You’ll also get 3 percent cash back on dining (including fast food and sit down restaurants, bars, lounges and cafes) and select travel purchases, such as airfare, hotel bookings, car rental charges, travel agent expenses, cruise bookings and purchases you make on. But that still gives you just over $580 a month to earn 4 percent per dollar spent – allowing you to collect up to $280 every year. See related: FAQs on Costco Anywhere Visa Card by CitiĬiti caps bonus spending for gas purchases at $7,000 a year. To see whether a purchase at a particular station qualifies as a gas purchase, you should check the merchant’s MCC code. Tip: Though convenience store purchases are technically excluded from the Citi Costco card’s 4 percent gas bonus, most gas stations attached to convenience stores will still earn the bonus, since the Visa network codes these stations as gas stations rather than convenience stores.
Gas also has to be used to fill up a car to qualify for the bonus. The only merchants that are excluded are gas stations at another warehouse club, grocery store, superstore or convenience store. It doesn’t matter if you’re braving the lines at Costco’s fuel station or at another qualifying station. You’ll get 4 percent cash back on every dollar you spend filling up your tank or charging your electric vehicle (up to $7,000 per year, then 1%). If you spend a lot on gas each month, you should get a pretty good return from this co-branded store card. This card requires some patience, though, since it only lets you claim your earnings once a year. It also offers a strong cash-back bonus on restaurant and travel spending and a decent bonus on other Costco purchases. Capitalizing on Costco’s reputation for offering cheaper gas than the average fuel provider, the Costco Anywhere Visa card offers one of the best bonuses you can get on year-round gas purchases. If you regularly shop for deals at Costco, you could potentially get even more value from your membership – and put some money back into your pocket – by using a co-branded store card to pay for your Costco purchases.
Costco Anywhere Visa Card by Citi Review: More Details
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