Keyaira Sutton, WalletHub Analyst
@keykey
The Costco Credit Card annual fee is $0. However, you need to be a Costco member to apply for this card, which costs $65 per year for a basic Gold Star membership or $130 for an Executive membership.
The Costco Credit Card is still a great option as it offers 5% cash back rewards on gas at Costco and 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter, 3% back on restaurant and eligible travel purchases, 2% back on all other Costco and Costco.com purchases, and 1% back on all other purchases.
Alternative Credit Card Option
If you’re in the market for a good rewards card and you don’t want to pay annual fees or yearly club membership charges, you should consider getting the Wells Fargo Active Cash® Card, instead. This card gives you 2% cash rewards on purchases. Plus, you can earn $200 cash rewards after spending $500 on purchases in the first 3 months. The card’s annual fee is $0.
Popular Credit Cards from Our Partners
People also ask
What are the benefits of a Costco credit card?
The main benefits of a Costco Credit Card are bonus cash back on eligible gas purchases and 3% cash back at restaurants and on eligible travel expenses. Also, Costco Credit Card users don't have to pay an annual fee on top of their yearly Costco membership dues ($65+).
Benefits of a Costco Credit Card
- Earn 5% cash back rewards on gas at Costco and 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter, 3% back on restaurant and eligible travel purchases, 2% back on all other Costco and Costco.com purchases, and 1% back on all other purchases.
- Worldwide Travel Accident Insurance provides up to $250,000 if you or a covered family member dies or...
What are the Costco Visa credit card travel benefits?
The Costco Credit Card travel benefits include cash back rewards on travel purchases, travel insurance, roadside assistance, and various other perks. Together, these factors make the Costco Credit Card a solid choice for travel, especially in the U.S.
Costco Credit Card Travel Benefits
- Cash back rewards in key spending categories, including travel. You’ll get 5% cash back rewards on gas at Costco and 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter, 3% back on restaurant and eligible travel purchases, 2% back on all other Costco and Costco.com purchases, and 1% back on all other purchases.
- No foreign transaction fee. The card has a 0% foreign transaction fee, which means you won't be charged extra for the purchases...
Did we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.