5 Best Visa Credit Cards to Use at Costco

Costco has quirks, a few of which take extra getting used to than others. One of probably the most intriguing, from my perspective as somebody who spends a lot of time fascinated with bank cards, is Costco’s obvious distaste for American Express. You can’t use Amex wherever within the Costco universe — not in its shops, not on its web site, not even at its budget-friendly fuel pumps.

In addition, Costco’s warehouse shops and fuel stations solely settle for Visa bank cards: no Mastercard or Discover — and positively not Amex — based on Costco’s listing of acceptable cost strategies. Costco.com does settle for Mastercard and Discover, however that’s chilly consolation for individuals who want to buy in individual.

Payments-wise, the one silver lining for in-store customers is a comparatively current lodging for well-liked cellular wallets, together with Apple Pay, Google Pay, and Samsung Pay. If you may have a non-Visa card tied to a kind of wallets, it’s best to have the ability to use it in-store.

Best Visa Credit Cards to Use at Costco

Still, one of the best ways to cope with Costco’s cost pickiness is to establish a trusty Visa card to make use of on-line, on the warehouse, and on the fuel pump — and persist with it.

These bank cards are all glorious spending aids for individuals who often store at Costco. The first two are clear winners on this class, so I’d extremely suggest making use of for one or the opposite for those who like what you see.

1. Costco Anywhere Visa® Card by Citi

4% Back on Gas Purchases, Including at Costco Gas Stations (Up to the First $7,000 in Eligible Purchases Each Year); 2% Back on Purchases at Costco Stores and Costco.com

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The Costco Anywhere Visa® Card by Citi is one of the best bank card to make use of at Costco, interval. Indeed, the cardboard itself is a Costco procuring hack: It’s nearly assured to save lots of Costco customers greater than one other cost methodology.

The Costco Anywhere Visa card actually shines on the fuel pump, the place it earns 4% again on the primary $7,000 in eligible purchases annually. This contains non-Costco fuel too. In-store and on-line Costco purchases earn 2% again.

That means you’d must spend $3,000 on eligible Costco purchases to interrupt even on the $60 annual membership price by means of Costco-earned bank card rewards alone. But with such a horny rewards construction, chances are high good you’ll break even nicely earlier than then.

  • Sign-Up Bonus: There’s presently no sign-up bonus. Check again for the newest presents.
  • Rewards Rate: Earn 4% again on the primary $7,000 in fuel purchases at Costco stations and different qualifying fuel stations, excluding stations affiliated with different warehouse golf equipment and sure supermarkets, superstores, and comfort shops. Earn limitless 3% again on eligible journey and restaurant purchases. Earn limitless 2% again on all non-gas purchases at Costco and Costco.com and limitless 1% again on the whole lot else, together with fuel purchases above the $7,000 annual restrict.
  • Redeeming Rewards: You’ll obtain a coupon for the complete amount of money again earned throughout the earlier calendar 12 months together with your February billing assertion. You can redeem this coupon at any Costco warehouse location as a credit score towards in-store purchases or for money. If the coupon worth is bigger than the in-store purchases you’re making an attempt to redeem for, you’ll redeem the rest in money.
  • Introductory APR: None.
  • Important Fees: There’s no annual price apart from the annual Costco membership price — presently $60.
  • Credit Required: This card requires glorious credit score.

See our Costco Anywhere Visa Card by Citi evaluation for extra data. Learn extra about this card and discover out how one can apply right here.

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2. Costco Anywhere Visa® Business Card by Citi

4% Back on Gas Purchases, Including at Costco Gas Stations (Up to the First $7,000 in Eligible Purchases Each Year); 2% Back on Purchases at Costco Stores and Costco.com

Costco Anywhere Business Credit Card

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The Costco Anywhere Visa® Business Card by Citi is the small-business model of the patron Costco Anywhere Visa card and is functionally similar to its counterpart: similar rewards scheme, similar redemption procedures, similar price schedule.

The solely distinction is correct there within the title. This card is right for enterprise homeowners, solopreneurs, even freelancers and gig financial system employees — anybody who qualifies for a Costco enterprise membership.

  • Sign-Up Bonus: There’s presently no sign-up bonus. Check again for the newest presents.
  • Rewards Rate: This card’s rewards scheme is similar to the patron Costco Anywhere Visa’s.
  • Redeeming Rewards: This card’s coupon-based redemption procedures are the identical as these of the patron Costco card.
  • Introductory APR: None.
  • Important Fees: There’s no annual price for the cardboard apart from the $60 annual Costco membership. The international transaction price is 3%, besides at worldwide Costco places.
  • Credit Required: This card requires glorious credit score.

See our Costco Anywhere Visa Business Card by Citi evaluation for extra data. Learn extra about this card and discover out how one can apply right here.

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3. Citi Double Cash® Card

Unlimited 1% Cash Back on Eligible Purchases and 1% Cash Back on Eligible Balance Payments

Citi Double Cash Card Art 12 4 19

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The Citi Double Cash® Card is a well-liked cash-back bank card that successfully earns limitless 2% money again while you pay your steadiness on time and in full. This fee of return is the same as the Costco Anywhere Visa card’s in-store and on-line return, with the additional benefit of month-to-month redemptions.

The draw back, after all, is that Double Cash doesn’t pay 4% money again on fuel purchases. But it’s nonetheless nothing to sneeze at.

