Yes, the Costco Anywhere Visa is worth it for many shoppers, especially those who frequently shop at Costco and want to maximize their rewards.
The card offers 4% cash back on eligible gas purchases, which can be a significant saving for regular drivers.
You also earn 3% cash back on dining and travel, making it a solid choice for those who enjoy eating out or traveling.
For Costco members, the 2% cash back on all other purchases is a nice bonus, especially since the card has no annual fee.
The ability to earn cash back while shopping at Costco can add up quickly, especially for larger households.
It’s also worth noting that the card offers additional benefits such as travel insurance and purchase protection, which can be valuable for cardholders.
However, the Costco Anywhere Visa is only accepted at Costco and places that accept Visa, limiting its use compared to other general-purpose credit cards.
If you’re not a frequent Costco shopper, you might find better rewards with a different card.
Overall, if you align with its benefits and are a regular Costco shopper, it’s definitely worth considering.
What are the benefits of the Costco Anywhere Visa?
The Costco Anywhere Visa offers 4% cash back on gas, 3% on dining and travel, and 2% on all other purchases at Costco. It also includes travel insurance and purchase protection.
Is there an annual fee for the Costco Anywhere Visa?
No, there is no annual fee for the Costco Anywhere Visa as long as you have a Costco membership.
Can I use the Costco Anywhere Visa anywhere?
The Costco Anywhere Visa can be used anywhere Visa is accepted, but its rewards are maximized at Costco and for certain categories like gas and dining.
How do I redeem my cash back from the Costco Anywhere Visa?
Your cash back is automatically credited to your account once a year, and you receive a check or statement credit based on your accumulated rewards.
What is the interest rate for the Costco Anywhere Visa?
The interest rate varies based on your creditworthiness, but it typically starts around 15.24% APR for purchases, making it competitive for a rewards card.