Costco Anywhere Visa® Business Card by Citi, issued by our partner Citi Cards, rewards small business owners who frequent Costco warehouses for business supplies. Cardholders can earn 2% cash back on purchases at Costco. In addition, cardholders can earn 3% back on travel and dining at restaurants, and 4% back on up to $7,000 spent at eligible gas stations each year. The Costco Business credit card has no annual fee with your paid Costco membership. You can also enjoy no foreign transaction fees on purchases you make abroad.
- Discover the only business credit card designed exclusively for Costco members
- 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter
- 3% cash back on restaurants and eligible travel purchases
- 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
- Whether you're traveling for business or pleasure, 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
- Intro APR
- Intro APR Period
- Regular APR
- 15.24% (Variable)
- Annual Fee
How to Earn Rewards
With Costco Anywhere Visa® Business Card by Citi, you can earn more cash back on many regular purchases than most other credit cards. You will earn 4% cash back on purchases made at gas stations worldwide, including gas at Costco, for the first $7,000 per year, and then 1% cash back thereafter. You will earn 3% cash back on dining at restaurants, including cafes, bars, lounges and fast food restaurants. You will also earn 3% cash back on eligible travel purchases worldwide, including airfare, hotels, car rentals, travel agencies, cruise lines and Costco Travel. For other purchases at Costco and Costco.com, you will earn 2% back. For all other purchases, you will earn 1% back.
For example, if you spend $7,000 on gas, $8,000 on dining out, $10,000 on travel, $15,000 on Costco purchases, and $10,000 on everything else in a year, you will receive $1,220 in cash rewards. You can use our cash rewards calculator to find out how much cash back you may receive.
|Spending Category||Spending||Cash Rewards||Net Spending (after Cash Back)|
How to Redeem Rewards
You will receive your annual cash rewards in the form of a credit card reward certificate once your February billing statement closes. The credit card reward certificate contains your Costco rewards balance based on your eligible purchases during the annual reward period of the prior year. The credit card reward certificates are redeemable through the end of the year at any U.S. Costco warehouse for merchandise or cash back. Any Costco cash rewards you have earned on purchases made by authorized users on your card account will be added to your Costco rewards total.
This credit card has no annual fee with your paid Costco membership. There are two tiers of membership, Gold Star and Gold Star Executive. The Gold Star has an annual membership fee of $60. The Gold Star Executive has an annual membership fee of $120 and it offers an additional 2% cash reward, up to $1,000 on your purchases at Costco. The 2% cash rewards of the Gold Star Executive can offset the $120 membership fee. For example, if you make an average of $500 monthly purchases at Costco, you will accrue $10 in cash rewards each month and $120 in annual cash rewards, which is enough to pay for the $120 membership fee by itself.
It has no foreign transaction fees, which will save you money when you travel abroad. Most other credit cards typically charge a transaction fee 3% on your purchases in foreign countries. For example, if you use a credit card to pay $2,000 for purchases or for hotel stays in Canada, Asia, or Europe, you may end up with paying a bill of $2,060 after the 3% foreign-transaction surcharge is added to your bill. If you travel abroad, Costco Anywhere Visa® Business Card by Citi can help you avoid the 3% surcharge on your purchases.
Required Credit Rating
The Costco Anywhere Visa® Business Card by Citi is for people who have excellent credit scores. If you have an outstanding FICO score, you may qualify for the credit card.
Is this the right card for you?
Costco is a warehouse for family and small business to make purchases in bulk. If you like to use Costco for many of your business purchases, the Costco Anywhere Visa® Business Card by Citi is a great small business credit card. Although it does not offer a sign-up bonus, it offers business owners up to 4% cash back on gas purchases, 3% cash back on restaurants and travel purchases, and 2% cash back on all other purchases from Costco. In addition, the Costco Anywhere Visa® Business Card by Citi has no annual fee with paid Costco membership and has no foreign transaction fees.
Similar Credit Cards
If you are interested in the Costco Anywhere Visa® Business Card by Citi, you may also consider a few other credit cards with similar benefits.
|Credit Card||Bonus and Rewards||Annual Fee|
|Costco Anywhere Visa® Card by Citi||$0|
|American Express Blue Business Cash™ Card||2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.||$0|
|The Blue Business® Plus Credit Card from American Express||2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.||$0|
|Bank of America® Customized Cash Rewards credit card||$0|
|Wells Fargo Cash Wise Visa® card||$0|
(rates & fees)
|Citi Premier® Card||$95|
|Ink Business Cash℠ Credit Card||$0|
|Bank of America® Travel Rewards credit card||$0|
|Bank of America® Premium Rewards® credit card||$95|
|Citi® Double Cash Card - 18 month BT offer||2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.||$0|
|American Express® Business Gold Card||$295|
|Chase Sapphire Preferred® Card||$95|
|Blue Cash Preferred® Card from American Express||$0 introductory annual fee for one year, then $95.|
|Ink Business Unlimited℠ Credit Card||$0|
|Ink Business Preferred℠ Credit Card||$95|
|Blue Cash Everyday® Card from American Express||$0|
|Chase Freedom Unlimited®||$0|
|Capital One Quicksilver Cash Rewards Credit Card||$0|
|Chase Freedom Flex℠||$0|
|Capital One SavorOne Cash Rewards Credit Card||$0|