The Best Credit Card for Costco Lovers

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Costco Wholesale exterior
Jonathan Weiss /

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A lot of people do their shopping at Costco — the beloved warehouse club has nearly 100 million members, even though it’s possible to shop there without a membership.

Every member — and anybody considering a Costco membership — should know about the Costco Anywhere Visa card.

Get big cash back at Costco — and beyond

The Costco Anywhere Visa from Citi

The obvious draw of the Costco Anywhere Visa card is the 2% cash back you’ll get on all purchases in Costco stores and at

But that’s not the only place you’ll get cash back. It’s not even the biggest.

You’ll also score 4% cash-back rewards on up to $7,000 spent on eligible gas per year. (Gas from other warehouse clubs, supermarkets, and convenience stores is not eligible.) After that, the rate drops to 1%.

The card also offers 3% cash back on restaurants — including cafes, bars, lounges and fast-food restaurants — and eligible travel. Airfare, hotels, car rentals, cruises and Costco Travel bookings count.

You won’t go empty-handed shopping anywhere, in fact, as you earn 1% cash back rewards on any purchases not eligible for the above.

What else you should know

There is no annual fee associated with the card, although it does require a paid Costco membership. You can also use the card as your member ID.

Rewards are distributed annually with your February billing statement as a reward certificate that can be used in-store or redeemed for cash.

Many cards charge fees for foreign transactions, but the Costco Anywhere Visa lives up to its name: You can use it anywhere without any foreign transaction fee.

Ultimately, this card appeals most to people who spend a lot of money on food, travel and at Costco. If that’s not you, there are plenty of other cash-back cards that are worth a look.

Click here for more details and compare it with other offers.

Whatever you need in a credit card — whether it’s reward points, cash back, balance transfer or a low interest rate — you can find with our credit card search tool. Click here to search for the plastic that best fits your needs.