The Costco Anywhere Visa Card by Citi is a popular rewards credit card exclusively for Costco members. It offers generous cash back on Costco purchases and gas along with dining, travel rewards, and no annual fee.
The Costco members gain certain things from the warehouse club and every other benefit attached to it. Read through this post for more insight on the Costco Anywhere Visa Card by Citi.
Benefits of Costco Anywhere Visa Card by Citi
Cash Back Rewards
- 4% cash back on gas purchases – including gas stations and Costco gas stations. This allows you to maximize rewards when fueling up.
- 3% cash back on restaurants and eligible travel purchases such as flights, hotels, car rentals, taxis, rideshares, cruises, etc. This is a very high cashback rate for travel spending.
- 2% cash back on all Costco and Costco.com purchases. Includes anything you buy from Costco warehouses or online.
- 1% cash back on all other purchases made with the card. This base rate still allows you to earn a little money back on everyday spending.
Membership Benefits
- No annual fee is required for having the card since you must be a paid Costco member. Saves you money compared to other rewards cards.
- No foreign transaction fees when traveling internationally and using the card abroad to make purchases.
- Comes with various travel benefits like rental car insurance, travel accident insurance, roadside dispatch for car problems, and travel assistance services. Helpful for Costco members on the go.
The Costco Visa card provides exceptional rewards value with high category cash back rates on gas, dining, travel, and Costco spending. Paired with the perks of an executive or basic Costco membership, it’s easy to maximize money-saving opportunities.
General Features
General Features Of Costco Anywhere Visa® Card by Citi
Contactless Payments
- The card comes enabled with contactless Visa payWave technology that allows you to tap to pay for purchases under a certain amount instead of swiping. This makes checkout faster and more convenient.
Account Management
- Citi provides online and mobile access to manage your credit card account, check statements, monitor transactions, create spending alerts, organize bills, and more. Makes staying on top of your account easy.
Security Features
- The card has zero fraud liability, 24/7 monitoring, encrypted chip technology, and verification codes for making secure purchases and protecting your information.
Automatic Payments
- You can set up autopay directly from your checking account to avoid missed credit card payments and late fees. One less bill to worry about manually paying.
Visa Benefits
- Includes complimentary Visa benefits like roadside dispatch, travel and emergency assistance services, travel accident insurance, auto rental coverage, purchase protection, and more. Provides protection and perks while traveling and shopping.
With robust rewards, account features, and layers of security and assistance benefits, the Costco Anywhere Visa Card is designed to provide exceptional value to members.
Cost And Fees Of Costco Anywhere Visa Card by Citi
Annual Fee
- There is no annual fee for the credit card. An active paid Costco membership (Gold Star or Executive level) is required.
Costco Membership Cost
- Gold Star: $60 per year
- Executive: $120 per year
You can choose either membership level to qualify for and use the Costco Visa Card.
Interest Rates
- Purchase APR: Currently 20.49% variable on any unpaid statement balances. This rate can fluctuate over time.
- Balance Transfer APR: Also 20.49% on balances transferred from another credit card.
- Cash Advance APR: 29.99% charged on cash advances made using the card.
Transaction Fees
- Foreign Transaction Fee: None for international purchases.
- Balance Transfer Fee: 5% of the transfer amount.
- Cash Advance Fee: 5% of the amount advanced ($10 minimum).
Penalty Fees
- Late Payment Fee: Up to $39 per late payment.
- Returned Payment Fee: Up to $39 if your payment doesn’t go through.
When you understand the entire fee structure, it helps you to determine if the Costco Visa card aligns with your spending habits and financial needs before signing up.
The variable 20.49% APR is on the higher side but can be avoided by paying statement balances off in full each month.
Steps to Apply For a Costco Anywhere Visa Card by Citi
Applying for the Costco Anywhere Visa Card is simple and can be done in-store at a Costco warehouse, online, or over the phone.
In the Costco Warehouse:
- Visit your local Costco warehouse and go to the membership counter
- Ask an employee for a Credit Card Application
- Fill out the application with your personal information such as name, address, Social Security number, and income details
- Submit the completed application to the membership employee
Online:
- Go to the Costco website and navigate to the credit cards section
- Click on “Apply Now” for the Anywhere Visa Card by Citi
- Fill out the secure online application with details like your name, address, date of birth, Social Security number, and income information
- Read through the terms and conditions thoroughly before submitting
- Apply and wait for a decision
Phone:
- Call the Citi Credit Card Application Line at 1-800-745-1534
- Clearly state you want to apply for the Costco Anywhere Visa Card
- Provide personal details like full name, home address, SSN, and birthday when prompted
- Answer any additional questions the Citi representative asks regarding income, employment, etc.
- Finish the application process; wait for the next steps on the application status
The online and phone application process only takes 10-15 minutes. You’ll need to provide mandatory information like your SSN, so have your Costco membership details and personal ID handy before applying.
Guide on How to Activate the Costco Anywhere Visa Card by Citi
Locate your activation materials:
You will receive a package that includes your new card, whatever you receive in the package will help you with the activation process.
Choose your activation method:
Online:
- Visit the Citibank website online.
- Input your card number.
- Input your Social Security number, and the last 4 digits of your tax ID number (if it is requested)
- Follow the instructions you see on-screen instructions to complete the process.
Phone:
- Call the activation number listed on the package you received.
- You can also contact Citibank’s general customer service line.
- Follow the instructions or speak with a representative to help you with the activation process.
Mobile App:
- Download the Citi Mobile App from any reliable app store you know.
- Log in to your account.
- Create an account if you do not have one.
- Click on the card activation section
- Follow other instructions to activate your card.
Costco Anywhere Visa Card by Citi – Login guide
Go online and search for the Citibank website
Locate the login section:
Look for the “Sign On” or “Login” button, which is usually at the top of the webpage.
Type your credentials:
- Type in your Citibank username and password.
- If you haven’t created an online account yet, you create one immediately.
Access your Costco Anywhere Visa Card information:
- Firstly, you log in.
- Go to the Credit Cards section within your Citibank online account.
Steps to Make Payments on Costco Anywhere Visa Card by Citi
Online:
Citibank website:
- Check the website and log in to your account.
- Go to the “Credit Cards” and
- select your Costco Anywhere Visa® Card.
- Then “Make a Payment”.
- Thereafter, follow the instructions you see on the screen to make payments.
Citi Mobile App:
- Download the Mobile App from any app store of your choice.
- Log in using your existing Citibank login details.
- Go to the “Payments” section with the app.
- Click on” Make a Payment”.
- Read the instructions carefully to complete the payment by making use of your linked bank account or debit card.
Phone:
Automated System: Call the number given and follow the instructions given to make a payment using your account.
Customer Service: Reach out to a customer service representative to make a payment over the phone.
Mail:
- You can send a check or money order with your payment slip.
- Confirm you mail your payment well before the due date to avoid late fees.
In-Person:
- Visit a Citibank branch around your environment.
- Payment mode can be with cash, check, or money order.
- Come along with your Costco Anywhere Visa® Card and payment coupon with you.
FAQs
Must I have to pay for the card every year?
No, you don’t, but a paid Costco membership is required.
What credit score is required to get the card?
There is no credit score required, but you must have an excellent credit score.
How can I get the card?
You can get it online through the Citibank mobile app or any local Costco warehouse around your environment.
Is it compulsory to be a member?
Yes, you must be a Costco member in other to get the card.
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