Costco is a well-known membership-based warehouse club that provides its customers with access to a variety of products at discounted prices. In addition to the products and services that Costco offers, the company also provides its members with access to financial products, including the Costco Anywhere Visa Card by Citi (CIT). The Costco CIT is a co-branded credit card that provides cardholders with a variety of benefits, including cashback rewards, travel benefits, and more. In this article, we’ll take a closer look at the Costco CIT, its features, benefits, and more.
Features of the Costco CIT
The Costco CIT is a credit card that is co-branded by Citi and Costco. The card provides a variety of features that are designed to provide cardholders with maximum benefits and convenience. Here are some of the key features of the Costco CIT:
Cashback rewards: The Costco CIT provides cardholders with cashback rewards on all of their purchases. The card offers 4% cashback on eligible gas purchases (up to $7,000 per year), 3% cashback on eligible restaurant and travel purchases, 2% cashback on all other purchases from Costco and Costco.com, and 1% cashback on all other purchases.
No annual fee: The Costco CIT does not have an annual fee, which means that cardholders can enjoy all of the benefits of the card without having to pay any additional fees.
No foreign transaction fees: The card does not charge any foreign transaction fees, which makes it a great choice for frequent travelers.
Extended warranty: The Costco CIT provides cardholders with an extended warranty on eligible purchases. This can help protect cardholders against the cost of repairs or replacements for items that are covered under the extended warranty.
Travel benefits: The card provides cardholders with a variety of travel benefits, including travel accident insurance, trip cancellation and interruption protection, and more.
Additional benefits: The Costco CIT also provides cardholders with access to additional benefits, including Citi Entertainment, which provides cardholders with access to special ticket offers and experiences.
Contactless payment: The card supports contactless payment methods, which allows cardholders to pay for their purchases quickly and easily.
Digital wallet: The Costco CIT can be added to a variety of digital wallets, including Apple Pay, Google Pay, and Samsung Pay, which makes it even more convenient to use.
Additional cards: Cardholders can request additional cards for authorized users at no additional cost. This can be a great way to earn more rewards and benefits while still being able to manage expenses.
Costco Citibank is a credit card offered by Citibank, specifically designed for Costco members. The card offers various rewards, including cash back and travel rewards, making it a popular choice for those who frequently shop at Costco. The card is accepted at all Costco locations worldwide, as well as any merchant that accepts Visa.
One of the most significant benefits of the Costco Citibank credit card is its cashback rewards program. The card offers 1% cash back on all purchases, with no limit on the amount of cashback you can earn. Additionally, cardholders can earn up to 4% cashback on eligible gas purchases worldwide, up to $7,000 per year, and 3% cashback on eligible restaurant and travel purchases. Costco purchases made with the card also earn 2% cashback.
Another feature that sets the Costco Citibank card apart from other credit cards is its travel rewards program. Cardholders can earn 3% cashback on eligible travel purchases, including airfare, hotels, car rentals, and more. Additionally, the card offers various travel benefits, such as worldwide travel accident insurance and car rental insurance.
In addition to its rewards programs, the Costco Citibank credit card offers various other benefits, including extended warranty coverage and purchase protection. The card also has no annual fee, making it an affordable choice for those who want to earn rewards without paying extra fees.
Overall, the Costco Citibank credit card is an excellent choice for frequent Costco shoppers who want to earn cashback and travel rewards on their purchases. Its cashback rewards program, travel rewards program, and other benefits make it a popular choice among consumers, and its no annual fee makes it an affordable option as well. If you’re a frequent Costco shopper, the Costco Citibank credit card may be worth considering.
Costco CIT has a variety of features and benefits that make it an attractive option for Costco members looking to save money and earn rewards on their purchases. Some of the most notable features include:
High cash back rewards: Cardholders can earn 4% cash back on gas purchases, up to $7,000 in annual spending, 3% cash back on dining and travel purchases, and 2% cash back on all other purchases from Costco and Costco.com. These rewards can add up quickly, especially for those who frequently shop at Costco or travel frequently.
No annual fee: Unlike many rewards cards, the Costco CIT card does not have an annual fee, which makes it a more affordable option for those who want to earn rewards without having to pay extra for the privilege.
No foreign transaction fees: For frequent travelers, the Costco CIT card can be a great option because it does not charge any foreign transaction fees. This means cardholders can use the card to make purchases abroad without having to pay extra fees, which can save a significant amount of money over time.
Extended warranty and damage protection: When cardholders use the Costco CIT card to make purchases, they may be eligible for extended warranty coverage and damage protection, which can help protect their purchases and save them money if something goes wrong.
Price protection: Another benefit of using the Costco CIT card is that it offers price protection, which means that if a cardholder makes a purchase and then finds the same item for a lower price within a certain timeframe, they may be eligible for a refund of the difference.
Roadside assistance: For those who frequently drive, the Costco CIT card offers roadside assistance as a benefit, which can be a valuable service in the event of a breakdown or other emergency.
Travel and emergency assistance: Cardholders can also take advantage of travel and emergency assistance services, which can help with everything from lost luggage to medical emergencies while traveling.
Digital wallet compatibility: The Costco CIT card is compatible with digital wallet services like Apple Pay and Google Pay, making it easy for cardholders to make purchases using their mobile devices.
Additional card benefits: In addition to these features, the Costco CIT card also offers a range of other benefits, such as auto rental insurance, travel accident insurance, and more.
Easy application process: Applying for the Costco CIT card is a straightforward process that can be completed online. Applicants will need to provide some basic information, such as their name, address, and income, and will typically receive a decision within minutes.
Overall, the Costco CIT card can be a great option for Costco members who are looking to save money on their purchases and earn rewards in the process. With its high cash back rewards, no annual fee, and a range of other benefits, it’s no surprise that this card is a popular choice among savvy shoppers.
