The main benefits of a Costco Credit Card are 4% cash back on the first $7,000 spent on eligible gas purchases each year (1% back thereafter) and 3% cash back at restaurants and on eligible travel expenses. Also, Costco Credit Card users don't have to pay an annual fee on top of their yearly Costco membership dues ($60+).
- 4% cash back on the first $7,000 spent on eligible gas purchases each year and 1% cash back thereafter.
- 3% cash back at restaurants and on eligible travel expenses.
- 2% cash back on Costco and Costco.com purchases.
- 1% cash back on non-bonus-category purchases.
- Worldwide Travel Accident Insurance provides up to $250,000 if you or a covered family member dies or sustains certain injuries during your trip.
- Damage & Theft Purchase Protection covers repairs or refunds on items purchased with a Costco Credit Card that are damaged or stolen within 120 days of the purchase date.
- 0% foreign transaction fee on purchases abroad or online through internationally-based merchants.
- Worldwide Car Rental Insurance covers your rental car against theft and damage from an accident, natural disaster or vandalism when you pay with a Costco Credit Card and decline the rental company’s insurance.
- Travel & Emergency Assistance provides travel support services 24/7 before and during a trip, including help with travel arrangements, medical and legal referrals, and more.
- Citi Entertainment provides cardholders special access to buy tickets to certain exclusive events.
- Citi Quick Lock allows you to block access to your account without having to order a new card.
Finally, as with most credit cards, you’ll have $0 liability for any unauthorized charges made on your account. As you can see, there’s a lot to like about the Costco Anywhere Visa® Card by Citi.
Costco’s business card, Costco Anywhere Visa® Business Card by Citi, has the same benefits as the consumer card, plus lost baggage protection. If you’re already a Costco member and you have excellent credit, the rewards and other benefits make it worth applying for one of these cards.
This answer was last updated on 02/20/24 and it was first published on 07/08/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
