Мобильный 1 Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021July 2021August 2021September 2021October 2021November 2021December 2021January 2022
News Every Day |

The best credit cards for Costco shopping of 2022

This post contains links to products from our advertisers, and we may be compensated when you click on these links. Our recommendations and advice are ours alone, and have not been reviewed by any issuers listed. Terms apply to offers listed on this page. Read our editorial standards.

The best credit cards for shopping at Costco

When you need a really good deal on everyday grocery items like bulk frozen food, a massive bag of baby spinach, and almond milk — or larger purchases like car tires, a 600-bottle wine cellar, or funeral caskets, Costco is the place to go. You can even fill up your gas tank on the way out at prices strikingly lower than nearby gas stations. 

Costco is a mecca of savings, and just by shopping there, you're taking a huge cut out of your expenses. With the right membership, you'll even earn 2% back on all your purchases. But with the right credit cards, there are ways to save even more.

Here are the best credit cards for Costco shopping. You'd be surprised to know that Costco credit cards aren't the best option.

Read more: Is a Costco membership worth it?

Best personal Costco credit card: Costco Anywhere Visa® Card by Citi

Costco has one personal credit card, and this is it. It's been well-optimized for Costco customers — though as you'll see, there are better options available.

The Costco Anywhere Visa® Card by Citi earns cash back at the following rates:

  • 4% cash back on eligible gas worldwide on up to $7,000 in spending each year (then 1%)
  • 3% cash back on restaurants and eligible travel purchases worldwide
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other eligible purchases

As you can see, the card overperforms at gas stations. A 4% return is one of the best in the business, and you aren't even relegated to Costco pumps.

Read more: Costco Anywhere Visa Card review

Aside from the card's return rates, its only real benefits are purchase protection and that it doesn't charge foreign transaction fees.

The Costco Anywhere Visa® Card by Citi comes with a Costco Anywhere Visa® Card by Citi annual fee, so it's free to keep forever. The card does not come with a sign-up bonus at this time, though Costco customers have found themselves to occasionally be targeted for an intro offer by inquiring at a Costco warehouse.

Best Costco credit card for travel and purchase insurance: Costco Anywhere Visa® Business Card by Citi

The Costco Anywhere Visa® Business Card by Citi has many identical benefits to the personal Costco Anywhere Visa® Card by Citi. It offers no sign-up bonus, its annual fee is Costco Anywhere Visa® Business Card by Citi, and it doesn't incur foreign transaction fees. It even earns cash back at the same rates:

  • 4% cash back on eligible gas worldwide on up to $7,000 in spending each year (then 1%)
  • 3% cash back on restaurants and eligible travel purchases worldwide
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other eligible purchases

Read more: Costco Anywhere Visa Business Card review 

However, this card comes with useful travel and purchase benefits you won't find on the personal Costco credit card:

  • Extended warranty protection
  • Worldwide travel accident insurance
  • Worldwide rental car insurance

Perks like extended warranty protection and damage/theft protection make this card a good option for expensive Costco purchases such as electronics or appliances.

Best all-around credit card for Costco shopping: Bank of America® Customized Cash Rewards Credit Card

Often the best credit cards for a specific store aren't the ones branded with the store's name. The Bank of America® Customized Cash Rewards Credit Card offers an equal or greater earning rate for Costco purchases than the above cobranded Costco cards in just about every category except gas stations. You'll receive:

  • 3% cash back in the category of your choice: Gas, online shopping, dining, travel, drug stores, or home improvement/furnishings*
  • 2% cash back at grocery stores and wholesale clubs*
  • 1% cash back on all other eligible purchases

*Bonus cash is only eligible for the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter. After that, you'll earn 1%.

In short, you'll get 2% on purchases when you shop in-store, and 3% when you shop at Costco.com if you choose online shopping as your 3% cash back category. Pretty great for a Bank of America® Customized Cash Rewards Credit Card annual fee card.

