Costco Anywhere Visa® Business Card by Citi Costco Anywhere Visa<sup>®</sup> Business Card by Citi
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Costco Anywhere Visa® Business Card by Citi Review

Apply for a Costco Anywhere Visa® Business Card by Citi
Rating:
Bottom Line:
Good for businesses that are Costco members and spend a decent amount on gas and Costco purchases

Full Review:
The Costco Anywhere Visa® Business Card by Citi (a NextAdvisor advertiser) makes sense for those who have a Costco membership and are looking for a cash back card that reaps generous rewards. If you're interested in the card's benefits, you can even sign up for a Costco membership and then apply for the card online.

Businesses will earn a generous 4% back on gas (up to $7K per year, then 1%), 3% back on restaurants and travel, 2% back on Costco and Costco.com purchases, and 1% on all other purchases. The gas rewards are really nice, especially to anyone who is a road warrior or who has employees that drive frequently. There are some exceptions, as gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco doesn't qualify for the 4% back and instead earns 1% back, but overall this is a great deal. And getting 2% back at Costco year-round without any limits is great, particularly if you tend to spend a decent amount there.

The cash back rewards you earn with the Costco Anywhere Visa® Business Card by Citi are given as an reward coupon each year in your February billing statement. The coupon can then be used for cash or for merchandise at Costco. If this is a deal-breaker, and you're not specifically interested in a business card that earns rewards at Costco, consider the Ink Business Cash® Credit Card which has no annual fee, a $200 intro bonus, and offers 5% back on office supplies, cable, internet and telecom and 2% back on gas and dining.

In addition to the great rewards, you can take advantage of the card's 7-month 0% intro APR on purchases. If you have a large (or small) purchase or two in the near future, this interest-free period can be very helpful in paying down your balance without paying a cent in interest.

Overall, the Costco Anywhere Visa® Business Card by Citi is a smart pick choice for businesses who frequently make purchases at Costco, and who tend to spend more on gas, at restaurants and on travel. Note that you do need to be, or become, a Costco member to apply for this card.

Rewards Highlights From Citi
  • Exclusively for Costco Members: Go Big with Cash Back Rewards. Receive a reward coupon annually which is redeemable for cash or merchandise at US Costco warehouses
  • 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter
  • 3% cash back on restaurants and eligible travel purchases
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases

Fees and APR
  • No annual fee with your paid Costco membership.
  • Purchase APR: 0%* for 7 months on Purchases*, then 16.24%* (Variable).
  • Balance Transfer APR: N/A
  • Balance Transfer Fee: N/A
  • Foreign Transaction Fee: 3% of each purchase transaction in US dollars. No fee for purchases at Costco worldwide.
  • *Additional details can be found on the Citi landing page.


Apply for a Costco Anywhere Visa® Business Card by Citi

This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi.

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Card Details

Features:4% cash back on US gas (up to $7K/yr); 3% cash back at restaurants and on eligible travel; 2% on Costco purchases; 1% cash back on other purchases.
Purchase APR:0%* for 7 months on Purchases*, then 16.24%* (Variable)
Annual Fee:No Annual Fee with your paid Costco Membership
Credit Needed:Excellent

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