Best for business owners who frequently shop at Costco
The popular warehouse store isn’t just for households; it’s a huge money-saver for business owners who manage a storefront. If you frequently purchase products at Costco, the Costco Anywhere Visa Business Card is an absolute must-have.
At a glance
- 4% 4% cash back on eligible gas and EV charging purchases for the first $7,000 per year and then 1% thereafter
- 3% 3% cash back on restaurants and eligible travel purchases
- 2% 2% cash back on all other purchases from Costco and Costco.com
- 1% 1% cash back on all other purchases
- Discover the only business credit card designed exclusively for Costco members
- 4% cash back on eligible gas and EV charging purchases for the first $7,000 per year and then 1% thereafter
The Costco Anywhere Visa Business Card mimics the consumer version with no annual fee and a strong earning rate on Costco and everyday purchases. However, the benefit of carrying a business card is that you get to separate your business and personal expenses, making it easier to keep your finances in check.
- Earn 4% cash back on eligible gas and EV charging purchases for the first $7,000 per year (then 1% thereafter); 3% cash back on restaurants and travel; 2% cash back on Costco purchases; 1% on everything else.
- Purchase protection
- Extended warranty
- Citi Entertainment access
- No annual fee
- No sign-up bonus offered.
- You can only redeem your cash back once per year in February.
- A Costco membership is required to apply.
Who is this card good for?
This card is best for Costco members who own a business, as you’ll need an active membership to apply for this card.
You’ll earn 4% cash back on eligible gas, and EV charging purchases (on up to $7,000 per year; then 1%), 3% back at restaurants and on eligible travel purchases, 2% back on in-store and online Costco purchases, and 1% on all other eligible purchases.
Frequently asked questions
Is the Costco Anywhere Visa Business Card by Citi worth it?
If you’re a business owner who’s already a Costco shopper to purchase bulk goods, there’s no reason why you shouldn’t apply for this card that will help you maximize your purchases greatly.
How do I receive my cash-back rewards?
You’ll receive your cash-back rewards once a year after your February billing statement closes in the form of a rewards certificate, which you can then redeem for merchandise or cash at Costco.