The Bank of America® Customized Cash Rewards Credit Card also comes with a sign-up bonus: Bank of America® Customized Cash Rewards Credit Card. Mathematically, this bonus is infinity percent higher than the public offers of either Costco credit card.

Plus, if you're a Preferred Rewards member, you can earn up to 75% more cash back. Here's how you qualify:

  • 25% bonus — You must have between $20,000 and $49,999 in combined balances in your BOA deposit and/or Merrill investment accounts
  • 50% bonus — You must have between $50,000 and $99,999 in combined balances in your BOA deposit and/or Merrill investment accounts
  • 75% bonus — You must have $100,000+ in combined balances in your BOA deposit and/or Merrill investment accounts

Imagine earning 5.25% when shopping online or 3.5% for shopping in-warehouse.

Best Chase Ultimate Rewards card for shopping at Costco: Chase Freedom Unlimited®

The Chase Freedom Unlimited® comes with Chase Freedom Unlimited®. Plus, you'll earn 5% cash back (5 points per dollar) at grocery stores (excluding Target and Walmart) on up to $12,000 in spending during the first year of account opening (then 1 point per dollar).

Read more: Chase Freedom Unlimited review

Here are the card's ongoing earning rates:

  • 5% cash back (5x points) on travel purchased through Chase Ultimate Rewards
  • 3% cash back (3x points) on dining and drugstore purchases
  • 1.5% cash back (1.5x points) on all other eligible purchases

Unfortunately, Costco doesn't count as a grocery store with this card. But the ability to earn 1.5% cash back is better than it seems. That's because the Chase Freedom Unlimited® technically earns 1.5 Chase Ultimate Rewards points per dollar — not 1.5% cash back. You're welcome to redeem those points at a rate of 1 cent each. But these points are worth significantly more if you also have one of the following cards:

  • Chase Sapphire Preferred® Card
  • Chase Sapphire Reserve®
  • Ink Business Preferred® Credit Card

By transferring the rewards you earn on the Chase Freedom Unlimited® to one of the cards above, you can then convert your points into valuable airline miles or hotel points. Insider estimates that the average Chase points value is 1.8 cents each when redeeming this way. In other words, earning 1.5 points per dollar is equivalent to earning 2.7% back.

Other card benefits include:

The intro APR is generous and extremely valuable if you intend to make a large purchase for which you'll need to temporarily carry a balance.

Best travel credit card for shopping at Costco: Capital One Venture X Rewards Credit Card

The Capital One Venture X Rewards Credit Card is a premium travel credit card that earns 2 Capital One miles per dollar on all purchases. Those points are worth at least 1 cent each toward travel — but you can get more out of them if you try.

Read more: Capital One Venture X review

Insider estimates Capital One miles are worth an average of 1.7 cents each when you transfer them to airline and hotel partners like Air Canada, Turkish Airlines, Wyndham, and more. If you agree with our valuations, earning 2 miles per dollar is equivalent to a 3.4% return.

The card charges a Capital One Venture X Rewards Credit Card annual fee. But it comes with benefits that blow all other cards on this list out of the water:

Again, it's great to use a card with return protection and extended warranty protection when making sizable purchases from Costco.

This card also comes with Capital One Venture X Rewards Credit Card. In addition, new cardholders receive up to $200 in statement credits toward vacation rental purchases (like Airbnb and VRBO) made with their card in the first year.

Bottom line

Costco credit cards are great if you spend a lot at Costco — but they're not the best. If you want pure cash back, the Bank of America® Customized Cash Rewards Credit Card gives you a healthy return on Costco purchases, and absolutely eclipses all other cards if you qualify for the Bank of America Preferred Rewards program (up to 5.25% for online purchases!).

Remember, the rewards you earn with any of the above credit cards are in addition to the potential 2% back you'll earn if you've got a Gold Star Executive membership. Stack this with a credit card like the Bank of America® Customized Cash Rewards Credit Card, and you could potentially earn 7.25% with select Costco shopping.

