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Costco Anywhere Visa® Business Card by Citi is designed for business owners who have significant gas expenses and shop at Costco stores frequently. It offers premium cash back on these expense categories, provided as an annual credit card reward certificate that’s redeemable for cash or merchandise in United States Costco Warehouses, including Puerto Rico. While it charges a $0 annual fee, you need to pay for a $60 Costco membership per year to qualify.
If you want to compare one card over another, choose a maximum of three cards on this page and click Add to Compare to view their details in a side-by-side comparison.
| Intro APR | N/A |
|---|---|
| Regular APR | 19.49% – 27.49% variable |
| Annual Fee | None, but you must be a Costco member to qualify |
| Credit Needed | Excellent |
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When grading cash back business credit cards like the Costco Anywhere Visa® Business Card by Citi, we give the most weight to ongoing rewards. We also considered the introductory rewards, annual fee, introductory and ongoing APRs, and other card benefits.
| Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
| Ongoing Rewards | 30 | 30 |
| Introductory Rewards | 0 | 20 |
| Annual Fee | 12 | 15 |
| Additional Features | 10 | 15 |
| Introductory APR | 0 | 10 |
| Ongoing APR | 8 | 10 |
| Total Score | 60 | 100 |
- Who the Costco Anywhere Visa® Business Card by Citi Is Best For
- Costco Anywhere Visa® Business Card by Citi Rewards
- Costco Anywhere Visa® Business Card by Citi Features
- Costco Anywhere Visa® Business Card by Citi Fees
- Costco Anywhere Visa® Business Card by Citi Alternatives
- Frequently Asked Questions (FAQs)
- Bottom Line
Who the Costco Anywhere Visa® Business Card by Citi Is Best For
- Those with an active Costco membership: An active Costco membership is required to apply for the Costco Anywhere Visa® Business Card by Citi.
- Those with frequent gas and electric vehicle (EV) charging expenses: It offers premium cash back rewards of 4% for the first $7,000 per year in gas and EV charging expenses. This is why it is one of our leading fuel cards for small businesses.
- Those who travel often: If you travel often for business, this card is a good option as it offers 3% cash back on eligible travel purchases worldwide.
If this isn’t the card for your small business, see our recommended alternatives below to find one that’s a good fit.
Costco Anywhere Visa® Business Card by Citi Rewards
- 4% cash back at gas and EV charging stations worldwide, including gas at Costco, for the first $7,000 per year, then 1% thereafter
- 3% cash back at restaurants and for eligible travel purchases worldwide, including Costco Travel
- 2% cash back on all other purchases from Costco and Costco.com
- 1% cash back on all other purchases
Costco Anywhere Visa® Business Card by Citi Rewards Calculator
Determine how much cash back you can earn per year when you use your Costco Anywhere Visa® Business Card by Citi for business-related expenses. Input your company’s expected monthly expenses based on the given spending categories, and our calculator will compute your potential annual rewards.
Costco Anywhere Visa® Business Card by Citi Rewards Calculator
Estimated Total Annual Cash Back Earned:
How to Redeem Your Costco Anywhere Visa® Business Card by Citi Rewards
You can redeem your cash back rewards once a year in the form of an annual reward certificate, once your February billing statement closes. This can be redeemed until December 31 each year and can be used for cash or merchandise in a single transaction at any US Costco Warehouse, including those in Puerto Rico.
Costco Anywhere Visa® Business Card by Citi Features
Security & Efficiency
- Damage and theft protection: Get covered for either repairs or a refund if items purchased with your Citi card are damaged or stolen within 120 days of purchase―90 days for New York residents.
- Fraud protection: Be notified in case your card was used in an abusive manner or your account was used other than for business or commercial purposes.
- Insurance protection: Enjoy insurance protection, including Extended Warranty Protection.
- Rental car damage plan: Rent a car through Costco Travel and enjoy Costco preferred rates for a rental car damage plan via Zurich. This offers coverage for rental car damage due to an accidental collision, theft, vandalism, and more.
- Digital wallets: Shop in millions of places online, within apps, and in stores using digital wallets. This feature lets you speed through checkout and enjoy earning rewards.
- Account alerts: Receive updates on your account quickly and regularly from Citi through its tools such as Citi Online and Citi Alerts.
