The Citi Costco Anywhere Visa Card is Here!

Guys, I’m so excited!

I got this card in the mail today, and I can’t wait to use it. The new Costco Citi co-branded credit card is significantly better than the current American Express version. The cash back on nearly every earnings category has been increased – a whopping 4% cash back on gas, 3% on restaurants and travel, 2% at Costco (including Costco.com), and the standard 1% on everything else.

citi costco anywhere visa card

I supplement my miles and points strategy with cash back cards like this one. The 3% cash back on travel expenses helps me fund my future trips. And I regularly shop at Costco for the gas and groceries, so this card is one I will have permanently in my wallet.

I went to citi.com/costcosetup to activate the card and discovered that I couldn’t activate it, but just confirm my receipt of the card. I called customer service to find that I couldn’t use the card until June 20th due to the existing exclusivity contract with Amex. Boo.

Screen Shot 2016-05-19 at 9.08.47 PM

Even if you don’t shop at Costco, I would recommend getting this card for the cash back on gas, restaurants, and travel. For the average household, and at current gas prices, you will break even on the $50 annual fee in about three months. Every spend after that is gravy!

*Reminder*

I’m giving away prizes to my readers at midnight, including a $30 credit for Hyatt hotels and a $10 Macy’s e-gift card. Subscribing is one of the easy ways to enter the raffle, and you can increase your chances with other actions. Read the original post for more information. Winners will be announced on Monday.

Have a great weekend!

5 thoughts on “The Citi Costco Anywhere Visa Card is Here!

  1. Steve lee

    Yes I also can’t wait to use this card, although I have not receive yet,
    And you only can use it on and after June 20.
    For those who desire to get this card, How to apply?
    Any referral incentive?
    Thanks!
    Steve

    1. Ivan Post author

      Hi Steve, for your friends who want the fastest way to get this card, I think the best way is to go to Costco after June 20th and get the card there. I don’t think an online application exists yet for the Citi card due to the exclusivity rights Amex still has on the card until June 20th. I’ll post one if it comes up.

    1. Ivan Post author

      You should have received it by now. You may want to call Citi and ask where your new card is: 1-866-475-1911.

Comments are closed.