Citibank has surprised its customers in the United States with news that has caused a stir. Its Costco Anywhere Visa® credit card now offers a 5% cashback on gas purchased at Costco gas stations. This change has been enthusiastically received by users, who highlight the significant savings it represents in their daily expenses.
The Costco Anywhere Visa Card Charms Citibank Customers: Check It Out Today
The Costco Anywhere Visa® card from Citibank has established itself as one of the favorites in the United States thanks to its attractive rewards program. In addition to the 5% cashback on gas at Costco, it offers a 4% cashback on gas and electric vehicle charging at other stations, up to a combined limit of $7,000 per year; then, the cashback is 1%.
Also a 3% cashback on restaurants and eligible travel, including flights, hotels, car rentals, and purchases with Costco Travel. A 2% cashback on purchases at Costco and Costco.com, plus a 1% cashback on all other purchases.
All This Makes a Difference and Citibank Knows It
Beyond cash rewards, the card offers additional benefits that make it even more attractive. No foreign transaction fees, ideal for those traveling outside the United States.
It offers purchase protection against damage or theft during the first 120 days after purchase, up to $1,000 per item. The extended warranty of 24 additional months over the manufacturer's warranty, up to $10,000 per item. Additionally, it provides access to Citi Entertainment®, which offers exclusive tickets for events and concerts.
How to Apply for the Card? Nothing Complicated
To obtain the Costco Anywhere Visa® card, it is necessary to be a Costco member in the United States. The application can be made online through the Citibank website or at any Costco store. It is important to have a good credit history, generally with a FICO score of 680 or more.
Although the card offers multiple benefits, it is relevant to note that rewards are issued once a year, in the form of a certificate that can be redeemed for cash or merchandise at Costco stores. It doesn't offer welcome bonuses for new cardholders and requires keeping the Costco membership active; otherwise, accumulated rewards will be lost.
With a competitive rewards program and additional benefits, it is a financial tool worth considering for those who are already Costco members or are thinking of becoming one.