Are you a Costco frequent shopper and looking for a credit card that enables you to manage your purchases and get rewarded? The Costco Anywhere Visa card by Citi is a good choice. 

It offers competitive rewards on a variety of purchases, including gas, dining, and travel purchases. You have to be a Costco member to apply for the credit card. While the card itself has no annual fee, cardholders need a Costco membership.

That membership starts at $60 annually. But its rewards program can compensate for the annual fee. We’ve had a look at what benefits the Costco Anywhere Visa credit card offers, and how to apply for it. We gladly share this information with you next. 

Costco Credit Card - Learn How to Apply for the Citi Anywhere Visa
Image Source: Citi

Costco Anywhere Visa Credit Card by Citi: Features

The Costco Anywhere Visa credit card has a robust rewards program. You can earn 4% cashback on eligible gas purchases for the first $7,000 per year and then 1% thereafter. 

The card also offers 3% cashback on restaurants and eligible travel purchases paid by your credit card. 

You can earn 2% cashback on all other purchases from Costco and Costco.com. A great feature is that you also get 1% cashback on all other purchases. 

The Costco Anywhere Visa credit card offers travel perks that include travel and emergency assistance, worldwide travel accident insurance, and worldwide car rental insurance.

Pros and Cons of the Costco Anywhere Visa Credit Card by Citi

Pros

Apart from the rewards you receive for purchases at Costco, the card offers helpful perks for travelers. 

Frequent travelers benefit from the various perks provided by the card. These include travel assistance in emergencies, travel accident insurance globally and worldwide car rental insurance. 

These perks can add up to substantial savings if you regularly travel abroad.

Cons

You have to be a Costco member to be able to apply for the Costco Anywhere Visa Credit Card by Citi. While the card itself has no annual fee, cardholders must pay the Costco membership, which starts at $60. 

You can only collect rewards once a year. To redeem the rewards, you have to visit a U.S. Costco Warehouse. 

Costco Anywhere Visa Credit Card by Citi:  Fees and Rates

  • Annual fee: $0, (but an annual Costco membership fee)
  • APR: 15.24%
  • APR balance transfer: 15.24%
  • APR cash advance: 25.24%
  • Penalty APR late payment: Up to 29.99%
  • Penalty APR returned payment: Up to 29.9%
  • Interest-free period: 23 days after the end of the monthly cycle
  • Balance transfer fee: $5 or 3% whichever the greater
  • Cash advance fee: $10 or 5% whichever the greater
  • Foreign purchases fee: $0
  • Late payment fee: up to $40
  • Returned payment fee: up to $40

Costco Anywhere Visa Credit Card by Citi: Eligibility

You have to be a Costco member to be eligible for a Costco Anywhere Visa credit card. If you are not a member, click here to join. After you’ve successfully, joined you can apply for the credit card.

How to Get the Costco Anywhere Visa Credit Card by Citi 

After you’ve become a Costco member you can apply for the Costco Anywhere Visa credit card online. Click here to get to the application form. 

You’ll be required to fill in your Costco membership number, personal information like your name, date of birth, and your social security number. Your financial information such as income, expenses, and employment are also needed.  

If you don’t want to apply online, you can phone 1-88-970-3019 to apply.

Costco Anywhere Visa Credit Card by Citi: Address and Contact

Citibank issues and administers the Costco Anywhere Visa credit card. Its head office is located at 399 Park Avenue, New York, NY 10022. The telephone number is 
+1-212-559-1000.

Costco Credit Card - Learn How to Apply for the Citi Anywhere Visa

Conclusion

Although you have to be a Costco member to apply for the Costco Anywhere Visa credit card can only collect rewards once a year, it’s still a good choice.

But, if you don’t want to pay for the Costco membership then you should have a look at other credit cards that don’t have that extra cost. 

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the Costco Anywhere Visa Credit Card’s terms and conditions before agreeing on anything.