What to Know About Citi^® Flex Pay with the Costco Anywhere Visa^® Card and Costco Anywhere Visa^® Business Card by Citi

Key insights:

• Citi Flex Pay lets eligible Costco Anywhere Visa^® Card by Citi and Costco Anywhere Visa^® Business Card by Citi cardmembers split qualifying purchases of $75 or more into fixed monthly payments to be paid over time
• Eligible Costco.com and Costco warehouse purchases may qualify for an exclusive 3-month payment plan with $0 fee and no interest*
  *Goods and services provided by vendors other than Costco, including most Costco Travel purchases, are not eligible.
• Before choosing to use Citi Flex Pay, compare plans and terms, monthly payments and any Plan Fees to make sure the option fits your budget

If you’re a Citi Costco Anywhere Visa Card or Costco Anywhere Visa Business Card by Citi cardmember, you have access to benefits for all your Costco purchases. But did you know you may also be able to split eligible purchases into fixed monthly payments? With Citi Flex Pay, you’ll have greater flexibility to plan how you pay, make large purchases and pay for them over time.  Let’s look at how Citi Flex Pay works with the Costco Anywhere Visa Card, what purchases may qualify and how you can pay for your purchases over time.

What is Citi Flex Pay with Costco?

Citi Flex Pay is a feature of your Citi Costco Anywhere Visa Card that allows you to split eligible purchases of $75 or more into fixed monthly payments. You can choose the number of installments and plan length that works best for you. Plus, you’ll continue to earn cash back, with exclusive benefits for eligible Costco purchases.

Citi Flex Pay may be used by current cardmembers with sufficient available credit in their account. See terms and conditions for more details.

What are the benefits of Citi Flex Pay with Costco?

With Citi Flex Pay on your Citi Costco Anywhere Visa^® Card, or your Costco Anywhere Visa^® Business Card By Citi you have benefits at your fingertips.

Exclusive Costco benefits

When using Citi Flex Pay on eligible Costco purchases of $75 or more, you’ll pay $0 fees and no interest when you select a 3-month payment plan.*
*Goods and services provided by vendors other than Costco, including most Costco Travel purchases, are not eligible.

Pay in installments

Split your large credit card purchases into multiple installments that you pay over several months. You can choose the repayment plan that works best for you.

No credit check or application required

Simply enroll in Citi Flex Pay through Citi^® Online or the Citi Mobile^® App to get started.

Keep earning cash back rewards

Purchases made with Citi Flex Pay still earn you cash back, including 5% back on gas at Costco, 4% cash back on other eligible gas and electric vehicle (EV) charging up to a combined $7,000 per year annually and then 1% thereafter. In addition, cardmembers will earn 3% back on restaurants and eligible travel (including Costco Travel), and 2% on all other Costco purchases.

Shop where you want

Citi Flex Pay isn’t just for Costco.com or Costco Warehouse purchases. You can set up a Flex Pay plan on most recent purchases provided they are a qualifying purchase of $75 or more.

How does Citi Flex Pay work with your Costco Anywhere Visa^® Card by Citi?

It’s an existing benefit of the Costco Anywhere Visa^® Card by Citi and Costco Anywhere Visa^® Business Card by Citi. Current cardmembers may use Citi Flex Pay as a simple and flexible way to pay for any eligible purchases over time.

Step 1: Make an eligible purchase

Citi Flex Pay plans can be set up for eligible purchases of $75 or more. Simply use your card to make a purchase and wait for the transaction to post to your account.

Step 2: Select your purchase

Visit Citi Online or log on to the Citi Mobile App. Select your purchase to see available Citi Flex Plan offers.

Step 3: Choose a payment plan

Review the available plan options. You may see multiple options for plan durations and monthly payments. Some plans may come with a monthly Plan Fee, which is added to your fixed monthly payment.

Step 4: Confirm your payment plan

Once you’ve confirmed your payment plan, your new fixed monthly payment will be added to your Minimum Payment Due at the end of each billing period.

What are Citi Flex Pay plan fees?

Your Plan Fee is the fixed fee that’s added to your monthly payment when using Citi Flex Pay. The installment cost of your purchase plus the Plan Fee equals your total monthly payment.

Will I pay interest on Citi Flex Pay?

You won't pay any interest on purchases converted into a Citi Flex Pay plan of up to 24 months. For plans longer than 3 months, a monthly Plan Fee applies.

Can I pay off a Citi Flex Pay early?

There’s no pre-payment penalty for Citi Flex Pay. Simply pay off your balance in full to end your current Citi Flex Pay plan.

When does Citi Flex Pay make sense for Costco Anywhere Visa Card by Citi cardholders?

Citi Flex Pay can be a useful tool for existing Costco Anywhere Visa Card by Citi cardholders:

• Can help make large purchases more manageable: Break up large purchases into smaller payments that fit your budget. Citi Flex Pay allows you to choose a payment amount that works for you.
• Save on interest: Avoid extra interest charges on eligible purchases. Just pay your pre-determined monthly plan fee.
• Predictability: Avoid unexpected surprises when your statement arrives by knowing exactly how much you’ll pay each month.

Understanding if Citi Flex Pay is right for you

Citi Flex Pay is an existing benefit of your Costco Anywhere Visa Card by Citi that can help you manage your large purchases and find more breathing room within your budget. However, it’s important to compare fees and terms before making any decisions. Always make sure to choose the option that works best for your personal situation.

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.