Costco Anywhere Visa® Card by Citi review: Big savings for shoppers
Editors’ take: The gas rewards rate is one of the best out there, but you’ll only receive your rewards once per year. Despite the strong features, it’s best for frequent Costco shoppers.
Image: hands-thumbs-upGreat for gas and EV charging
Image: cashAnnual fee: $0
The average credit score for members who have matched with this card or similar cards is 694
The average credit limit for members who have matched with this card or similar cards is $6,423
Explore more about this card:
Here’s the average credit limit of members who matched their Costco Anywhere Visa® Card by Citi or similar cards.
% of members by credit limit range
The average credit limit for members who have matched with this card or similar cards is $6,423, with $300 being the most common.
Here’s the average credit score of members who matched their Costco Anywhere Visa® Card by Citi or similar cards.
% of members by credit score range
The average credit score for members who have matched with this card or similar cards is 694, with 817 being the most common. Note this is just one of the deciding factors when it comes to getting approved.
This content is curated by Intuit Credit Karma’s Editorial team using data from members who were approved for this card or similar cards, or who self-matched this card or similar cards. Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse this content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.
Member stats
Updated daily
Image: low-utilization31.3%
Average credit utilization (or what percent of the card’s credit limit is being used) of members who matched with this card or similar cards.
Image: meetup48 years
Average age of members who matched this card or similar cards.
Image: cash-give-1$99,161
Average annual income of members who matched this card or similar cards. Note: Income may be estimated for some members by Credit Karma and may differ from members’ actual incomes.
Pros and cons
Image: yesStrong cash back rates on gas, restaurants and travel purchases
Image: yesNo foreign transaction fee
Image: ConRewards redemption is inflexible
Image: ConRequires a Costco membership
Image: ConNo sign-up bonus
Costco Anywhere Visa® Card by Citi review
Updated May 22, 2025
This date may not reflect recent changes in individual terms.
Written by: Ben Luthi
Is the Costco Anywhere Visa® Card by Citi worth it?
The Costco Anywhere Visa® Card by Citi is a good choice for people who are members and regularly shop at Costco. It’s an especially valuable card for those who spend a lot on gas and at restaurants, as well as people who don’t want to pay an annual fee.
But keep in mind that you can only redeem your earned rewards once a year and your cash-back rate earned for Costco purchases is only average.
Costco Anywhere Visa® Card by Citi at a glance
- Annual fee: $0 (but requires a Costco membership)
- Sign-up bonus: None
- Standout benefit: Strong rewards for gas purchases
- Standout rewards rate: 3% cash back on restaurants and eligible travel purchases
- Baseline rewards rate: 1% cash back on all other purchases
Costco Anywhere Visa® Card by Citi best perks and features
High cash-back rates
It’s simple to earn cash back with the Costco Anywhere Visa® Card by Citi.
- 5% cash back on gas at Costco and 4% on other eligible gas and electric vehicle charging purchases worldwide, on the first $7,000 spent in combined purchases each year (1% back after that)
- 3% cash back at restaurants
- 3% cash back on eligible travel purchases
- 2% cash back on all purchases at Costco and Costco.com
- 1% cash back on all other purchases
These cash back categories help you save money by allowing you to earn a credit card reward certificate, redeemable for cash or merchandise at Costco warehouses once a year. If your rewards total more than $300, you’ll also be eligible to receive your rewards via direct deposit through Citi online the Citi mobile app.
Good for travelers
The Costco Anywhere Visa® Card by Citi offers versatility for travelers. There’s no foreign transaction fee, and the card offers travel-related protections and assistance services, such as access to travel and emergency assistance and travel accident insurance.
These features may provide support and security for cardholders who are traveling.
What are the drawbacks of Costco Anywhere Visa® Card by Citi?
Rewards redemption options are limited
Unlike other cash back credit cards that may allow you to redeem your rewards once you hit a set amount — or even whenever you want — this card only pays out your cash back once a year: with your February credit card billing statement. These rewards expire on December 31 of the year they’re distributed.
Shortly after your February statement closes, you’ll receive a rewards certificate redeemable for cash or merchandise at any U.S. Costco warehouse. For cardmembers whose cash back earned total more than $300, there is an option to receive those rewards as a direct deposit through the Citi Mobile® App or citi.com.
