Home » Rewards » A Complete Review of the Costco Anywhere Visa Card by Citi

A Complete Review of the Costco Anywhere Visa Card by Citi

A Complete Review of the Costco Anywhere Visa Card by Citi

*Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated Jun 17, 2016, but some terms and conditions may have changed or are no longer available. For the most accurate and up to date information please consult the terms and conditions found on the issuer website.

*The below offers and promotions may have since changed, expired, or are no longer available.

The new Costco Anywhere Visa® Card by Citi has finally arrived. Ever since Costco ended its relationship with American Express last year, many loyal shoppers have been eagerly awaiting the release of this new credit card. The Costco Anywhere Visa® Card by Citi is now accepting new applicants and the rewards and perks are better than ever!

There have been a lot of questions around the Costco Credit Card transition. But now that the shift is complete, cardholders can begin enjoying the great rewards and benefits of the Costco Anywhere Visa® Card by Citi.

How to Get Your Card

Costco members who don’t already have a Costco Credit Card can now apply for the Costco Anywhere Visa® Card by Citi.

If you are a previous account holder with the Costco Card from American Express, you should have already received your new Citi card in the mail. Now that the June 20th transition date have arrived, you can activate your Costco Anywhere Visa® Card by Citi and begin using it for your everyday purchases.

Incredible Rewards for Cardholders

The new Costco Anywhere Visa® Card by Citi comes with a very generous rewards program. Here are the details on the cash back you will earn: 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter, 3% on restaurants & travel, 2% at Costco & Costco.com, 1% on all other purchases.

If you’re already a Costco Member, this credit also has a $0 annual fee, so you can earn tons of cash back without having to pay a fee to earn rewards.

Why We Love the Costco Anywhere Visa® Card by Citi

Costco customers are some of the most loyal shoppers in the country – and for good reason! While you do have to pay an annual membership fee, there’s no doubt that shopping at Costco can save you lots of money on groceries, household items, and much more.

With the Costco Anywhere Visa® Card by Citi, your Costco membership is more rewarding than ever. The Costco Anywhere Visa® Card by Citi earns 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter, 3% on restaurants & travel, 2% at Costco & Costco.com, 1% on all other purchases. Unlike most other gas rewards credit cards, you earn cash back at gas stations worldwide, not just within the U.S. *Some exclusions apply.

     

This is a major improvement from the old TrueEarnings® Costco Card from American Express which only offered 3% cash back at U.S. gas stations with a $4,000 annual cap (then 1%).

The Transition from American Express

Citi and Costco have worked to make the transition from the TrueEarnings® Costco Card from American Express to the new Costco Anywhere Visa® Card by Citi as seamless as possible for existing cardholders. If you’re a former cardholder of the TrueEarnings® Costco Card from American Express, here are some quick facts that you may be curious about:

      • You should now begin using your new Costco Anywhere Visa® Card by Citi
      • The only action you need to take to phase out your old TrueEarnings® Costco Card from American Express is to destroy your card and provide the new card information to any recipients of automatic payments on your account.
      • Your account balance will automatically transfer from your TrueEarnings® Costco Card from American Express to the new Costco Anywhere Visa® Card by Citi
      • Your old account will automatically be deactivated and closed down
      • The rewards balance from your TrueEarnings® Costco Card from American Express will be automatically transferred to your new card
      • Citi won’t pull a credit report as part of the account transfer process

The Bottom Line

It’s no secret that being a Costco member comes with incredible perks and benefits. With the new Costco Anywhere Visa® Card by Citi, you now have the chance to earn more rewards than ever on all of your purchases.

By offering 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter, 3% on restaurants & travel, 2% at Costco & Costco.com, 1% on all other purchases, this credit card is an industry leader for gas rewards credit cards. When you top it off with other Citibank perks such as Citi® Private Pass, Extended warranties, plus damage and theft purchase protection, you’ll see why so many Costco members are signing up for this card! Sign up today and start earning valuable cash rewards!

*Editorial Note: This content is not provided by Citibank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by Citibank.

*The content in this article is accurate at the publishing date, and may be subject to changes per the card issuer.


Recommended Posts:

Read More

Capital One Venture Rewards Card vs. Barclaycard Arrival Plus World Elite Card

Finding the best airline credit card can be tough. So today we’re going to compare two of the most popular rewards card; the Capital One® Venture® Rewards Credit Card and the Barclaycard Arrival Plus® World Elite Mastercard®. On the surface, these cards look very similar, but there are a few differences that are important to be aware of if you’re trying to decide between the two. […]

Read More

June 24, 2015

Read More

Top Three Credit Cards for Golf Fanatics

Rewards credit cards often come with a host of perks and benefits that the cardholders don’t even know exist. However, these perks can potentially offer a great value when you put them to use on things you were already going to spend your money on. As the weather  begins to cool off over the next few […]

Read More

August 20, 2015

Read More

Best Credit Cards for Black Friday

Black Friday is just around the corner and many shoppers already keeping an eye out for this year’s best deals. It’s no secret that the day after Thanksgiving can be the best day of the holiday season to save on Christmas shopping. But extra savvy shoppers can add to their savings by using one of […]

Read More

November 5, 2014