Maria Adams, Credit Cards Moderator
The Costco Credit Card does not have a foreign transaction fee. This means that you will not be charged extra for using your card anywhere in the world where Visa is accepted. That would obviously come in handy at the more than 200 Costco stores abroad. Some locations include Canada, the United Kingdom, Japan, South Korea, Mexico, and Taiwan. There’s also no fee when shopping online from foreign merchants.
The lack of foreign transaction fees isn’t the only thing that makes the Costco Credit Card a worthwhile global travel companion. This card also gives 4% cash back on eligible gas and and EV charging purchases (up to $7,000 spent per year), 3% back on restaurants and travel, 2% back on Costco and Costco.com purchases, and 1% back on all other purchases.
Ultimately, it is worth noting that the Costco Anywhere Visa® Business Card by Citi also comes with a 0% foreign fee and a similar rewards structure as the Costco Credit Card.
Costco Anywhere Visa® Card by Citi
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