Costco Anywhere Visa® Business Card by Citi: A Comprehensive Review

Costco Visa Business: High rewards on gas/travel, no foreign fees.

Costco Anywhere Visa® Business Card by Citi: A Comprehensive Review


  • Annual Fee: $0 (with paid Costco membership)
  • APR: 20.49% variable, based on the Prime Rate
  • Cash Advances: 29.99% APR
  • Citi Flex Plan: 20.49% APR
  • Foreign Transaction Fees: None


  • Cash Back Rewards:
    • 4% on eligible gas and EV charging purchases (up to $7,000 per year, then 1%)
    • 3% on restaurant and eligible travel purchases
    • 2% on all other purchases from Costco and
    • 1% on all other purchases
  • No Foreign Transaction Fees: Ideal for international business travel
  • Reward Certificate: Issued annually, redeemable for cash or merchandise at Costco warehouses
  • Costco Membership Benefits: Card doubles as your Costco membership ID


  • Cash Advance Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Late Payment Fee: Up to $41
  • Membership Requirement: Must maintain a paid Costco membership to earn and redeem rewards

Product Summary

The Costco Anywhere Visa® Business Card by Citi offers substantial cash back on categories beneficial for both personal and business use, especially for regular Costco shoppers. The combination of high rewards on gas, dining, and travel, along with the absence of an annual fee (with a Costco membership), makes this card a valuable tool for businesses. Additionally, the lack of foreign transaction fees adds excellent value for businesses that involve travel. The card's requirement for a Costco membership might be its only drawback for some, but for those already shopping at Costco, it enhances the membership benefits significantly.

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