No, the Costco credit card does not have an annual fee.
This card is designed to be cost-effective for Costco members, making it a popular choice for those who shop at Costco regularly.
While you won’t pay an annual fee, you do need to be a Costco member to apply for the card.
The Costco Anywhere Visa® Card by Citi offers various benefits, including cash back on purchases, which can make it a great option for avid Costco shoppers.
You can earn 4% cash back on eligible gas, 3% on restaurant and travel, 2% on Costco purchases, and 1% on all other purchases.
Keep in mind that if you want to take full advantage of these rewards, maintaining an active Costco membership is essential.
The card also features no foreign transaction fees, which is a plus for those who travel abroad.
It’s worth noting that while there’s no annual fee for the card itself, you will need to cover the cost of your Costco membership if you’re not already a member.
Overall, the Costco credit card can be a valuable tool for saving money while shopping, especially for those who frequently visit Costco locations.
Is there any fee to apply for the Costco credit card?
No, there is no fee to apply for the Costco credit card itself.
What benefits does the Costco credit card offer?
The Costco credit card offers cash back rewards on various categories, including gas, dining, travel, and Costco purchases.
Do I need to be a Costco member to get the credit card?
Yes, you must have an active Costco membership to apply for the Costco credit card.
Are there any foreign transaction fees with the Costco credit card?
No, the Costco credit card does not have foreign transaction fees, making it a good option for international travel.
What happens if I cancel my Costco membership?
If you cancel your Costco membership, you may lose access to the credit card benefits and rewards.