Key insights:
- Earn Cash Back Rewards on every purchase, anywhere Visa® is accepted.
- Cash back accumulates throughout the year. You’ll receive your credit card reward certificate, which you can redeem at a U.S. Costco warehouse, including Puerto Rico, after your February credit card statement closes.
- Your credit card reward certificate expires on December 31st of the year it’s issued.
Earning cash back rewards with the Costco Anywhere Visa® Card by Citi is easy.
Earn unlimited cash back rewards
The Costco Anywhere Visa® Card is available for Costco members. There are several ways to earn cash back rewards at Costco warehouses worldwide, online at Costco.com and anywhere Visa® is accepted.
Gas and electric vehicle (EV) charging
Every drive is more enjoyable when you earn 5% cash back on gas at Costco and 4% cash back on eligible gas and electric vehicle (EV) charging purchases (for the first $7,000 per year in combined Costco and other eligible gas and EV charging purchases, then 1% thereafter).
Restaurants and travel
Whether you’re dining downtown or flying across the world, earn 3% cash back on restaurants and eligible travel, including Costco Travel.
Purchases from Costco and Costco.com
You can always expect to save on high-quality essentials when you step into Costco. Make the most of each trip by earning 2% on all other purchases from Costco and Costco.com. For added convenience, the Costco Anywhere Visa® Card doubles as your Costco membership card.
All other purchases
Earn 1% cash back on all other purchases.
In addition to the cash back rewards you can earn, you’ll pay no annual fee1 for this credit card with your active and paid Costco membership.1
How to redeem your cash back rewards
The cash back you earn with the Costco Anywhere Visa® Card accumulates throughout the year. After your February credit card statement closes, you’ll receive your credit card reward certificate for the prior year in your February billing statement.
As long as you’re an active Costco member, have an open Costco Anywhere Visa® Card account and have earned more than $1 in rewards the prior year, you’re eligible to receive a credit card reward certificate.
There are 2 ways to redeem your credit card reward certificate:
- Use your certificate to purchase merchandise at a U.S. Costco warehouse, including Puerto Rico. (Certificates cannot be redeemed online at Costco.com.)
- Present your certificate to redeem for cash at a U.S. Costco warehouse, including Puerto Rico.
Your credit card reward certificate expires on December 31st of the year it’s issued, so it’s important to redeem it using one of the methods outlined above before it expires.
1Important Pricing & Information
Costco Anywhere Visa® Card Cashback Rewards FAQs
Do you need a Costco membership to redeem cash back rewards with the Costco Anywhere Visa® Card?
Yes. You must maintain your Costco Membership to redeem your credit card reward certificate, unless prohibited by law. If you’re not already a Costco member, you can apply for a Costco membership here.
What types of transactions don't earn cash back rewards?
The following types of transactions don't qualify as purchases that earn cash back rewards:
- Use of checks that access your Card Account
- Balance transfers
- Cash advances
- Travelers checks, foreign currency purchases, money orders, wire transfers and similar cash-like transactions
- Lottery tickets, gaming chips and similar betting transactions
- Interest and account fees
- Unauthorized charges
- Items returned for credit
What happens to cash back rewards if you close your account?
If you close your credit card account before receiving the credit card reward certificate in your February billing statement, you’ll forfeit any unredeemed earned cash back rewards, unless prohibited by law.
Disclosure: This article is for educational purposes. It is not intended to provide legal, investment, or financial advice and is not a substitute for professional advice. It does not indicate the availability of any Citi product or service. For advice about your specific circumstances, you should consult a qualified professional.
