Redeeming RewardsĪ major downside of the Costco Anywhere Visa is the hassle required to redeem your rewards. And on all other purchases that don’t fall under any of the aforementioned categories, the card will get 1% cash back. The same concept applies to restaurants you will earn only 1% at bakeries, restaurants and cafes inside department stores, grocery stores and other warehouse clubs.įor your shopping trips to Costco and, the Citi Costco Visa Card will earn 2%. All travel purchases that are ineligible for additional cash back such as timeshares, campgrounds, bed and breakfasts, trains and other commuter transports will only earn 1%. The types of travel purchases that will earn extra cash back include airfare, car rentals, cruise lines, Costco Travel purchases, hotels and travel agencies. The Costco Card offers increased cash back on spending at restaurants and on eligible travel. You will only earn 1% cash back, not 4%, for gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco or for fuel used for non–automobile purposes.” That means if you go to a gas station that Visa classifies as a convenience store, you will only earn 1% cash back. The Rewards Program Terms states: “Certain Non–Qualifying Purchases. ![]() Citi and Costco define eligible gas as gas stations that Visa classifies as a gas station. A Costco membership is required to apply. A Costco member can use the Costco Anywhere Visa card by Citi to 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 eligible travel purchases, 2% cash back on all other purchases from Costco and and 1% cash back on all other purchases.
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