Costco Anywhere Visa® Business Card By Citi
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The Costco Anywhere Visa® Business Card By Citi is a rewards card designed for small business owners who shop at Costco. Warehouse stores such as Costco don’t often qualify for cash back on other cards, so this card is a good value. Technically, it doesn’t have an annual fee, but you do need to be a Costco member, which is currently $60 a year. The rewards are good, but there is no welcome offer.
One quirk is that you can only redeem rewards once a year after your February statement closes and only redeem them at Costco. We dive into the details in this Costco Business review.
Our Rating
4.0/5.0
Welcome Offer
None
Annual Fee
$0 (requires Costco membership)
0% on Purchases
N/a
Reward Rate
1% to 4% cash back
0% on Balance Transfers
N/a
Welcome Offer
None
Features & Benefits
| Security | EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Identity theft protection, Card Lock |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
| Benefits | Purchase Protection, 24/7 customer service |
| Travel Perks | Access to Special Events and Concerts, Auto Rental Collision Damage Waiver, Concierge Services, Emergency Travel Assistance, Luggage Protection, Roadside Assistance, Travel Accident Insurance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 (requires Costco membership) |
| Foreign Transaction Fee | None |
| Regular APR | 20.49% (V) APR |
Insurance
Purchase Protection
Damage & Theft Purchase Protection may cover you for repairs or a refund if purchases made with your Citi card are damaged or stolen within 120 days of purchase (90 days for New York residents).
Pros & Cons
- No annual fee
- No foreign transaction fee
- Up to 4% cash back
- No welcome bonus
- High APR
- Requires good credit
- Requires Costco membership
What Are the Best Alternatives?
Capital One Spark Miles for Business
Rating
4.7
Rewards Range
2x to 5x miles
Annual Fee
$0 intro for first year; $95 after that
The American Express Blue Business Cash™ Card
Rating
4.6
Rewards Range
1% - 2%
Annual Fee
No annual fee
Amazon Business Prime American Express Card
Rating
4.0
Rewards Range
1% to 5%
Annual Fee
No annual fee