Costco Credit Card Rewards is a combination of a store credit card and a general rewards card. If you spend a lot on gas, restaurants, and travel, this card has unique rewards that can benefit you. It offers 4% cash back on gas purchases, 3% back on restaurant and travel purchases, and 2% back on all other Costco and Costco.com purchases.
There are no limitations to where you can use your card, this is a Costco Anywhere Visa® Card by Citi. With this card, you can earn rewards at any store that accepts Visa, even though you have to redeem those rewards at Costco (for merchandise or cash) and maintain your club membership.
Costco Credit Card Rewards Benefits
Exclusively for Costco Members: Go Big with Cash Back Rewards.
The Costco Anywhere Visa Card enables shoppers to earn a whopping 4% back on gas, whether you fill your tank at Costco or a regular gas station, this makes this card stand out. You earn a higher rate on the first $7,000 you spend on gas annually, there are no limitations on what type of gas stations are eligible. This benefit could save car commuters and road trip vacationers a whole of money.
Costco card also pays a 3% back on qualifying restaurant and travel purchases, and a flat 1% back on everything else.
These rewards rates make this card one of the best cashback credit cards out there in the market. As long as you don’t mind maintaining a Costco membership and redeeming your rewards at a Costco store.
Costco Credit Card Rewards Details
- Get 4% cashback on eligible gas for the first $7,000 per year and then 1% thereafter
- Earn 3% cash back on restaurants and eligible travel purchases
- Get 2% cashback on all other purchases from Costco and Costco.com
- You get to earn 1% cashback on all other purchases.
- Your card can be used as a Costco Membership ID
APR:24% Variable APR
Penalty APR: Up to 29.99% Variable
Cash Advance APR:24%, Variable
0% on purchases for 7 months
Recommended Credit Score
720 – 850 ( Excellent)