Costco Anywhere Visa – How to apply

By Raquel Oliveira • 03/17/2025

Costco Anywhere Visa Card offers High cashback rates on gas, restaurants, and travel purchases.

The Costco Anywhere Visa by Citi is a smart option for Costco members looking to earn cashback on everyday purchases. With competitive cashback rates in essential spending categories, it helps maximize savings with every transaction.

A standout benefit of this card is its 4% cashback on gas and EV charging, making it one of the most rewarding options for fuel purchases. Additionally, it offers 3% cashback on dining and travel, ensuring users earn significant rewards on common expenses.

For Costco shoppers, this card provides 2% cashback on all Costco purchases, whether made in-store or online. Since many members make bulk purchases, this feature adds long-term value and enhances overall savings.

Unlike many rewards cards, the Costco Anywhere Visa has no annual fee, provided the cardholder maintains an active Costco membership. This makes it a cost-effective choice for those already shopping at Costco and looking to earn cashback.

How does the Costco Anywhere Card Visa work?

The Costco Anywhere card Visa is a card aimed at Costco members that combines rewards benefits with practical use. And it works like your membership card, eliminating the need to carry two cards. 

The Costco art it’s about a versatile solution that combines the functions of a credit card and Costco membership card. 

With it, you can simplify your wallet, using the same card to access Costco stores and make payments. To start using all the card’s features, simply access the official page and register.

Main Benefits of the Costco Anywhere Visa

• 4 percent cashback on gas and EV charging, up to $7,000 per year, then 1 percent after that
• 3 percent cashback on dining and eligible travel purchases
• 2 percent cashback on Costco purchases, both in-store and online
• 1 percent cashback on all other purchases
• No annual fee, as long as you maintain an active Costco membership
• No foreign transaction fees, making it a great choice for international travelers

Cons of Costco Anywhere Credit Card

First, you need to be a Costco member to get the card. This means that in addition to the Costco membership fee, you’ll need to pay this annual fee to take advantage of the card’s benefits. 

For those who don’t regularly shop in-store, this can be a significant hurdle. Another negative point is the 4% cashback limitation on gasoline, restricted to the first $7,000 annually spent in this category. 

After reaching this value, the return drops to 1%, which can be a disadvantage for consumers who have higher expenses for fuel or charging electric vehicles. 

APR and Fees

The Costco Anywhere Visa has a variable APR, which depends on the cardholder’s creditworthiness. For purchases, balance transfers, and Citi Flex Plans, the APR ranges from 19.74 percent to 27.74 percent.

The APR for cash advances is higher, at 29.74 percent, making it costly to withdraw cash using this card. Additionally, if a payment is late or returned, a penalty APR of up to 29.99 percent may be applied.

There are no foreign transaction fees, making it an appealing option for frequent international travelers. However, the card does charge fees for balance transfers and cash advances.

Balance transfers incur a fee of 5 percent or $5, whichever is greater, while cash advances also carry a 5 percent fee, with a minimum charge of $10.

How to Apply for the Costco Anywhere Visa

To apply for the Costco Anywhere Visa, you must first be an active Costco member. If you are not already a member, you will need to sign up for a membership before applying for the card.

Once your membership is active, you can apply online through the Citi website or call customer service to complete the application process. The application typically requires basic personal information, including name, address, income, and existing debts.

Citi will review your application and, in most cases, provide an approval decision quickly. If approved, the card will be mailed to you, and you can start using it immediately.

How to Use the Costco Anywhere Visa Efficiently

To maximize the benefits of this card, cardholders should use it strategically in its highest cashback categories.

• Use the card for all gas and EV charging purchases to earn 4 percent cashback, up to $7,000 per year
• Pay for dining and travel expenses with the card to take advantage of the 3 percent cashback rate
• Make all Costco purchases using the card to ensure 2 percent cashback on bulk shopping trips
• Avoid carrying a balance, as the APR can be high after the introductory period
• Be aware that cashback is distributed annually, so plan purchases accordingly

By following these strategies, cardholders can optimize their rewards and make the most of the Costco Anywhere Visa.

Final Verdict: Is the Costco Anywhere Visa Worth It?

The Costco Anywhere Visa is an excellent cashback card for Costco members who spend frequently on gas, travel, and dining. With high rewards rates in these categories, the card provides significant value for those who maximize their spending.

The 4 percent cashback on gas is one of the best rates available, making it an ideal choice for drivers who regularly fill up their tank. Additionally, the 3 percent back on dining and travel makes it useful for cardholders who frequently eat out or book trips.

However, the biggest downside is that cashback is only issued once per year as a certificate, meaning users cannot redeem rewards on a rolling basis like with other cashback cards. Additionally, since an active Costco membership is required.

Overall, the Costco Anywhere Visa is a strong choice for existing Costco members who want to earn rewards on both everyday and travel-related purchases, all without paying an annual fee.