Question: What Does Costco Visa Card Get You?

Here are the rewards you earn: 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter. 3% cash back on restaurants and eligible travel purchases. 2% cash back on all other purchases from Costco and Costco.com.

What does the Costco credit card get you?

What are the rewards on the Costco Anywhere Visa? You earn 4% cash back on gas purchases (at Costco as well as other gas stations) on up to $7,000 in gas spending per year (1% after that); 3% cash back on restaurants and most travel purchases; 2% back at Costco and Costco.com; and 1% cash back on all other purchases.

Does Costco credit card give you membership?

Earn Costco cash rewards anywhere Visa is accepted. Plus, no annual fee with your paid Costco membership. Cash back will be provided as an annual credit card reward certificate once your February billing statement closes, redeemable for cash or merchandise at US Costco Warehouses.

Can you get a Costco credit card without a membership?

Can I get the Costco credit card without a Costco membership? No, a Costco membership is required to apply for a Costco credit card. Additionally, the membership must remain open and in good standing to earn and redeem rewards.

How much do I get back on Costco card?

You’ll get 4% back on eligible gasoline purchases for the first $7,000 per year and then 1% thereafter. You’ll also earn 3% on restaurants and eligible travel purchases, including Costco Travel. Get 2% back on all eligible purchases from Costco and Costco.com and 1% on all other purchases.

How do I use my Visa Rewards at Costco?

To redeem them, simply visit your local Costco warehouse (they are valid anywhere within the U.S., including Puerto Rico). Please note that reward coupons can’t be redeemed at our gas stations or online at Costco.com.

Is it worth it to get a Costco membership?

Costco has a reputation as a paradise for thrifty and bulk-size shoppers, but having a Costco card won’t pay off for every person. Though the cheap gas, booze, and deals on bulk items can seem promising, if you’re prone to impulse shopping and wasting food, for example, a membership might not be worth it for you.

What are the benefits of a Costco membership?

3 Perks For Costco Members

• Quality Items. Costco.com is chock-full of quality items and has savings on products from leading brands.
• Risk-free shopping. A Costco membership pairs the best values with a reliable, 100% satisfaction guarantee.
• Upgrade for even more.

Why does Costco only take Visa?

The warehouse club agreed to accept only Visa cards, and in exchange, the credit company lowered Costco’s merchant fee to a negligible less than 0.4 percent. By trimming its own costs, Costco can keep prices lower for its members. From there, Visa was happy to step in.

How long does it take to get approved for Costco credit card?

When you apply for the Costco Citi Visa in person at a Costco location, you may get approved or denied instantly, or it may take up to a few weeks to receive a decision by mail or email. If you’re approved, you can expect to receive your card in the mail within 7 to 14 business days.

How does Costco card work?

Membership Cards and Fees Your membership card is valid at any Costco warehouse worldwide and is not transferable. You will be required to show your membership card when entering any Costco warehouse and when checking out at a payment register.

Is Costco credit card same as membership card?

Yes. Just like the TrueEarnings® Card from Costco and American Express, it doubles as a membership card. You can also use it to make purchases at stores other than Costco. The Costco Anywhere Visa® Card by Citi’s annual fee is $0, but to get it you have to be a Costco member, which costs at least $55 a year.

How many Costco cards can you have on one membership?

Two cards: One for primary member plus a free household card for the member’s spouse, domestic partner, or anyone under 18 living at the same address. Available to anyone age 18 or older. Shop at any Costco location worldwide and Costco.com.

Can you cash out Costco rewards?

Can you cash out Costco rewards? Costco credit card rewards certificates can be redeemed for merchandise in the Costco warehouse, or you can cash it out. If you want cash, Costco reserves the right to pay you by cash, check or electronic transfer.

How do I get cash from Costco credit card?

To get a Citi Cotsco cash advance, you can either withdraw funds from an ATM or visit a local Citibank branch and ask the teller for a cash advance. Cash advances are expensive, so it’s best to avoid them whenever possible. There may be additional bank fees if you withdraw cash from an ATM.