Costco Anywhere Visa Business Card Review: Earn Up to 4% Cash Back + No Annual Fee w/ Costco Membership

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When you sign up for a Costco Anywhere Visa Business Card by Citi, you will earn 4% cash back on your gas purchases. If you are a business owner and this offer sparks an interest in you, please continue to read for more information.

Costco Anywhere Visa Business Card by Citi Features

Costco Anywhere Visa Business Card Top Features

Author’s Verdict

If you’re a small business owner, you know that spending either gas, travel, dining, etc. can accumulate and be quite expensive. With the Costco Anywhere Visa Business Card by Citi, you can have flexibility on your earnings and start saving money on in those common spending categories. You must be a Costco member though to receive these earnings.

But the cash back earning with Costco is a bit different. They are very specific also about the kind of spending you get rewarded for. Additionally, with this particular card, you can not redeem whenever you want. You will only receive an annual cash back coupon every year in February. These are just some things to keep in mind when considering this card.

For the purpose of this post, business owners who travel and drive often for trips should take note of the 4% cash back for the first $7,000 you spend on gas purchases each year with a 1% for any additional gas purchases once you hit the spending cap. But to be clear, you will only earn 1% cash back on gas purchases at warehouse clubs except at Costco, where you will earn 4%. You will also earn just 1% cash back at gas stations that are part of superstores, convenience stores and supermarkets that aren’t Costco.

To help business owners who might not be too sold on Costco, this card can still be beneficial and should be considered because for example, a business membership at Costco will cost you $55. If you spend $7,000 on gas annually, you could potentially earn $280 cash back just on gas. That surely should compensate for an membership fee even if you don’t shop at Costco often.

Provide feedback in the comment section below by telling us your thoughts and experience with this card. Make sure to visit BankDealGuy to explore the Best Credit Cards for Gas Purchases and more credit card bonuses!