Costco Anywhere Visa® Card by Citi

Quick Snapshot

• Annual Fee: $0 (Costco membership required)
• APR: 18.74%-26.74% variable
• Rewards: 5% on Costco gas (up to $7,000/year), 4% on other gas and EV charging, 3% on restaurants and eligible travel, 2% on Costco and Costco.com purchases, 1% on everything else
• Bonus: No welcome bonus
• Best For: Costco members who fill up at Costco gas stations and want strong rewards across gas, dining, and travel
• Credit Needed: Good to Excellent (670+)

Overview

The Costco Anywhere Visa Card by Citi is the exclusive credit card for Costco members and one of the most rewarding no-annual-fee cash back cards available -- if you are already a Costco member. It earns 5% on Costco gas worldwide (up to $7,000 per year, then 1%), 4% on other gas and EV charging, 3% on restaurants and eligible travel purchases, 2% at Costco and Costco.com, and 1% on everything else.

The tiered rewards structure means this card excels across multiple spending categories that most people use daily. The 5% at Costco gas stations is one of the highest gas rewards rates available without paying a card annual fee, and the 4% on non-Costco gas and 3% on dining and travel make it a strong contender for non-Costco spending as well.

The catch is that cash back is delivered as an annual reward certificate that can only be redeemed at Costco warehouses, and you must maintain an active Costco membership (starting at $65/year) to keep the card. There is no sign-up bonus, and no intro APR offer. But for existing Costco members who gas up at Costco and dine out regularly, this card delivers exceptional no-fee value that is hard to match.

APR Breakdown

• Purchase APR: 18.74%-26.74% variable
• Balance Transfer APR: 18.74%-26.74% variable
• Cash Advance APR: 29.99% variable
• Penalty APR: 29.99% variable

Note: Variable APR of 18.74%-26.74% based on creditworthiness. No intro APR offer on purchases or balance transfers.

Benefits Overview

Tiered Cash Back Rewards

• 5% cash back on Costco gas worldwide (up to $7,000/year, then 1%)
• 4% cash back on other gas stations and EV charging
• 3% cash back on restaurants and eligible travel
• 2% cash back on Costco and Costco.com purchases
• 1% cash back on all other purchases

Costco Integration

• No annual fee for the credit card itself (Costco membership required)
• Accepted at Costco warehouses worldwide (Costco only accepts Visa)
• Annual reward certificate redeemable at any U.S. Costco warehouse
• Card doubles as Costco membership card

Card Protections

• Extended warranty on eligible purchases (adds 24 months to manufacturer warranty)
• Damage and theft purchase protection for 120 days
• Worldwide car rental insurance (secondary coverage)
• Travel accident insurance
• No foreign transaction fees

Rewards & Points

• 5% cash back on Costco gas worldwide (up to $7,000/year)
• 4% cash back on other gas stations and EV charging
• 3% cash back on restaurants and eligible travel
• 2% cash back at Costco and Costco.com
• 1% cash back on all other purchases

Cash back is accumulated throughout the year and delivered as an annual reward certificate, typically in February. The certificate can be redeemed for cash or merchandise at any U.S. Costco warehouse. Rewards cannot be redeemed as statement credits, direct deposit, or for non-Costco purchases.

Welcome Bonus

The Costco Anywhere Visa does not offer a sign-up bonus. The ongoing rewards structure provides significant value for Costco members without an introductory incentive.

Fees Summary

• Annual Fee: $0 (Costco membership of $65-$130/year required)
• Balance Transfer Fee: 3% of each transfer (min $5)
• Cash Advance Fee: Either $10 or 5% of the amount, whichever is greater
• Foreign Transaction Fee: $0
• Late Payment Fee: Up to $41
• Returned Payment Fee: Up to $41

Who This Card Is Best For

Ideal For

• Costco gas regulars who fill up at Costco gas stations and want 5% back
• Costco shoppers who spend regularly at Costco warehouses and on Costco.com
• Drivers who want 4% on non-Costco gas and EV charging as well
• Dining and travel spenders who want 3% on restaurants and travel purchases

Not Good For

• Non-Costco members who do not want to pay for a Costco membership to use the card
• Flexible redeemers who want to redeem cash back as statement credits or direct deposit
• Sign-up bonus seekers since there is no welcome bonus

Key Pros & Cons

Pros

• 5% at Costco gas is one of the highest gas rewards rates from a no-fee card
• 4% on non-Costco gas and EV charging extends the gas benefit beyond Costco
• 3% on restaurants and travel is competitive for a no-fee card
• No annual fee for the card itself
• No foreign transaction fees
• Extended warranty adds 24 months to manufacturer coverage
• Purchase protection for 120 days against damage and theft
• Card doubles as your Costco membership card
• Worldwide car rental insurance included
• Exceptionally high rewards across multiple everyday categories

Cons

• Requires an active Costco membership ($65-$130/year)
• Cash back delivered as an annual certificate redeemable only at Costco
• No sign-up bonus
• No intro APR on purchases or balance transfers
• $7,000 annual cap on Costco gas 5% rate
• Cannot redeem rewards as statement credits or direct deposit
• Must wait for the annual certificate to access rewards
• Card is cancelled if Costco membership lapses

Alternatives to Consider

How the Rewards Add Up

Example Annual Value

Annual value of $610 on $24,500 in spending, with no card annual fee. Even accounting for the $65 Costco membership (which most cardholders already pay), the net value is $545. Heavy Costco gas users can earn even more.

Should You Get This Card?

You Should Get It If...

• You are already a Costco member and fill up at Costco gas stations
• You want one of the highest gas rewards rates available with no card fee
• You shop at Costco regularly and want 2% back on those purchases
• You dine out and travel frequently and want 3% on both
• You value extended warranty and purchase protection on Costco purchases
• You are comfortable receiving an annual reward certificate instead of ongoing statement credits

You Should Skip It If...

• You are not a Costco member and do not plan to become one
• You want to redeem rewards as statement credits or direct deposit
• You want a sign-up bonus when opening a new card
• You need an intro 0% APR on purchases or balance transfers
• You prefer instant or monthly cash back over an annual certificate

Apply Now

Apply for Costco Anywhere Visa® Card by Citi

Information accurate as of May 2026. Terms and conditions apply. Please visit the issuer's website for the most current information.