These limitations may give you pause. But if you don’t mind waiting and letting your rewards build — and don’t mind the limited redemption options — it may not matter.
Requires a Costco membership
The card doesn’t charge an annual fee, but it does require you to have a Costco membership. An annual membership for Costco costs $65 or $130, depending on which of three tiers you join. If you’re going to shop at Costco and pay that fee regardless, that may not bother you. But if you’re paying the annual membership fee just to carry the card, it may not be worth it.
And note that a Costco Executive Membership offers a 2% reward (up to $1,250 per year) on qualifying purchases at Costco and Costco.com. That’s the same reward rate for purchases made with the Costco Anywhere Visa® Card by Citi.
If you’ll mainly use this card for Costco purchases, you’ll want to take a harder look if it makes sense for you.
No sign-up bonus
The card doesn’t have a sign-up bonus for new cardholders — something many other cash back cards offer.
How to redeem points for Costco Anywhere Visa® Card by Citi
You’ll receive a rewards certificate every year in February, which you can redeem for cash or merchandise at Costco warehouses in the U.S. before December 31 of the year your rewards are distributed. For cardmembers whose annual rewards total more than $300, there is an option to receive these funds as a direct deposit through the Citi app or citi.com.
Other cards to consider
- Citi Double Cash® Card: This card is a good option for people who don’t want to keep track of different bonus rewards categories.
- Blue Cash Preferred® Card from American Express: This card is a strong choice if you spend a lot on groceries but prefer supermarkets over wholesale clubs.
Credit Karma’s methodology
At Credit Karma, our goal is to help you understand a card’s most important features — and where it may fall short compared to other options — so you can make an informed decision.
When we evaluate cash back cards, we consider the following factors:
- Welcome bonus
- Cash back rates in bonus categories
- Usefulness of bonus categories
- Spending caps on bonus categories
- Baseline cash back rate
- Rewards redemption options
- Rewards redemption restrictions
- Cash back expiration
- Annual fee
- Interest rates
- Unique benefits and perks
Looking at these aspects of the card helps us determine whether we’d recommend it to our members.
FAQs about the Costco Anywhere Visa® Card by Citi
The Costco Anywhere Visa® Card by Citi offers several appealing benefits, especially if you frequently shop at Costco. Key advantages include cash back on eligible purchases such as gas, restaurants, travel, and of course, Costco itself. You’ll need to pay for a Costco membership, but there’s no annual fee for the card.
We’ve found that Credit Karma members who report having the Costco Anywhere Visa® Card by Citi or similar cards tend to have good or excellent credit. But keep in mind that this is just one factor that a card issuer may consider when you apply.
The Costco Anywhere Visa® Card by Citi has no annual fee, making it an attractive option for frequent Costco shoppers. But it’s important to note that you must have a Costco membership to use the card.
Costco only accepts Visa credit cards, so any credit card in the American Express network won’t work at the wholesale club.
Here’s what you should know about paying at Costco:
• You can only use a Visa if you’re paying by credit card at Costco (unless shopping online at Costco.com).
• If you want a co-branded credit card with a Costco logo on it, you can only get it through Citi.
• In addition to Visa cards, Costco still accepts cash, checks, most debit and ATM cards, electronic benefit transfer (EBT) and Costco Shop Cards at Costco warehouse locations.
Member reviews
Most helpful positive review
June 12, 2023
Easy peezy
— Credit Karma Member
Applied for this card with a 745 FICO score and got approved for $6700 cl.
Most helpful negative review
May 31, 2023
DO NOT APPLY or you will get rejected
— Credit Karma Member
I have 150k+ income, 750+ credit and more than 1 year no credit card application or any hard inquiry, Credit Carma showed Excellent, then i applied and got rejected for no reason, one hard inquiry plus -17 credit down
*Approval Odds are not a guarantee of approval. Credit Karma determines Approval Odds by comparing your credit profile to other Credit Karma members who were approved for the card shown, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. For example, you may not be approved because you don’t meet the lender’s “ability to pay standard” after they verify your income and employment; or, you already have the maximum number of accounts with that specific lender.