Costco Anywhere Visa® Business 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 business members who fuel their fleet at Costco and want strong rewards across gas, dining, and travel
• Credit Needed: Good to Excellent (670+)

Overview

The Costco Anywhere Visa Business Card by Citi mirrors the personal Costco card's impressive rewards structure but is designed for business owners with a Costco Business membership. 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, 2% at Costco and Costco.com, and 1% on everything else. These rates are identical to the personal version.

For businesses that have employees driving company vehicles, the 5% at Costco gas and 4% at other gas stations can add up to significant annual savings. Employee cards can be issued at no additional cost, and all spending earns rewards to the primary cardholder's account. The 3% on restaurants and travel also benefits businesses that entertain clients or have traveling employees.

Like the personal version, cash back is delivered as an annual reward certificate redeemable at Costco warehouses. The card requires an active Costco Business membership (starting at $65/year for the primary membership). There is no sign-up bonus and no intro APR offer. The value proposition is entirely in the ongoing rewards structure, which is among the most generous for a no-annual-fee business card.

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 on purchases or balance transfers.

Benefits Overview

Business 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 business purchases

Business Features

• Employee cards at no additional cost
• All employee spending earns rewards to the primary account
• Separate business credit line for expense management
• Year-end spending summary for accounting and tax preparation
• Accepted everywhere Visa is accepted

Card Protections

• Extended warranty on eligible purchases (24-month extension)
• Damage and theft purchase protection for 120 days
• Worldwide car rental insurance
• 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. Employee card spending contributes to the primary cardholder's reward certificate total.

Welcome Bonus

The Costco Anywhere Visa Business Card does not offer a welcome bonus. The value comes from the ongoing high rewards rates across gas, dining, travel, and Costco spending categories.

Fees Summary

• Annual Fee: $0 (Costco Business membership of $65+/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
• Employee Card Fee: $0

Who This Card Is Best For

Ideal For

• Fleet managers who fuel multiple vehicles at Costco gas stations and want 5% back
• Costco business shoppers who buy supplies and inventory at Costco warehouses
• Small business owners who dine with clients and travel for business
• Businesses with driving employees who can issue free employee cards and earn 4-5% on all gas purchases

Not Good For

• Non-Costco members who do not have a Costco Business membership
• Flexible redemption seekers who want to redeem rewards 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 among the highest no-fee gas rewards rates
• 4% on other gas and EV charging extends the benefit beyond Costco stations
• 3% on restaurants and travel rewards common business expenses
• No annual fee for the card itself
• Employee cards at no extra cost with all spending earning rewards for you
• No foreign transaction fees for international business travel
• Extended warranty and purchase protection for business purchases
• Worldwide car rental insurance for business trips
• Year-end spending summary simplifies tax reporting
• Same strong reward tiers as the personal Costco card

Cons

• Requires an active Costco Business membership ($65+/year)
• Cash back delivered only as an annual Costco reward certificate
• 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 $970 on $40,000 in business spending with no card fee. Businesses with fleet vehicles and high Costco gas spend can earn even more. The 4% on non-Costco gas is particularly valuable for employees who fill up at other stations.

Should You Get This Card?

You Should Get It If...

• Your business has a Costco membership and fuels vehicles at Costco gas stations
• You buy business supplies and inventory at Costco warehouses
• You want the highest gas rewards rate available from a no-fee business card
• You dine with clients and travel for business frequently
• You want to issue employee cards that earn rewards to your account
• You are comfortable receiving an annual reward certificate instead of monthly cash back

You Should Skip It If...

• Your business does not have a Costco membership
• You want to redeem rewards as statement credits or direct deposit
• You want a sign-up bonus when opening a new business card
• You need an intro 0% APR for business purchases
• You prefer flexible redemption options over Costco-only certificates
• You want a business card with broader category bonuses like office supplies

Apply Now

Apply for Costco Anywhere Visa® Business Card by Citi

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