Citi-specific Features
- Citi® Quick Lock: Instantly block new purchases and cash advances while allowing recurring transactions, payments, balance transfers, and credits to continue without disruption.
- Citi® Concierge: Access experts who work around the clock to help you with your travel, shopping, dining, entertainment, and everyday needs.
- Citi Entertainment®: Get special access to presale tickets and exclusive events, including the year’s most anticipated concerts, sporting events, dining experiences, and more.
Costco Anywhere Visa® Business Card by Citi Fees
APR
- Introductory: None
- Ongoing and balance transfer: 20.49% variable, which adjusts with the prime rate (minimum interest charge is 50 cents)
- Cash advance: 29.99% variable, which adjusts with the prime rate
- Penalty: Up to 29.99% variable, which adjusts with the prime rate; will be applied to your account indefinitely if you made a late or returned payment
- Plan fee (fixed finance charge): Monthly fee of 1.72% of each transaction moved to a Citi Flex Plan, subject to such fee based on the Citi Flex Plan duration
Fees
- Annual: None, but you must be a Costco member to qualify
- Balance transfer: $5 or 5% of the amount of each transfer, whichever is greater
- Foreign transaction: None
- Cash advance: Either $10 or 5% of the amount of each cash advance, whichever is greater
- Late payment and returned payment: Up to $41
Your due date is at least 23 days after the close of each billing cycle.
- Online or Mobile app: Login to your Citi account and click “Make a Payment.”
- Via phone: Call (866) 422-3091 and enter your card information when prompted.
- MailMake sure to send it before the due date so that it will arrive on time. Write your credit card number on the check as well, for easy reference. : Send a check or money order (but not cash) to the following address:
P.O. Box 78019
Phoenix, AZ 85062-8019
- Nearest Citi branch: Visit the nearest Citi branch to make payment.
Costco Anywhere Visa® Business Card by Citi Alternatives
U.S. Bank Triple Cash Rewards Visa® Business Card
| Intro APR | 0% intro on purchases for 12 billing cycles |
|---|---|
| Regular APR | 17.24% - 26.24% Variable |
| Annual Fee | $0 |
| Credit Needed | Excellent, Good |
This card is great if you want to pay your balances off over time. Not only does it offer a 0% introductory period on purchases for the first 12 billing cycles, but you can also earn up to 5% cash back on selected spending categories.
American Express Blue Business Cash™ Card
| Intro APR | 0% on purchases |
|---|---|
| Regular APR | 16.74% - 28.49% Variable |
| Annual Fee | No annual fee |
| Credit Needed | Excellent, Good |
This is a small business credit card with fixed-rate cash back rewards. On top of that, you can take advantage of its Expanded Buying Power, which offers an adjustable credit limit that would depend on your card usage and other factors.
Bank of America® Business Advantage Customized Cash Rewards
| Intro APR | 0% 9 billing cycles |
|---|---|
| Regular APR | 17.49% - 27.49% Variable APR on purchases |
| Annual Fee | $0.00 |
| Credit Needed | Excellent |
We recommend this card if you wish to earn premium cash back rewards in a spending category of your choice. It can also be a viable option if you have an existing Bank of America checking account (read our Bank of America business checking review), as you can earn up to 75% more cash back through the Preferred Rewards for Business program.
Frequently Asked Questions (FAQs)
The Costco Anywhere Visa® Card by Citi is exclusive for business owners who are Costco members. If you are not, then apply for a membership at Costco.com before applying for the credit card.
Yes, you can use your Costco Anywhere Visa® Card by Citi as your Costco membership ID—as long as your credit card account is active.
Yes, you can make a credit limit request for your Costco Anywhere Visa® Card by Citi. Simply visit www.citi.com/creditcards or call (866) 641-4054.
Bottom Line
Costco Anywhere Visa® Business Card by Citi is best for business owners who are current members of Costco and those who plan to purchase a Costco membership. You can earn cash back rewards on every purchase that can be redeemed at a Costco Warehouse. Note that aside from the membership fee, the card doesn’t charge an annual fee. Plus, you can also use it for making international purchases since it comes with $0 foreign transaction fees.
Fit Small Business has partnered with CardRatings for our coverage of credit card products. Fit Small Business and CardRatings may receive a commission from card issuers.
To see rates & fees for the American Express cardsFit Small Business may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. mentioned in this article, reference the following links below:
American Express Blue Business® Cash™
