there. Costco is the exact opposite. I choose to spend my money there as much as possible. They may not be the cheapest all the time, but they are the better company.
Those benefits are great - and kinda erases the edge which the Chase Sapphire Preferred had in terms of restaurants and travel use. Now I'm trying to figure out whether to keep the CSP after the free year...
They put a reason when you return it. If it's product breaking, and quality concern it says that on the refund. They can always look that up.
I've returned things at Costco and have only been asked why I was returning once. Additionally, I have a friend who has been abusing the hell out of their return policy for years and never once had a problem of any kind. I haven't read every post in this thread but if Costco logs all return reasons and has/would ever cancelled someones membership because of returns, this is the first and only place I've heard about it. Based on my own experience and those of people I know, it's certainly hard to believe. Maybe Costco employees elsewhere have a stick up their ass but they're awesome here.
We probably spend more money at Costco than any other B&M shop. Yearly grocery budget is probably split between Costco/Safeway/HMart (asian grocery chain).
Here is what I like to buy at Costco due to quality and savings:
- Kirkland baby wipes
- Kirkland diapers
- Lance cracker packs
- organic milk (but pricing is starting to creep up)
- free range eggs
- Kirkland butter
- uncooked frozen shrimp
- organic frozen veggies
- spring salad mix
- rasberries / blueberries / blackberries
- bananas
- organic uncooked whole chicken
- Espoma organic Holly Tone fertilizer
- live outdoor plants in the spring (shrubs and trees are about 30-50% off of Home Depot pricing for the same sized products - eg a Leyland Cypress at 4-5ft tall is 16.99 at Costco but $35+ at HD)
- Kirkland bottled water
- $1.50 hot dog meal
There are probably tons of other things as well. We also pick up things that are the same price as the local safeway, but once you are there you may as well do all your shopping.
Those benefits are great - and kinda erases the edge which the Chase Sapphire Preferred had in terms of restaurants and travel use. Now I'm trying to figure out whether to keep the CSP after the free year...
Well, not really...
For one, I can't find where they define 'eligible travel purchases' for the new citi card yet...so it's unclear if it covers all the same categories as CSP.
For another- this is 3% CASH back only.
Which is inferior to the value of the 2UR points CSP gives you for those same charges... because UR points are worth more than 1.5 cents when properly redeemed for travel. Now, if this card offered 3x ThankYou points it'd be a lot closer- but as 3%CB not so much.
For another- the CSP offers free primary car rental insurance- it's unclear (and unlikely) the Costco card will.
For another the CSP lets you transfer to travel partners- making your Freedom (and other no-annual-fee UR cards) vastly more useful/valuable.
For a last item- you have to wait up to a year to GET your cash back with the citi card (it comes as a single check you have to redeem at Costco once a year)
I've returned things at Costco and have only been asked why I was returning once. Additionally, I have a friend who has been abusing the hell out of their return policy for years and never once had a problem of any kind. I haven't read every post in this thread but if Costco logs all return reasons and has/would ever cancelled someones membership because of returns, this is the first and only place I've heard about it. Based on my own experience and those of people I know, it's certainly hard to believe. Maybe Costco employees elsewhere have a stick up their ass but they're awesome here.
Personally, I don't think Costco has a written policy about blacklist a person. Before Costco updated the most recent return policy,especially on the electronics, you can technically buy any electronics and return it at any time. So that allows people to buy a TV for Thanksgiving/Christmas and then return it after New Year repeatedly. I believe that may have caused the red-flag in Costco's system because Costco is not making profit from the member but taking a financial hit item after item. So they finally decided to just refund the full membership and turn that person away. I can't prove or confirm this, but it sounds possible given that Amazon has done that. It's all about profit from the member. I can't see why a company would keep a specific member after taking financial hit item after item. For Costco, the blacklist probably haven't happened before, but I would not say it will "never" happen.
For one, I can't find where they define 'eligible travel purchases' for the new citi card yet...so it's unclear if it covers all the same categories as CSP.
For another- this is 3% CASH back only.
Which is inferior to the value of the 2UR points CSP gives you for those same charges... because UR points are worth more than 1.5 cents when properly redeemed for travel. Now, if this card offered 3x ThankYou points it'd be a lot closer- but as 3%CB not so much.
For another- the CSP offers free primary car rental insurance- it's unclear (and unlikely) the Costco card will.
For another the CSP lets you transfer to travel partners- making your Freedom (and other no-annual-fee UR cards) vastly more useful/valuable.