  • Sign-Up Bonus: There’s presently no sign-up bonus. Check again for the newest presents.
  • Rewards Rate: Earn limitless 1% money again on eligible purchases while you make them and 1% money again on eligible steadiness funds — supplied you pay at the very least the minimal cost due by the assertion due date. This equates to an efficient 2% fee of return on all eligible purchases, together with Costco purchases, while you pay your steadiness in full and on time.
  • Redeeming Rewards: After reaching the $25 minimal redemption threshold, you’ll be able to redeem your amassed cash-back rewards for a paper test, assertion credit score, present card, or checking account deposit.
  • Introductory APR: Enjoy 0% for 18 months on steadiness transfers. Thereafter, variable common APR applies. There’s no corresponding promotion for purchases.
  • Important Fees: There’s no annual price. The international transaction price is 3%.
  • Credit Required: This card requires good to glorious credit score.

See our Citi Double Cash Card evaluation for extra data. Learn extra about this card and discover out how one can apply right here.

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4. Chase Freedom Unlimited® Credit Card

Unlimited 1.5% Cash Back on Most Eligible Purchases; 0% APR on Purchases for 15 Months From Account Opening

Chase Freedom Unlimited Credit Card

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The Chase Freedom Unlimited® Credit Card is one other cash-back bank card that delivers a stable fee of return on Costco purchases: limitless 1.5% money again.

Freedom Unlimited’s 3% and 5% bonus classes don’t lengthen to Costco, however its unusually beneficiant 0% APR introductory promotion — good for 15 months on purchases — actually does. Few playing cards are higher decisions for financing a large Costco spree.

  • Sign-Up Bonus: Earn $200 bonus money after you spend at the very least $500 in eligible purchases within the first three months. Plus, earn 5% money again on grocery retailer purchases (not together with Target or Walmart purchases) on as much as $12,000 spent within the first 12 months.
  • Rewards Rate: Earn limitless 1.5% money again on most purchases, aside from the next: Unlimited 5% money again on all eligible journey purchases made by means of Chase Ultimate Rewards journey; limitless 3% money again on eligible drugstore and eating purchases (together with takeout and supply); and limitless 5% money again on Lyft rides by means of March 2022.
  • Redeeming Rewards: Redeem in any quantity for assertion credit, checking account deposits, present playing cards, journey and common merchandise purchases made by means of Chase’s Ultimate Rewards portal, and merchandise purchases made instantly with on-line retailers akin to Amazon. You also can switch factors to collaborating Chase journey companions at a positive 1-to-1 ratio.
  • Introductory APR: Enjoy 0% APR on purchases for 15 months from account opening. Thereafter, variable common APR applies.
  • Important Fees: There is not any annual price. Foreign transactions price 3%.
  • Credit Required: This card requires good to glorious credit score.

See our Chase Freedom Unlimited Credit Card evaluation for extra data. Learn extra about this card and discover out how one can apply right here.

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5. Chase Sapphire Preferred® Card

Fantastic Sign-Up Bonus

Sapphire Preferred Card Art 8 17 21

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The Chase Sapphire Preferred® Card, a number one journey rewards bank card, doesn’t confer any particular privileges on Costco customers and doesn’t have a super-long 0% APR promotion for purchases.

But it does have a wonderful sign-up bonus that’s purpose sufficient to make it a part of your Costco rotation. And it delivers a ten% enhance on base level earnings (factors earned at a fee of 1 level per $1 spent) after your account anniversary. That bonus applies to Costco purchases, naturally.

Don’t miss out on this card’s wonderful Visa Signature advantages, both, like fundamental journey and buy protections.

  • Sign-Up Bonus: Earn 60,000 bonus Ultimate Rewards factors after spending $4,000 on eligible purchases within the first three months. That’s price $750 when redeemed for journey booked by means of Chase Ultimate Rewards or assertion credit towards eligible purchases utilizing Chase’s limited-time Pay Yourself Back function.
  • Rewards Rate: Earn 5 factors complete per $1 spent on eligible journey purchases made by means of the Chase Ultimate Rewards portal, after exhausting the $50 annual Chase Ultimate Rewards resort credit score. Earn 3 factors per $1 spent on eligible restaurant purchases, choose streaming service purchases, and on-line grocery purchases. Earn 2 factors per $1 spent on all different journey purchases and 1 level per $1 spent on all different eligible purchases. Through March 2022, earn 5 factors per $1 spent on qualifying Lyft rides.
  • Redeeming Rewards: The greatest option to redeem factors is for journey bought by means of the Chase Ultimate Rewards portal or — for a restricted time solely — assertion credit towards choose purchases utilizing Chase’s Pay Yourself Back function. Both strategies enhance factors’ redemption worth by 25%. Alternatively, you’ll be able to switch factors to a few dozen Chase journey companions at a positive 1-to-1 ratio.
  • Introductory APR: None.
  • Important Fees: The annual price is $95. There are not any international transaction charges.
  • Credit Required: This card requires good to glorious credit score.

See our Chase Sapphire Preferred Card evaluation for extra data. Learn extra about this card and discover out how one can apply right here.

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Final Word

These bank cards serve Costco members nicely. That stated, none — not even the superb Costco Anywhere Visa Card by Citi and its business-friendly counterpart, each of that are tailor-made to Costco loyalists — is price getting a Costco membership for.

Before making use of for a card to make use of at Costco, crunch the numbers and ensure {that a} warehouse membership membership is price it for you and your loved ones. Consumers for whom shopping for in bulk doesn’t make financial sense aren’t prone to get a lot worth out of a Costco membership and won’t even recoup the annual membership price.

If you’re moderately certain {that a} Costco membership will cut back your internet family bills in the long term, take into account making use of for one in every of these playing cards shortly after signing up. You would possibly as nicely be able to reap the rewards in your very first Costco procuring journey.