Are there multiple Costco business credit cards?
No, there is just one Costco business credit card - the Costco Anywhere Visa® Business Card by Citi. This card offers rewards and features a $0 annual fee. Just note that it requires a credit score of 750, at a minimum. That means you need excellent credit for approval.
Here is what you need to know about the Costco Business Credit Card:
- Ongoing Rewards: You can earn 4% cash back on eligible gas for the first $7,000 per year, 3% on restaurants and travel, 2% on Costco and Costco.com purchases, 1% on all other purchases.
- $0 Annual Fee: So, you only need to pay the Costco business membership for having this card.
- 0% Foreign Transaction Fee: You can enjoy using your card while traveling, with a 0% foreign transaction fee. You can use this card anywhere Visa is accepted.
- Regular APR: 20.24% (V).
- Annual Reward Coupon: This coupon is redeemable for cash or merchandise at Costco.
If the Costco Business Credit Card card doesn't meet your needs, the Ink Business Unlimited® Credit Card is a great business credit card for Costco purchases. It's a Visa, so it will work at Costco. And you'll earn unlimited 1.5% cash back on all purchases for your business, including those at Costco.
On top of that, cardholders can get $750 for spending $6,000 in the first 3 months. Plus, it's a great financing option, as it features an introductory purchase APR of 0% for 12 months (17.99% - 23.99% (V), based on creditworthiness, thereafter). Chase Ink Business Unlimited has a $0 annual fee.