Is there an annual fee for Costco Visa card?

Asked by: Mr. Donald Hane MD  |  Last update: February 9, 2022
Score: 4.9/5 (43 votes)

Earn Costco cash rewards anywhere Visa is accepted. Plus, no annual fee with your paid Costco membership. Cash back will be provided as an annual credit card reward certificate once your February billing statement closes, redeemable for cash or merchandise at US Costco Warehouses.

Is the Costco credit card free?

While the card itself has no annual fee, cardholders must have a paid Costco membership, which start at $60 for Gold Star and Business levels, then doubles in price to $120 for Gold Star Executive and Business Executive members. If you're already a Costco member, this isn't really an added cost.

Is Costco membership free with Citi credit card?

No annual fee*

With your paid Costco membership, there's no annual fee for the card.

Is a Costco credit card good to have?

The Costco Credit Card is a good option for Costco members with credit scores of 750+ whose most common expenses include gas, travel and dining, in addition to Costco purchases. The Costco Anywhere Visa offers 2% - 4% cash back in those spending categories, and it's easily worthwhile, thanks to a $0 annual fee.

Can I use my Costco card anywhere?

Your membership card is valid at any Costco warehouse worldwide and is not transferable. You will be required to show your membership card when entering any Costco warehouse and when checking out at a payment register.

Costco Anywhere Visa Credit Card Review 2021 - Is the Costco credit card for you?

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How much is a Costco membership 2020?

$60.00 Annual membership fee* Includes a free Household Card. Add Affiliate Cardholders for $60 each* Valid at all Costco locations worldwide.

How hard is it to get a Costco Visa card?

Applicants need to have excellent credit to qualify for the Costco Anywhere Visa® Card. The exact credit score required varies, but a very good credit score ranges from 740 to 799 and excellent credit is 800 and higher, according to Experian.

Why does Costco only take Visa?

Costco only accepts Visa credit cards. ... Put simply, Costco wants you to use a Visa card because it saves them a considerable amount of money in transaction fees. You can still use most branded debit cards at the register, since the “swipe” fees are much lower for merchants.

Is Costco credit card same as membership card?

Is the Costco Anywhere Visa® Card by Citi also my Costco membership card? Yes. Just like the TrueEarnings® Card from Costco and American Express, it doubles as a membership card. You can also use it to make purchases at stores other than Costco.

How does Costco Visa work?

The Costco Anywhere Visa® Card by Citi earns an impressive 4% cash back on gas purchases (at Costco or elsewhere) on up to $7,000 of spending a year. ... The card also earns 3% cash back on restaurants and most travel purchases, 2% back at Costco and Costco.com, and 1% back on all other purchases.

What is the annual membership fee for Costco?

A Costco membership is $60 a year. An Executive Membership is an additional $60 upgrade fee a year. Each membership includes one free Household Card.

How do I get a free Costco card?

19 Ways to Get a Costco Membership for Free
  1. Use a Costco Shop Card.
  2. Shop with a Costco Member.
  3. Place an Instacart Order.
  4. Shop Online at Costco.com.
  5. Buy Alcohol.
  6. Buy Prescriptions and/or Immunizations. Find a Costco Membership Discount.
  7. Get a Costco Shop Card When You Sign Up.
  8. Check Online Deal Websites.

Does Costco take credit cards 2021?

U.S. Costco warehouse locations accept: All Visa Cards. The Costco Anywhere Visa® Card by Citi. Most PIN-based Debit/ATM Cards.

Why can't you use credit cards at Costco?

Credit cards not accepted at Costco

Since Costco has a contract with Visa, shoppers can't use credit cards backed by the other three main networks, American Express, Mastercard or Discover, at Costco warehouses.

Why can't Costco use Mastercard?

Costco only takes Visa cards. They won't accept Mastercard, Discover or American Express. You can tell if your card is a Visa by looking for the Visa logo (usually on the front). If you don't have a Visa card, you'll only be able to pay with cash, a check or a prepaid Costco Cash Card.

Does Costco take Mastercard for gas?

What credit cards does Costco accept? Costco warehouses and gas stations only accept Visa credit cards, cash, debit cards, and Costco Shop Cards (gift cards). They do not accept Mastercard, American Express, or Discover cards.

Which Costco card is best?

Perhaps the most obvious choice is the Costco Anywhere Visa® Card by Citi. There is no annual fee, and the Costco membership requirement shouldn't be an issue since you need a membership to shop at the warehouse (unless you share with a family member or friend).

Which Costco card is better?

The best credit card for Costco is the Costco Anywhere Visa® Card by Citi. You get 4% cash back in Costco cash on the first $7,000 you spend per year on gas (including Costco stations).

Does Costco credit card have foreign transaction fee?

No. The Costco Anywhere Visa® Card by Citi does not have foreign transaction fees on purchases1 - allowing you to make the most of your credit card when traveling abroad.

Can I go in Costco without a membership?

There is no free Costco membership, shopping pass, day pass, trial pass, guest pass, trial membership, or other trial period where you can walk up to the door, walk in, and buy whatever you'd like. However, if you'd simply like to see what the store has to offer, you are welcome to enter and walk around and look.

Does Costco offer senior discount on membership?

Unfortunately, Costco does not offer discounted memberships for senior citizens in 2022. However, Costco does provide senior shopping hours (from 8:30am – 10am) for those over 60. Costco does run exclusive promotions on memberships for medical professionals, teachers, students, military service people, and veterans.

How much is it to add a third person to Costco membership?

The annual cost is $60 per card (the additional Business Membership card plus one Household Member card, which can be assigned to anyone over 18 at the same address). There are four ways to add a Business Membership card: Head to Costco.com and sign in to access your account details.

Does Costco check your ID?

it's a membership club so they are expected to check IDs. You don't have to use the card now; there's a phone app that shows your face and membership details.