Costco Anywhere Visa® Business Credit Card by Citi review 2026
Written byJasmin Baron
Reviewed by Robin Saks Frankel
Summary
- The Costco Anywhere Visa® Business Card by Citi is the only business credit card designed exclusively for Costco members who want to earn cash back on everyday spending — not just warehouse purchases.
- With up to 5% cash back on eligible gas purchases at Costco, elevated rewards on travel and dining, a competitive annual percentage rate (APR), and no annual fee with a paid membership, it can deliver strong value for business owners who already shop at Costco regularly.
- But there are tradeoffs: There’s no welcome offer, no intro APR period, and rewards aren’t flexible — they’re issued once per year rather than throughout the year.
- Our Costco business credit card review breaks down rewards, fees, benefits, drawbacks, and who’s most likely to get the most from the card.
Costco Anywhere Visa Business card overview
The Costco Anywhere Visa® Business Card by Citi is the best credit card for Costco business members, offering a generous tiered rewards structure with extra-strong earnings on gas, EV charging, restaurants, travel, and more. Here’s a quick glance at what the card has to offer.
Feature | Details |
Annual fee | $0 with a paid Costco membership |
APR | 18.74% - 26.74% (Variable), based on creditworthiness as of July 5, 2026 and subject to change |
Welcome offer | N/A |
Rewards | 3% cash back on restaurants and eligible travel purchases and eligible travel, including Costco Travel. 2% cash back on all other purchases from Costco and Costco.com. 1% cash back on all other purchases. |
Foreign transaction fee | 0% |
Key card details
- Available exclusively to Costco members
- Accepted anywhere Visa is accepted
- The card doubles as membership identification at Costco
- Employee cards available
- Annual cash-back redemption structure
- No foreign transaction fees
- Includes select travel and purchase protections
Nav’s verdict
The Costco Anywhere Visa® Business Card by Citi stands out for businesses that have significant fuel, travel, dining, and Costco expenses. Its rewards categories are easy to understand, and the lack of foreign transaction fees makes the card ideal for international spending.
However, if you prioritize flexible, ongoing access to rewards, premium travel benefits, or a welcome bonus, you may find stronger value elsewhere.
Cash-back rewards breakdown
The card's rewards are especially strong on fuel and EV charging, making it one of the best gas credit cards for businesses (particularly when combined with Costco’s competitive gas prices). Other useful categories, such as restaurants and travel, also earn elevated rewards.
Here’s the full breakdown:
Spending category | Cash back | Notes |
Eligible gas purchases at Costco gas stations | 5% | On up to $7,000 per year (combined with other gas and eligible charging), then 1% |
Other eligible gas and EV charging purchases | 4% | On up to $7,000 per year (combined with eligible Costco gas purchases), then 1% |
Restaurants and eligible travel | 3% | Includes Costco travel, no spending cap |
Costco and costco.com purchases | 2% | No spending cap |
All other purchases | 1% | No spending cap |
Compared with many business gas cards, Costco credit card cash-back rates go beyond just spending at the pump. Businesses that regularly buy inventory, office supplies, food, or fuel can earn bonus rewards across multiple categories instead of managing separate cards.
Pros and cons
While the Costco Anywhere Visa® Business Card by Citi offers compelling rewards and perks, it’s not all upside. Evaluate these advantages and drawbacks before you decide to apply.
Card features and benefits
Citi Costco business card benefits include protection for eligible purchases, select travel coverage, and extras you might not expect on a business credit card.
Purchase protection
Eligible purchases made with your card may receive damage and theft protection for up to 120 days after purchase (90 days for New York residents), subject to terms and coverage limits.
Citi Entertainment access
Cardholders receive access to select presale ticket opportunities and experiences, including concerts, sporting events, and dining events.
Travel benefits
Business owners who travel internationally will appreciate that the Costco Anywhere Visa® Business Card by Citi doesn’t charge foreign transaction fees. In addition, cardholders can receive a handful of travel protections, including:
- Lost luggage protection
- Travel and emergency assistance services
- Worldwide car rental insurance
- Travel accident insurance
- Roadside dispatch
While it’s not marketed as a travel credit card, it can help reduce international business expenses by avoiding foreign transaction fees.
Here’s a major limitation to be aware of: Cash back earned with the Costco business credit card isn’t redeemed throughout the year.
Instead, rewards accumulate and are issued as a single annual reward certificate after your February billing statement closes. Certificates can be redeemed for cash or merchandise in-store at participating U.S. Costco warehouse locations and expire on Dec. 31 of the year they were issued.
Businesses that prefer statement credits or on-demand redemption may want to compare alternatives before applying.
Who should get this card
The Costco Anywhere Visa® Business Card by Citi may be a good fit for:
- Owners looking for a Costco business membership credit card
- Businesses that already shop at Costco regularly
- Businesses with recurring fuel expenses
- Owners looking to avoid annual card fees
- Companies with moderate restaurant or travel spending
Business types that may benefit most include:
- Retail businesses
- Restaurants and food service operations
- Delivery businesses
- Contractors and trade professionals
- Small office teams purchasing supplies in bulk
That said, businesses that spend heavily outside bonus categories may find a flat-rate business rewards card more valuable.
How to apply
Eligibility requirements
To be eligible for the Costco Anywhere Visa® Business Card by Citi, you should expect to:
- Maintain an active Costco membership (it doesn’t have to be a business membership)
- Have at least 25% ownership in the business
- Provide personal and business information
- Meet issuer credit and verification requirements
Credit score requirements
Citi does not publish a specific minimum credit score requirement for the Costco Anywhere Visa® Business Card by Citi. But typically, you’ll have the best odds of approval with an excellent credit score.
Application process
Applying typically takes only a few minutes. Follow these steps:
- Confirm Costco membership status
- Gather business information and identification
- Complete the online application
- Submit and wait for a decision
- Activate the card after approval
Costco Anywhere Visa® Business Card by Citi alternatives
If the Costco Anywhere Visa® Business Card by Citi doesn’t quite meet your needs, plenty of other business credit cards offer generous rewards and benefits. Whether you prefer cash back, flexible points, or travel rewards, here are some top picks to consider.
All rates and fees are valid as of July 7, 2026 and subject to change.
Card | Annual fee | Welcome offer | Rewards |
$0 | Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership. | Earn 2X points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter. Terms and limitations apply. | |
Citi® / AAdvantage Business™ World Elite Mastercard® | $99, waived for first 12 months | Earn 65,000 American Airlines AAdvantage® bonus miles after spending $4,000 in purchases within the first 4 months of account opening. | Earn 2 AAdvantage® miles per $1 spent on eligible American Airlines purchases, and on purchases at telecommunications merchants, cable and satellite providers, car rental merchants and at gas stations. Earn 1 AAdvantage® mile per $1 spent on other purchases. |
Ink Business Cash® Credit Card | $0 | Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. | Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn. |
Ink Business Unlimited® Credit Card | $0 | Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. | Earn unlimited 1.5% cash back on every purchase made for your business. |
Ink Business Preferred® Credit Card | $95 | New Cardmember Offer! Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. | Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases-with no limit to the amount you can earn. |
$195 | $1,000 cash back after spending $10,000 on purchases within the first three months of account opening | 5% cash back on Lyft rides through Sept. 30, 2027 |
