Getting a Costco credit card can be a great way to save money on your shopping trips.
The card offers cash back rewards on purchases at Costco and other places.
You can apply for a Costco Anywhere Visa® Card by Citi online, in-store, or by phone.
The process is quick and simple.
You’ll need to provide some basic information about yourself and your income.
Once approved, you can start using your card to earn cash back on gas, travel, restaurants, and Costco purchases.
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The Costco credit card has no annual fee with your paid Costco membership.
This makes it a good choice for regular Costco shoppers.
The card also offers other perks like travel insurance and extended warranty protection on purchases.
Key Takeaways
- The Costco credit card offers cash back rewards on various purchase categories
- Applying can be done online, in-store, or by phone with basic personal information
- The card has no annual fee and comes with additional benefits for Costco members
Getting Started with Your Costco Credit Card Application
The Costco Anywhere Visa offers cash back rewards and serves as your Costco membership ID.
To apply, you’ll need to meet some basic requirements and have an active Costco membership.
Eligibility and Requirements
To get a Costco credit card, you need to be at least 18 years old and have a valid Social Security number.
You’ll also need a good credit score.
Citi, the card issuer, will check your credit history during the application process.
Your income matters too.
Citi wants to make sure you can pay your bills.
They’ll ask about your job and how much you make each year.
You must also have a Costco membership.
If you’re not a member yet, you can sign up when you apply for the card.
Applying on Costco.com
Applying online is quick and easy.
Go to Costco’s website and look for the credit card section.
Click “Apply Now” to start your application.
Fill out the required information, including your personal and financial details, to complete the application process.
If you’re unsure about how to sign up for credit card approval, Costco provides helpful guidelines on their website.
After submitting your application, you should receive a decision within a few minutes.
If you’re interested in a company account, you may also want to explore how to sign up for business credit card options, as Costco offers solutions tailored for businesses.
Be sure to review the terms and rewards associated with different card types to choose the one that best suits your needs.
Once approved, you can start using your new card immediately for both in-store and online purchases.
You’ll need to give some personal info:
- Full name
- Address
- Phone number
- Social Security number
- Annual income
The process takes about 10-15 minutes.
After you submit, you might get approved right away.
If not, Citi will let you know by mail in a few days.
Understanding Costco Membership
A Costco membership is a must for the Costco Anywhere Visa card.
There are two types:
- Gold Star: Basic membership for $60 per year
- Executive: $120 per year, with extra perks
Your credit card doubles as your membership ID.
You’ll use it to enter Costco stores and check out.
The card’s cash back reward comes once a year as a certificate.
You can use it at Costco or get cash.
But remember, if you cancel your Costco membership, you’ll lose the credit card too.
Maximizing Your Card Perks and Rewards
The Costco Anywhere Visa Card offers great perks and rewards.
Cardholders can earn cash back on many purchases and enjoy extra benefits.
Earning Cash Back Rewards
The Costco Anywhere Visa Card gives cash back on different types of spending.
Cardholders get 4% back on eligible gas and EV charging, up to $7,000 per year.
After that, it’s 1%.
For dining out, the card gives 3% back at restaurants.
This includes cafes, bars, and fast food places.
Travel lovers get 3% back on eligible travel purchases.
This covers airfare, hotels, car rentals, and more.
At Costco, shoppers earn 2% back on all purchases.
This applies both in-store and on Costco.com.
For everything else, the card gives 1% cash back.
There’s no limit on how much you can earn.
Benefits of the Costco Anywhere Visa Card
The card has no annual fee with a Costco membership.
This saves money right away.
It also has no foreign transaction fees.
This is great for international travel.
The card comes with travel and purchase protections.
These can help if trips are canceled or items are damaged.
Cardholders get access to Citi Entertainment.
This offers special access to events and experiences.
The card uses chip technology.
This adds extra security when shopping.
Redeeming Costco Cash Rewards
Rewards come once a year as a certificate.
This arrives after the February billing statement.
The certificate shows the total cash back earned for the year.
It can be redeemed at any U.S. Costco store.
Members can exchange it for cash or use it for Costco purchases.
There’s no minimum redemption amount.
If you cancel your Costco membership, you lose any unredeemed rewards.
It’s best to use them before canceling.
Additional Card Features and Offers
The card offers Citi Flex Plans.
These let you split big purchases into fixed monthly payments.
There’s also a business version of the card.
It has similar rewards but is designed for business expenses.
The card gives access to Citi Identity Theft Solutions.
This helps if your identity is ever stolen.
Cardholders can set up account alerts.
These help track spending and detect fraud.
The Costco Anywhere Visa also works as your Costco membership ID.
This means one less card to carry.
Frequently Asked Questions
The Costco credit card application process involves a few key steps and requirements.
Here are some common questions people have about signing up and using the card.
What do I need to apply for a Costco credit card?
To apply for a Costco credit card, you’ll need to be a Costco member.
You’ll also need to provide your Social Security number and personal information.
Having a good credit score helps too.
Citi, the card issuer, will check your credit history during the application process.
Can you walk me through the online application process for the Costco Citi card?
The online application for the Costco Citi card is straightforward.
Start by visiting the Citi website and clicking “Apply Now”.
Fill out your personal details, income, and Costco membership info.
Submit the form and wait for a decision.
It often takes just a few minutes to get approved.
What are some of the perks of having a Costco credit card?
The Costco Anywhere Visa offers several benefits.
Cardholders get 4% cash back on gas purchases up to $7,000 per year.
There’s also 3% back on restaurants and travel, 2% on Costco purchases, and 1% on everything else.
The card has no annual fee with your paid Costco membership.
Who is eligible to apply for a Costco credit card?
To be eligible for a Costco credit card, you must be at least 18 years old and a U.S. resident.
You also need an active Costco membership.
A good credit score improves your chances of approval.
Citi doesn’t state a minimum credit score, but higher scores are more likely to be approved.
What’s the best method to apply for a Costco credit card, online or in-store?
Both online and in-store applications work well.
Online is often faster and more convenient.
You can apply from home and get a quick decision.
In-store applications let you ask questions to Costco staff.
You can visit the membership counter at any Costco warehouse to apply.
How can I contact customer service for the Costco Citi card?
To contact Costco Citi card customer service, call 1-855-378-6467.
You can find this number on the back of your card.
You can also log into your account on the Citi website for online support.
For general Costco membership questions, visit a local warehouse or call 1-800-774-2678.