What's the best credit card for Costco?

The best credit card for Costco is the Costco Anywhere Visa Card by Citi. You get 4% back in Costco cash on the first $7,000 you spend per year on gas (including at Costco stations). You also get 3% for restaurant and travel purchases, 2% at Costco and Costco.com, and 1% everywhere else. You get your Costco cash as a yearly certificate every February, and you can redeem it for any Costco purchases at a 1:1 rate.

The Costco card gives you the most rewards at Costco. But if you want a card that offers rewards at other grocery stores, too, there are other options available. And they’re all Visa options, since that’s the only card network that Costco accepts.  

Here are the best credit cards for Costco:

• Costco Anywhere Visa: No annual fee. 4% back at eligible gas stations, 3% on restaurants and travel, 2% on Costco purchases, 1% everywhere else. Good credit required.
• Capital One SavorOne Credit Card: No annual fee. $150 for spending $500 in your first three months. 3% cash back on dining, 2% cash back on groceries, and 1% everywhere else. 
• Capital One Venture Credit Card: $95 annual fee, waived for the first year. 50,000 miles for spending $3,000 in your first three months. 10 miles per $1 at Hotels.com, and 2 miles per $1 everywhere else. 
• PenFed Platinum Rewards Visa Signature Credit Card: No annual fee. $100 for spending $1,500 in your first 90 days. 5 points per $1 on gas, 3 at supermarkets and 1 everywhere else. Excellent credit required.
• Bank of America Cash Rewards Credit Card for Students: No annual fee. $150 for spending $500 in your first 90 days. 3% cash back on gas, 2% at grocery stores and 1% everywhere else. You can get this card with limited credit.

So the Costco Anywhere Visa definitely takes the cake as far as credit cards for Costco go. But you don’t need a credit card with Costco in the name, or even one with extra rewards on groceries, to save on Costco purchases. Some cards, like Capital One Venture and Citi Double Cash, have great earning rates on all purchases. 

Obviously, it's gonna be the branded card, Costco Anywhere. It's not incredible as far as rates go, but the rewards are moulded specifically for them.

That’s obviously going to be the Costco Anywhere Visa Card by Citi. It’s not only great for Costco purchases, but you can use it for all your other purchases and earn rewards. It also doesn’t charge a foreign transaction fee. The card offers 4% cash back on all gas purchases, not just Costco, 3% on restaurants and travel, 2% on Costco purchases, and 1% on all other purchases.