Costco Visa eligible gas stations are pretty much any place where you’d pump gas. Ineligible gas purchases include those at warehouse clubs other than Costco and at affiliated convenience stores, even if they have a gas station. But of course, you receive the bonus when you fuel up at Costco, which incidentally tends to sell cheaper gas than a typical gas station.
Eligible gas purchases for Costco Visa cardholders are those made at Costco and at most gas stations worldwide. Non-qualifying gas purchases include fuel used for non-automobile purposes as well as gas charges at supermarkets, superstores, and warehouse clubs other than Costco.
Citibank, which issues the Costco Visa, defines eligible gas stations as any facilities that assign a merchant category code (MCC) for gas stations to its fuel purchases. Eligible purchases get 4% cash back on the first $7,000 spent each year, and 1% cash back afterward. Non-qualifying purchases earn 1% cash back.
Costco Visa eligible travel purchases are airfare, hotel bookings, car rentals, cruise lines, and rideshare services such as Uber and Lyft. Purchases at Costco Travel and other travel agencies also fall under the Costco credit card’s travel category.
There are a number of other transactions that are not considered eligible travel for Costco Visa rewards, such as train and commuter travel fares, bed and breakfasts, timeshares, and campgrounds. Those, and travel-related purchases not categorized with the appropriate merchant category code (MCC) for travel, will earn only 1% cash back.… read full answer
Cardholders will get 3% cash back on all Costco Visa eligible travel purchases with no limits on earnings. In addition to travel, qualifying dining purchases also earn 3% cash back. Rewards are awarded once a year as a reward certificate redeemable at U.S. Costco locations.
The Costco Citi Card benefits range from rewards to travel insurance. Most importantly, the Costco Anywhere Visa Card by Citi enables you to earn rewards on items that may already be discounted heavily. Costco routinely offers great deals, even selling some items below their original purchase price. And the Costco Visa gives you 2% cash back on all Costco purchases.… read full answer
That’s what I call supercharged savings. Plus, you don’t have to pay an annual fee on top of your yearly Costco membership dues ($60+).
Costco plastic provides a bunch of other perks, too. So, let’s explore the best of the bunch.
Here are the Costco Citi card benefits:
Excellent cash back rewards. 4% cash back on your first $7,000 in “eligible” gas purchases each year and 1% cash back thereafter. 3% cash back on restaurants and “eligible” travel expenses, 2% cash back at Costco and Costco.com, and 1% on everything else. ”Eligible” here means purchases that Costco has not exempted from its cash back coverage. Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico.
Protection from damage/loss. The Costco card helps you in two ways here. First, items you buy using your card have extended warranties. Secondly, Citi’s purchase protection may reimburse you for damage or loss of an eligible item within 120 days of the purchase date.
0% foreign fee. No matter where life takes you, you’ll pay no foreign transaction fees on purchases.
Travel insurance. Your rental cars may be insured when you pay with Citi, as long as you decline the rental company insurance.
24/7 travel assistance. Citi will send someone to help you when your car breaks down, for example.
CitiEntertainment. Citi cardholders can buy tickets to certain exclusive entertainment events through this program.
Citi quick lock. This tool allows you to block access to your credit card, without making you change your account number.
And finally, as with most credit cards, you’ll have $0 liability for any unauthorized charges made on your account. As you can see, there’s a lot to like about the Costco Anywhere Visa by Citi.
And Costco’s business card, Costco Anywhere Visa Business Card by Citi, has all the same terms and benefits. If you’re already a Costco member and you have excellent credit, the rewards and other benefits are well worth applying for either of these cards.
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