Citi Costco Business Credit Card Review
Key Takeaways
We still suggest skipping this card in favor of options with a sign-up bonus. If you want to maximize Costco spending, this version is better than the personal card since it won’t take up a 5/24 slot, but it’s still not a priority.
Why This Card Could Be Right For You
The Costco Anywhere Visa Business card offers strong cash-back multipliers for loyal Costco shoppers, especially those who regularly fill up on gas at Costco.
- 5% back on gas at Costco and 4% back on other eligible gas and EV charging (combined $7,000 annual cap)
- 3% back on restaurants and eligible travel, including Costco Travel
- 2% back on all other Costco purchases
- 1% back on all other purchases
For frequent Costco shoppers, these rewards can add up to a meaningful annual payout. However, the card does not offer a sign-up bonus, and rewards are limited to Costco redemptions or cash back. There is no annual fee for the card itself, but a Costco membership is required, starting at $65 per year.
When The Usual Advice Doesn't Apply
The exceptions where this card might not be good for you:
- You want to utilize your spending for points and miles for travel, and this card won’t offer the same value as so many others
How The Citi Costco Business Credit Card Fits In The Cash in Cents Ecosystem
There is also a personal Costco card that offers the exact same benefits as this business version.
We do not recommend using a 5/24 slot on either card. Neither offers a welcome bonus, and the value is limited to spending multipliers and redemptions that can only be used at Costco or as cash back.
When deciding which card to get next, we prioritize options with strong sign-up bonuses and travel benefits. Compared to those, both Costco cards rank well below other available options.
Card Information
Historical Card Offers
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Estimated Next Offer
Citi Costco Business Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
You'll be declined if you apply for a second Citi business card within 95 days
Card approval not subject to 5-personal-cards-in-24-months rule
You'll be declined if you apply for a third Citi card within 65 days
You'll be declined if you apply for a second Citi card (business and/or personal) within 8 days
You'll be declined if there are 6 or more hard inquiries on your credit report the past 6 months
You may be rejected when applying for a Citi credit card if your credit has been pulled within the last five days (by any bank).