For a last item- you have to wait up to a year to GET your cash back with the citi card (it comes as a single check you have to redeem at Costco once a year)
Good points - while I can't really use the point transfer to other programs as I don't fly those airlines, and my flights are really schedule-dependent so there's not much flexibility. You're right about the car rental and "eligible travel" though
Another one that dislikes Costco. Why are you guys even in a thread about a Costco credit card?
If you find better deals at Target for stuff you want, it sounds logical to shop there, but other people have plenty of logical reasons why they shop at Costco as well.
Also, if everything you buy at Costco breaks in 6-12 months, you're doing something wrong, but you do know they have a very generous return policy, right?
He's a troll.
Kirkland is of higher quality than all of the other store brands I've had experience with. Also, their employees are higher quality. Costco is the gold standard in retail IMO.
I hate costco and amex parting ways for several reasons. First amex is very unique that comes with cashback, benefits and value services all bundled together. no one else closely offer such benefits. For over 10 years I've enjoyed shopping at Costco with amex cards ..and now I don't want a Visa card simply to shop at costco and don't like to split my monthly expenses between cards. to me this means more shopping on Amazon and avoid costco as much as possible.
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Eggs are a great price, Oreos, vitamins, bananas, gum, produce in general, and so on are on par or cheaper than anywhere else without searching/clipping for coupons or waiting for a deal.
Our Costco is closer than the closest Walmart. There are two other Costcos within driving distance. We usually go when the lines are short and stock up so we can go once a month. Walmart lines are always super long, and aisles are usually packed with people and their 5 kids that seem to always be in tow.
These things may not be your experience, so I understand that Costco is not something you want, but Costco does make sense for us, although Sam's Club would have likely worked if it was closer.
Here is what I like to buy at Costco due to quality and savings:
- Kirkland baby wipes
- Kirkland diapers
- Lance cracker packs
- organic milk (but pricing is starting to creep up)
- free range eggs
- Kirkland butter
- uncooked frozen shrimp
- organic frozen veggies
- spring salad mix
- rasberries / blueberries / blackberries
- bananas
- organic uncooked whole chicken
- Espoma organic Holly Tone fertilizer
- live outdoor plants in the spring (shrubs and trees are about 30-50% off of Home Depot pricing for the same sized products - eg a Leyland Cypress at 4-5ft tall is 16.99 at Costco but $35+ at HD)
- Kirkland bottled water
- $1.50 hot dog meal
There are probably tons of other things as well. We also pick up things that are the same price as the local safeway, but once you are there you may as well do all your shopping.
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Well, not really...
For one, I can't find where they define 'eligible travel purchases' for the new citi card yet...so it's unclear if it covers all the same categories as CSP.
For another- this is 3% CASH back only.
Which is inferior to the value of the 2UR points CSP gives you for those same charges... because UR points are worth more than 1.5 cents when properly redeemed for travel. Now, if this card offered 3x ThankYou points it'd be a lot closer- but as 3%CB not so much.
For another- the CSP offers free primary car rental insurance- it's unclear (and unlikely) the Costco card will.
For another the CSP lets you transfer to travel partners- making your Freedom (and other no-annual-fee UR cards) vastly more useful/valuable.
For a last item- you have to wait up to a year to GET your cash back with the citi card (it comes as a single check you have to redeem at Costco once a year)
3% Eligible travel purchases such as Airline Tickets?
For one, I can't find where they define 'eligible travel purchases' for the new citi card yet...so it's unclear if it covers all the same categories as CSP.
For another- this is 3% CASH back only.
Which is inferior to the value of the 2UR points CSP gives you for those same charges... because UR points are worth more than 1.5 cents when properly redeemed for travel. Now, if this card offered 3x ThankYou points it'd be a lot closer- but as 3%CB not so much.
For another- the CSP offers free primary car rental insurance- it's unclear (and unlikely) the Costco card will.
For another the CSP lets you transfer to travel partners- making your Freedom (and other no-annual-fee UR cards) vastly more useful/valuable.
For a last item- you have to wait up to a year to GET your cash back with the citi card (it comes as a single check you have to redeem at Costco once a year)
If you find better deals at Target for stuff you want, it sounds logical to shop there, but other people have plenty of logical reasons why they shop at Costco as well.
Also, if everything you buy at Costco breaks in 6-12 months, you're doing something wrong, but you do know they have a very generous return policy, right?
Kirkland is of higher quality than all of the other store brands I've had experience with. Also, their employees are higher quality. Costco is the gold standard in retail IMO.
Two examples are of items that get heavy use, yet don't have really long lifespans.
1. Roombas. Every dog owner's best friend. I'm on my fourth one.
2. Foodsaver. The vacuum thingie. It wears out.
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