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If you’re a business owner, you should consider signing up for the Costco Anywhere Visa® Business Card by Citi! Cardholders has the chance to earn 4% cash back on gas purchases for up to $7,000 per year as long as they’re a Costco member.
In addition to the valuable cash back opportunity, it also earns 3% back on restaurants and eligible travel purchases as well as 2% back on Costco purchases, while also earning 1% back on all other purchases.
Compared to other store cards, you can use your card anywhere that accepts Visa card and if you’re planning to travel, no foreign transaction fees is charged for any purchases made outside of the U.S.
All Costco members will be automatically eligible for this card which has no annual fee! Plus, your card conveniently doubles as your Costco membership ID. Continue reading below to learn more about its features and benefits!
* The Costco Anywhere Visa® Business Card is issued by Citi Bank. They also offer great sign-up bonuses for their Checking/Savings accounts. You can also compare this card with other credit card bonuses!
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Silver Business Checking Package | $900 Cash | Review |
U.S. Bank Gold Business Checking Package | $900 Cash | Review |
U.S. Bank Platinum Business Checking Package | $900 Cash | Review |
Chase Business Complete Checking® | $300 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Axos Bank Basic Business Checking | $400 Cash | Review |
Axos Bank Business Interest Checking | $400 Cash | Review |
Regions Bank Business Checking | $150 Cash | Review |
NorthOne Business Checking | $20 Credit | Review |
Novo Business Checking | $75 Cash | Review |
BlueVine Business Checking | 2.00% APY | Review |
Costco Anywhere Visa® Business Card Summary
Bonus Available | No sign-up bonus available for this card |
Ongoing Rewards/Benefits | Earn the following rewards:
Earn Costco cash rewards anywhere Visa is accepted Earn cash back faster by adding employees as Authorized Users. |
Foreign Transaction Fees | None |
Cash Advance Fees | Either $10 or 5% of the amount of each cash advance, whichever is greater. |
Annual Fee | No annual fee; Costco membership required |
* Bonus value is an estimated value calculated by HustlerMoneyBlog and not the card issuer.
View the latest valuations here.
Recommended Free Credit Score (Get Free Score)
800 – 850 (Excellent)
Earning Costco Cash Rewards on Purchases
You can easily earn Costco Cash Rewards for purchases whenever you’re using your card account, however any returns or refunds made aren’t counted.
- 4% cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year in gas purchases and then 1% thereafter.
- 3% cash back on restaurant (including cafes, bars, lounges and fast food restaurants) and eligible travel purchases worldwide, including airfare, hotels, car rentals, travel agencies, cruise lines and Costco Travel.
- 2% cash back on all other purchases from Costco and Costco.com.
- 1% cash back on all other purchases, including the non-qualifying purchases listed above.
What doesn’t qualify as a purchase?
Any of the following doesn’t qualify as a purchase that earn Costco Cash Rewards:
- Use of checks that access your Card Account
- Balance transfers
- Cash advances
- Travelers checks, foreign currency purchases, money orders, wire transfers and similar cash-like transactions
- Lottery tickets, gaming chips and similar betting transactions
- Interest and account fees
- Unauthorized charges
- Items returned for credit
Costco Anywhere Visa® Business Card Benefits
Damage & Theft Purchase Protection: This covers you for repairs or a refund if purchases made with your card are damaged or stolen within 120 days or purchase or 90 days for New York residents.
$0 Liability on Unauthorized Charges: You’re completely protected against unauthorized charges on your account. At Citi, you will not be responsible for a charge that you did not authorize, online or otherwise.
Travel & Emergency Assistance: If you need assistance before or during a trip, services are available 24/7 for emergency travel arrangements, travel issues, medical and legal referrals and much more.
Worldwide Car Rental Insurance: No matter what car you rent, anywhere in the world, you may be covered against theft or damage when you pay with your Citi card and decline the rental company’s collision loss/damage insurance.
Why You Should Apply For This Card
With 4% cash back on up to $7,000 spent on gas per year, you can easily get $280 in cash back every year. You can maximize your savings by combining this high cash back rate with the 3% cash back rate for travel expenses including airfare, hotels, car rentals, travel agencies, cruise lines, and Costco Travel.
If you have a Costco membership, this credit card will be perfect because it offers a great 2% cash back rate on all Costco purchases. No matter what you use your card for, you’ll be able to earn at least 1% cash back. Plus, this card is a Visa so it can be used almost anywhere!
Enjoy all of these great card features without having to worry about an annual fee! While you’re saving money on gas and restaurant/travel purchases, you’ll be saving even more without an annual fee.
Bottom Line
Sign up for the Costco Anywhere Visa® Business Card by Citi so you can start saving on gas, travel, and Costco expenses. As long as you’re a Costco member, you will be automatically eligible for this card and the chance to earn 4% cash back on gas purchases for up to $7,000 per year and then 1% for any additional purchases.
Not to mention, there is no annual fee for this card so all of the cash back that you earn on gas purchases, travel purchases, and Costco purchases will go straight to your pocket. Apply online now and start earning your Costco Cash Rewards points. Find more great cards from our full list of Credit Card Promotions.
For more business options, see our list of the latest business account promotions and business credit card bonuses.
We recommend applying for the Business Checking account from Chase Bank.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.
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esquared says
So, the fine print for the 4% gas purchase rebate says you don’t get this “for gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco ” … Is this a joke or what? what gas station doesn’t fall into one of these categories? … other than costco itself.