What are the Costco Visa travel benefits?

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 Credit Card travel insurance coverage includes travel accident insurance and rental car insurance.

The travel accident insurance benefit covers you, your spouse, your domestic partner and/or your dependents up to $250,000 per person against death or dismemberment. The coverage applies while you are traveling on a common carrier like a plane, train, bus or boat, as long as you paid for the full fare using the card.… read full answer

The rental car insurance policy on the Costco Credit Card provides up to $50,000 per rental in reimbursement for collision damage and theft. The car must be rented entirely with the Costco Credit Card, and the cardholder must decline the optional insurance offered by the rental agency.

Here’s how to file a claim:

To file a claim, call (866) 918-4670 as soon as possible to make use of the rental car insurance or within 60 days for the travel accident insurance. Citi will advise you what documents should be submitted with your claim form. Alternatively, you can visit citi.com/Costco to download a claim form for submission.

Ultimately, you have to return the claim form and all requested documents within 180 days of the incident. Citi will notify you of its decision once they have processed your claim.

Keep in mind that both types of Costco Credit Card travel insurance have a lot of fine print, so be sure to read your card’s benefits guide to see coverage exclusions.

The benefits of a Costco Credit Card range from rewards to travel insurance, along with shopping benefits such as extended warranty protection. 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, and the Costco Credit Card gives you 1 - 4% cash back on purchases. 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+).… read full answer

Benefits of a Costco Credit Card

• 4% cash back on the first $7,000 spent on eligible gas purchases each year and 1% cash back thereafter.
• 3% cash back at restaurants and on eligible travel expenses.
• 2% cash back on Costco and Costco.com purchases.
• 1% cash back on non-bonus-category purchases.
• Worldwide Travel Accident Insurance provides up to $250,000 if you or a covered family member dies or sustains certain injuries during your trip.
• Damage & Theft Purchase Protection covers repairs or refunds on items purchased with a Costco Credit Card that are damaged or stolen within 120 days of the purchase date.
• Extended Warranty protection adds an additional two years onto an existing manufacturer’s warranty and will cover repair or replacement costs up to $10,000 per item.
• 0% foreign transaction fee on purchases abroad or online through internationally-based merchants.
• Worldwide Car Rental Insurance covers your rental car against theft and damage from an accident, natural disaster or vandalism when you pay with a Costco Credit Card and decline the rental company’s insurance.
• Travel & Emergency Assistance provides travel support services 24/7 before and during a trip, including help with travel arrangements, medical and legal referrals, and more.
• Citi Entertainment provides cardholders special access to buy tickets to certain exclusive events.
• Citi Quick Lock allows you to block access to your account without having to order a new card.

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® Card by Citi.

Costco’s business card, Costco Anywhere Visa® Business Card by Citi, has the same benefits as the consumer card, plus lost baggage protection. If you’re already a Costco member and you have excellent credit, the rewards and other benefits make it worth applying for one of these cards.