Read the original article on Business Insider








Read also

Michael Flynn and Rudy Giuliani had their University of Rhode Island honorary degrees revoked

Report: Agent of alleged Spurs target ‘working’ to find his client a new club 

The only constant | Book Review – How to Change: The Science of Getting from Where You Are to Where You Want to Be By Katy Milkman


News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Man Utd star Victor Lindelof’s wife and kids terrified as burglars raid home while he was playing against Brentford

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

Bet £20 on Arsenal vs Burnley and get money back as cash if you lose, plus 176/1 prediction and tips with Paddy Power



Sports today


Новости тенниса
Ник Кирьос

Медведев отключил эмоции и вынес Кирьоса. Тактика сработала



Спорт в России и мире

Захарова: Москва ждет провокаций от Вашингтона и Киева после сообщения о просьбе Си Цзиньпина к Путину


Загрузка...

All sports news today




Загрузка...

Sports in Russia today

Валерий Карпин назвал злом лимит на легионеров в РПЛ


Новости России

Game News

Большая игра Мафия-НН онлайн!


Russian.city


Australian Open

Теннисистки из Самарской области прошли в третий круг чемпионата Австралии


Губернаторы России
Евгений Пригожин

Кассационный суд отказал Навальному в пересмотре решения по иску бизнесмена Пригожина


Татьяна Васильева о домогательствах в детстве: «Я хотела играть, а он был рядом»

Священник: На Донбассе важно исправить искусственное занижение числа русских при Украине

Путин о ковиде начистоту: Что осталось за кадром

Ученый Болков допустил появление новых мутаций коронавируса из-за животных


В Москве вышли на след ограбивших вдову Градского преступников

«Красивые до безумия»: Лобода запечатлелась с подросшими дочками на отдыхе

Бузова устроила пышную гулянку в Сочи по случаю своего 36-летия

Победитель праймериз «Единой России» в Якутии станет директором спорткомплекса «Чолбон»


Анастасия Павлюченкова последней из россиянок завершила участие в Australian Open

Владимир Камельзон: Хачанов провел один из лучших матчей в своей жизни

Джессика Пегула сыграет в четвёртом раунде Открытого первенства Австралии

Симона Халеп: Мне очень нравится в Австралии. Вероятно, это помогает отлично играть




Игорь Маковский: в любых погодных условиях задача энергетиков – оперативно вернуть электричество в дома граждан

Группа «Стрелки» на подтанцовке и черная икра: Бузова с размахом отметила день рождения

Сколько средств потрачено жителями России на лекарства против COVID-19?

В Красногорске пройдет финал детского музыкального конкурса народных исполнителей «МиР — Музыка и Развитие»


Европа глупо мстит России, расплачиваясь жизнями и здоровьем своих граждан

Захарова назвала Bloomberg информационной помойкой и опровергла содержание статьи о Путине

Куба отменила сертификаты о вакцинации и ПЦР-тесты для туристических групп

Баранец: антироссийский альянс Британии, Польши и Украины станет началом конца НАТО



Путин в России и мире







Персональные новости
Russian.city

Моргенштерн

"Спасибо, я умер": Моргенштерн оставил загадочную запись в Instagram



News Every Day

Man Utd star Victor Lindelof’s wife and kids terrified as burglars raid home while he was playing against Brentford




Friends of Today24


Загрузка...
Музыкальные новости
"Воскресенье " Олег Митяев



Персональные новости
Близкий друг Путина миллиардер Пугачев. Вся правда о Путине, его семье и деньгах. В гостях у Гордона (2021)

Навальный об уволенном за пост священнике (2021)

Slava Marlow – суперуспех и депрессия в 21 год / вДудь (2021)

Обнаглевшие дети путинской элиты (2021)

Дайте собакам мяса (новый звук) -Владимир Высоцкий

Группа "Рождество" - песня "Так хочется жить!" (Видео с концерта в Киеве группы "РОЖДЕСТВО" в 2011 году в Доме офицеров)

Adriano Celentano Любимая песня Челентано (высочайшая энергетика) talentTV

Moscow.media