The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
- Costco Anywhere Visa® Business Card by Citi
An excellent no annual fees rewards card for Costco members
- 1–4% Cash Back*Rewards Rate
- 20.49% VariableAPR
- $0Annual Fee
- ExcellentRecommended Credit
MoneyGeek uses a comprehensive, six-step process that involves collecting credit card information, standardizing data point weights, establishing the card’s value and ranks for different categories, reviewing data monthly and reprocess rankings, among other key rating factors. Our methodology and review process helps us determine the best credit cards for different consumer profiles based on card fees, interest rates, rewards, benefits and more.
For generous rewards on gas and travel expenses, the Costco Anywhere Visa® Business Card by Citi is a good choice. The reward rates offered by this card make it a high-value card for small and medium businesses that are loyal to Costo. Categories such as gas purchases earn you up to 4% cashback with this card, while rewards for travel and restaurant purchases are set at 3%. Your Costco purchases will earn you 2% cash back and all other eligible purchases get 1% cash back. For Costco members, especially business owners, the Costco Anywhere Visa® Business Card by Citi is a great way to earn substantial rewards.
Costco Anywhere Visa® Business Card by Citi Overview
In order to understand if you can make the most of the bonuses and rewards offered by the Citi Costco Anywhere Visa Business Card, here’s a breakdown of what you need to know.
- $0 annual fee
- Competitive APR for purchases
- 4% cash back on spending of up to $7,000 per year on all gas purchases globally, and 1% thereafter
- 3% cash back on spending at restaurants and on eligible travel purchases worldwide
- All purchases at Costco and Costco.com (other than gas) come with 2% cash back
- Spending across all other categories gets you 1% cash back
- Redeem earned cash back for merchandise or cash at any Costco warehouse in the U.S. and Puerto Rico
- No foreign transaction fees
- Complimentary extended warranty and damage and theft purchase protection
- Complimentary access to Citi Concierge and Citi Entertainment
- Fraud early warning in case of suspicious activity
Important Card Details
Before you apply for the Costco Anywhere Visa® Business Card by Citi, it is important to be aware of the applicable charges and fees that will apply to your account.
The regular variable APR on purchases is 20.24% depending on factors such as your creditworthiness. The Costco Anywhere Visa® Business Card by Citi does not have an introductory APR offer.
Cash Advance APR
For cash advances, the APR is 29.99%. You will also pay a cash advance fee of either $10 or 5% of the amount of the cash advance, whichever is greater.
Rewards Earning Rate
You will earn 4% cash back for all your gas purchases up to the $7,000 limit per year. Your travel and restaurant expenses will earn rewards at a rate of 3%, while your in-store and online Costco purchases will earn cash back at a rate of 2%. The Costco Anywhere Visa® Business Card by Citi is also accepted in other stores besides Costco, so you will earn 1% cashback for all eligible purchases.
This card has no annual fee, but you do need to have a Costco membership to qualify for this card.
Foreign transaction Fees
The Costco Anywhere Visa® Business Card by Citi has no foreign transaction fee. This means that you can use it when traveling internationally or order from suppliers outside the U.S. without paying additional transaction fees.
Beyond the rewards and benefits, the Costco Anywhere Visa® Business Card by Citi comes with some extra features that make the card extra valuable.
How the Costco Anywhere Visa® Business Card by Citi Compares To Other Cards
The Costco Anywhere Visa® Business Card by Citi offers decent rewards in spending categories such as gas and travel. For businesses that spend a lot in these categories, this card offers a lot of value. However, if you compare this card with other cards, you may find an option that is better suited to your needs.
How the Costco Anywhere Visa® Business Card by Citi Compares
Costco Anywhere Visa® Business Card by Citi
- Annual fee: None
- Purchase APR: 20.24% Variable
- Foreign transaction fee: None
- Rewards rate: 4% cash back on gas, 3% cash back for travel and dining, 2% cash back at Costco stores, 1% cash back on all other purchases.
- Redemption options: Limited to once a year at Costco Warehouses
- Mini Verdict: Best for Costco members who spend a lot on gas, travel and dining expenses.
American Express® Business Gold Card
- Annual fee: $295
- Purchase APR: 19.49% – 27.49% Variable
- Foreign transaction fee: None
- Rewards rate: Four points per dollar on the two categories you spend the most each billing period on up to $150,000 in annual spending.
- Redemption options: Multiple options with no time restrictions.
- Mini Verdict: Best for businesses looking for high rewards in specific categories and a flexible business card.
Frequently Asked Questions
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.