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Costco Anywhere Visa® Card by Citi

Cash Back
+524 Deal Score
2,162,968 Views
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


Rates & Fees

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Original Post

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Edited March 26, 2025 at 10:37 AM by
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


Rates & Fees

Slickdeals may be compensated by Citi.
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Created 03-24-2016 at 09:06 AM by leehg69
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Deal
Score
+524
2,162,968 Views
Cash Back
These responses are not provided or commissioned by the bank advertiser. 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.

2,293 Comments

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Featured Comments

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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Joined Sep 2004
L6: Expert
> bubble2 1,534 Posts
125 Reputation
defiantroa
04-01-2016 at 11:29 AM.
04-01-2016 at 11:29 AM.
Quote from Ero :
Wow. I hate that its citi, but i cant hate on those benefits..!
Same here
Reply
Joined Nov 2003
JustMe
> bubble2 4,151 Posts
Pro
wsm
04-01-2016 at 11:45 AM.
04-01-2016 at 11:45 AM.
Quote from hpdw :
I have not gotten that mail yet.
I have received two different mailings, both with about a 10 page letter explaining everything.

I am sure you have to have an active AMEX account, but one of my letters was for an account they closed for security reasons and the other was for my current Costco card.
Reply
Joined Nov 2008
L3: Novice
> bubble2 127 Posts
14 Reputation
simpleshopper
04-01-2016 at 09:19 PM.
04-01-2016 at 09:19 PM.
Quote from SlidingBike :
Good info mate.

Other thing to remember. Pl transfer all of your current credit limits to other amex card if not, the sinking amex card may carry it away..
Can you expand? What do you mean transfer to another amex card? Can you do that?
Reply
Joined Nov 2014
L1: Learner
> bubble2 13 Posts
10 Reputation
usefulorbeautiful
04-01-2016 at 10:39 PM.
04-01-2016 at 10:39 PM.
Quote from scottsiefker :
Closest thing I can think of is Citi Forward which gives 5 points per $1 that can be redeemed for gift cards.

I have a Citi Forward card and just received notice it is changing from 5x points for restaurants to 2x in June so looks like this new Citi Costco card will be the one to beat for restaurants going forward.
Reply
Joined Nov 2013
L8: Grand Teacher
> bubble2 3,065 Posts
83 Reputation
okaythen
04-02-2016 at 01:23 AM.
04-02-2016 at 01:23 AM.
do you get all your credit limit from amex transfered to citi? how does it work? want to keep my credit from amex maybe I should apply for a new card

when they transfer it is it hard pull soft pull?

we get the new card in June 1st right? no need to apply
Reply
Joined Sep 2008
L6: Expert
> bubble2 1,348 Posts
100 Reputation
qwertyuio
04-02-2016 at 05:09 AM.
04-02-2016 at 05:09 AM.
Quote from okaythen :
do you get all your credit limit from amex transfered to citi? how does it work? want to keep my credit from amex maybe I should apply for a new card

when they transfer it is it hard pull soft pull?

we get the new card in June 1st right? no need to apply
My understanding is that there will be no credit pull at all. All your account information will be transfer to Citi, including account history and age. So if you already have the Costco Amex, there is no reason not to get this. And No, you don't need to apply.
Reply
Joined Jul 2005
L9: Master
> bubble2 4,125 Posts
1,293 Reputation
badboy2man
04-02-2016 at 07:56 PM.
04-02-2016 at 07:56 PM.
Just received today the mail from citi - Costco wholesale, telling me my NEW Costco Anywhere Visa card by Citi will arrive proor to 6/20/2016. Did not call, email Citi or Costco about it.
Reply

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Joined Nov 2015
L1: Learner
> bubble2 23 Posts
18 Reputation
hboss
04-02-2016 at 08:38 PM.
04-02-2016 at 08:38 PM.
Pretty wild they just transferred or 'opened" a Citi on behalf of all Costco AMEX members, no application process, just BAM here's your new card.

Not saying I'm not pleased with this as I prefer Visa anyways and these perks are way better. But wow no heads up or choice in the matter at all....

Best part of this versus AMEX Costco - NO ANNUAL FEE
Reply
Joined Feb 2005
L10: Grand Master
> bubble2 6,089 Posts
720 Reputation
DealsAllTheWay
04-03-2016 at 12:19 AM.
04-03-2016 at 12:19 AM.
Quote from hboss :
Pretty wild they just transferred or 'opened" a Citi on behalf of all Costco AMEX members, no application process, just BAM here's your new card.

Not saying I'm not pleased with this as I prefer Visa anyways and these perks are way better. But wow no heads up or choice in the matter at all....

Best part of this versus AMEX Costco - NO ANNUAL FEE

Costco Amex did not have a annual fee either.
Reply
Joined Feb 2005
L10: Grand Master
> bubble2 6,089 Posts
720 Reputation
DealsAllTheWay
04-03-2016 at 12:24 AM.
04-03-2016 at 12:24 AM.
is there currently a personal Costco Amex and business Costco Amex? I have the executive business membership and not sure if my Costco is business or personal.
Reply
Joined Aug 2009
L2: Beginner
> bubble2 66 Posts
49 Reputation
iBetaTestedUrGF
04-03-2016 at 01:54 AM.
04-03-2016 at 01:54 AM.
I recently got a costco membership. How soon can I sign up since I don't have to switch and when can I start using the card since there is no transfer involved?
Reply
Joined Nov 2013
L8: Grand Teacher
> bubble2 3,065 Posts
83 Reputation
okaythen
04-03-2016 at 06:33 AM.
04-03-2016 at 06:33 AM.
Quote from qwertyuio :
My understanding is that there will be no credit pull at all. All your account information will be transfer to Citi, including account history and age. So if you already have the Costco Amex, there is no reason not to get this. And No, you don't need to apply.
thanks so much for that!

so the credit limit will be the same? everything will be the same I guess?
Reply
Joined Jan 2007
EEEEZZZZZ
> bubble2 8,127 Posts
1,035 Reputation
dadab
04-03-2016 at 10:47 AM.
04-03-2016 at 10:47 AM.
Quote from iBetaTestedUrGF :
I recently got a costco membership. How soon can I sign up since I don't have to switch and when can I start using the card since there is no transfer involved?
You have to wait to apply for it, once Costco starts taking applications for the Citi Visa. My guess would be this month or next month.
Reply
Joined Oct 2008
L10: Grand Master
> bubble2 12,946 Posts
375 Reputation
guest2011
04-03-2016 at 11:32 AM.
04-03-2016 at 11:32 AM.
amex is still $50/year if i want to keep it? i'll cancel if not free.
Reply
Last edited by guest2011 April 3, 2016 at 11:48 AM.

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Joined Jun 2007
L7: Teacher
> bubble2 2,146 Posts
188 Reputation
freephoneid
04-03-2016 at 11:41 AM.
04-03-2016 at 11:41 AM.
Quote from DealsAllTheWay :
Costco Amex did not have a annual fee either.
Costco Amex has annual fee if you're no longer member. I closed my costco membrship 2 months back and yet costco didn't close my amex true earnings card and I also received mail saying that I'll get new city card to replace this amex card.

My husband purchased costco membership a month back & I'm not yet added on his account. I'm planning to add my name soon so I can also shop in costco but not sure whether I can use this earlier card (now will receive as citi card tied to my previous membership) or if there is an option to tie it to my husband's account...

Any clue?

Also, is it true that newly received citi visa card has no annual fee even if u r no longer costco member?
Reply
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