Blue Cash Everyday® Card From American Express
vs. Costco Anywhere Visa® Card by Citi

Updated: July 2, 2024

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Both the Blue Cash Everyday Card from American Express and the Costco Anywhere Visa Card by Citi offer appealing cash back rewards without annual fees. The Costco Anywhere edges ahead with a slightly higher cash back score, especially if you're a frequent Costco shopper.

On the other hand, those who prioritize flexibility and online shopping rewards will appreciate the Blue Cash Everyday's broad cash back categories and introductory APR offer.

Credit Card logo for Blue Cash Everyday® Card From American Express
Blue Cash Everyday® Card From American Express
Credit Card logo for Costco Anywhere Visa® Card by Citi
Costco Anywhere Visa® Card by Citi
MoneyGeek Rating
3.7/ of 5
MoneyGeek Rating
3.7/ of 5

  • Regular APR
    19.24%–29.99% variable
    20.49% variable
    0% APR Offer
    0% for 15 months on purchases
    -
    Intro Offer
    Earn $200
    No current offer
    Rewards Summary
    Earn 1%–3% cash back
    Earn 1–4% cash back
    Balance Transfer Offer
    0% for 15 months on balance transfers
    -
    Balance Transfer Fee
    Either $5 or 3% of the amount of each transfer, whichever is greater
    Either $5 or 5% of the amount of each transfer, whichever is greater
    Annual Fee
    $0
    $0
    Recommended Credit
    670–850 (Good to Excellent)
    740-850 (Excellent)
    Penalty APR
    29.99% variable, can last over six months
    Up to 29.99%
    Not sure?

Which Card Is Better for You?

You might prefer the Blue Cash Everyday if you value a card that rewards your everyday spending. With cash back on supermarket, online retail and gas station purchases, a $200 welcome offer and no annual fee, it's a solid choice for routine expenses. The introductory 0% APR for 15 months on purchases and balance transfers can also be particularly helpful for managing cash flow or paying down debt.

You might prefer the Costco Anywhere Visa if you're a frequent Costco shopper or spend a lot on gas and travel. The card's higher cash back rates in these categories can add up quickly, especially with no foreign transaction fees. Although it lacks an introductory offer, the ongoing rewards can outweigh this if your spending aligns with the card's bonus categories. Remember, a Costco membership is required to benefit from this card.

Head-to-Head Comparison: Card Details and Features

Evaluating APRs, fees, credit requirements, rewards and other features will clarify which card better aligns with your financial needs and lifestyle. For instance, the Costco Anywhere's rewards structure could be more beneficial if you shop at Costco and spend a lot on gas. If you don't, you may get more from the Blue Cash Everyday's welcome offer and varied cash back categories.

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    Regular APR: Tie

    Both the Credit One Bank American Express Card and the Credit One Bank Platinum Rewards Visa With No Annual Fee offer a Regular APR of 29.74% variable. There is no difference in APR between these two cards.

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    Annual Fee: Credit One Platinum Rewards

    For avoiding annual fees, the Credit One Bank Platinum Rewards Visa With No Annual Fee is the clear winner with its $0 annual fee, compared to the Credit One Bank American Express Card which charges $39.

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    Introductory 0% APRs: Tie

    Neither the Credit One Bank American Express Card nor the Credit One Bank Platinum Rewards Visa With No Annual Fee offers an introductory 0% APR for purchases or balance transfers. For options that do, consider exploring best zero interest credit cards.

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    Rewards: Credit One Platinum Rewards

    The Credit One Platinum Rewards is better for rewards, offering 2% cash back on eligible gas, grocery, mobile phone, internet, cable, and satellite TV services. In contrast, the Credit One Amex provides a flat 1% cash back on all purchases.

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    Welcome Offers: Tie

    Neither the Credit One Bank American Express Card nor the Credit One Bank Platinum Rewards Visa With No Annual Fee offers a welcome bonus, making this feature a tie between the two cards.

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    Recommended Credit Score: Credit One Amex

    The Credit One Bank American Express Card is more accessible, requiring a lower credit score range of 580-740, compared to the Credit One Bank Platinum Rewards Visa's 670-850 range.

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    Penalties and Fees: Credit One Bank American Express® Card

    For penalties and fees, the Credit One Bank American Express Card is slightly better due to its lower cash advance fee of either $5 or 8% of the amount, compared to the Credit One Bank Platinum Rewards Visa's cash advance fee of either $10 or 5%.

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    Issuer Satisfaction: Tie

    Since both cards are issued by Credit One Bank, they share the same issuer satisfaction rating of 2.0. There is no difference in issuer satisfaction between the two cards.

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    Other Features & Perks: Tie

    Both cards offer unique perks that cater to different preferences. The Credit One Amex provides valuable travel and shopping benefits, including $0 Fraud Liability, Retail Protection, exclusive access to presale tickets, and Travel Accident Insurance. On the other hand, the Credit One Platinum Rewards emphasizes convenient account management with its mobile app, customizable alerts, and free online credit score and report summary, alongside $0 Fraud Liability. Choosing between them depends on whether you value travel and shopping perks or account management and credit monitoring tools more.

Rewards Comparison

The Costco Anywhere card wins out over the Blue Cash Everyday in overall rewards, particularly with its 4% cash back on gas and EV charging and 3% on dining and travel. The additional 2% back on Costco purchases can be a significant perk for Costco loyalists.

The Blue Cash Everyday's rewards are still solid, with 3% cash back at U.S. supermarkets and online retail purchases. The table below outlines the bonus categories for each card to help you compare at a glance.

Category
Blue Cash Everyday
Costco Anywhere

Gas & EV Charging

2%

4% (until $7,000 per year, then 1%)

U.S. Supermarkets

3%

1%

Restaurants

1%

3%

Travel

1%

3%

Costco Purchases

1%

2%

Redeeming Rewards

Transitioning from the rewards earning potential of both cards, let's examine how you can redeem these rewards. The Credit One Amex simplifies the process by automatically applying your cash back as a statement credit. There's no need to worry about reward expiration either, as your cash back does not expire as long as your account remains in good standing. On the other hand, the Credit One Platinum Rewards does not specify a redemption method, but similarly, the rewards do not expire as long as your account is active. Both cards ensure that the rewards you earn are straightforward to use and maintain.

Methodology

MoneyGeek evaluates credit cards like the Blue Cash Everyday and Costco Anywhere using a tailored scoring system for various use cases. This approach ensures that the score reflects the card's performance in the scenario where it provides the most value.

For cash back cards, the primary factors we consider are the effective reward rate and the return on investment for offers. These elements — along with annual fees, introductory purchase rates and issuer satisfaction — contribute to a card's overall score. For a detailed understanding of our process, you can review our ranking methodology.

FAQ: Blue Cash Everyday vs. Costco Anywhere Card

Which card offers a welcome bonus?
How do the cash back rewards differ between the cards?
Are there any introductory APR offers?
Which card is better for international purchases?
Do either of the cards have an annual fee?

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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