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
no offer
Up to 29.99% (Variable)
27.49% (Variable)
17.49% (Variable)
$0
  • 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

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
no offer
Up to 29.99% (Variable)
27.49% (Variable)
17.49% (Variable)
$0
  • 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
  • 3% cash back on restaurants and eligible travel purchases
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases
  • No annual fee with your paid Costco membership and enjoy no foreign transaction fees on purchases
  • Whether you're traveling for business or pleasure, enjoy no foreign transaction fees on purchases
  • Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico

Our Take

TPG Editor's Rating

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3/5

Overview

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.

Pros

  • 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

Cons

  • 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.

Earning Rewards

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.