Costco credit card review reddit. I figured all the hype about the Rogers World Elite 1.
Costco credit card review reddit everything went seamlessly for us, no hiccups whatsoever and our costco gift card was promptly mailed to us without us having to do A subreddit for discussing credit cards. And a Costco card is not a high end card at all. Now, with an additional credit card, the denominator in my credit utilization ratio has increased, which will help stabilize my credit score into a higher number except for one other detail Which brings me to my final point. Costco is a warehouse mostly for the middle class. If you’re struggle to choose the Best Costco card for you, here are a few things to consider: Plenty of cards The Costco Anywhere Visa® Card by Citi is a rewarding combination of a Costco store credit card and a cash back credit card. The machine at self checkout asked if I want to use that payment method and I click yes. I had a 810 credit score before her and currently have a 730 and thats with a I would also stress to get as many as you are comfortable juggling, me and the wife use 7 cards (2 her, 5 me) but the one we are likely getting rid of is the tangerine card as the extra 0. You can also search for credit cards using the various Canadian credit card websites Keep the card, come back, reload it at customer service, repeat. 75 / 1,000 = 2. Credit card account was recently past due” I don’t have Citibank credit card. 5-$1 per gallon, and don't have to wait in Costco lines. I have basically no credit history and did not qualify; I applied for a few other credit cards that have good benefits and did not qualify for any of them. It works at Costco bc it’s a Visa This is the not-well-known niche feature of this card: It's the best no annual fee card for use at Costco, i. Download the app, and I just show the app for store entry. I've seen my fair share of credit unions changing reward structures or devaluing points later on that I'm hesitant to jump into a new card from a credit union instead of a big bank. Most credit card coverage for rental cars are for damage to the car only and is secondary to your own insurance. ☺ I use the CC for everything. I got the Costco Visa over three years ago before I got into the credit card game. So I called the number and essentially begged. Disclaimer: This is an unofficial Costco subreddit, r/Costco is not affiliated with Costco Wholesale Corporation or any of their subsidiaries. com) and then use that to fill up at Costco. It’s actually not a terrible card. The Costco VISA-exclusivity rule ONLY applies to CREDIT cards (make sure you are using the right card -debit card- from Yotta). Hi everyone. What is the best Credit Card (Visa) to use at Costco (wholesale club) with a high cash back or rewards rate, other than Costco Visa Card? Average spend at Costco is over $15,000 a year. Using EBT food stamps card at Costco multiplies the buying power of your Welcome to Costco, we love you. 25% online shopping with preferred rewards. I'm highly considering applying for it, the gas rewards and 1% back on all purchases seems great. 100% worth it if you can buy most of your big items at Costco and all of your gas on the Visa Costco Card. 5 in return Cobalt Card: $500 Mastercard gift card at Sobeys for 5x points $9. While it was a great card when I was younger, 2% back with no AF, its not really competitive with other no AF cashback cards today that have more perks and higher reward categories. They threw in a Costco gift card, free wifi, drink packages, and gratuities too. You also get the 2% back from the executive membership even on huge purchases like that. Pair this with an American Express card that offers the primary car insurance add on. Please review your Costco details: Credit Card or Payment information Billing and/or Shipping information We suggest that you pay particular attention to the items above, making any necessary changes, prior to placing another order. It offers rewards up to 4% and no annual fee with Costco membership. Won’t count as a gas purchase that way with Propel, but you would earn some points vs nothing with a debit card. Years ago I think all AmEx cards offered it, but its been awhile since I checked. Without preferred rewards, the card is 3% back, so altitude reserve would be the best runner up at 3% mobile spend (4. I’ll probably transfer some credit from a different card. So if you have a $5k credit limit and you want an A1, then you're SOL on the tax savings. Disclaimer: This Subreddit is not affiliated with Costco Wholesale Hey Folks, Wanted to hear some opinions on this credit card. It also offers a strong There are a variety of cards that can serve you well when shopping at Costco. If I apply for the CIBC Costco card and use it for Costco warehouse and online purchases, would I also receive an additional 1-2% cashback on my credit card statement? Yes, you can double dip. After Capital One parted ways with the mega-retailer last year, an announcement was made in September that CIBC would be stepping in to partner with Costco on a brand new Mastercard. Citi was also never very "happy" about all the terms, conditions, rates, etc that Costco and American Express had in place - there were thousands of customers with the Costco/americanexpress card who were declined by Citi during the transition ( something that went directly against the citi/costco agreement, but citi just called it 'system errors', and if a As the title suggest, I found a way to use the Costco Citi card before getting the card. Referral link: get $25 for signing up for credit card or money account Wise words. Sam's Club Mastercard gets 0% cash back on Bonus Offers! With the Daily Advantage I'm guaranteed 3% cash back on Sam's Club category exclusions. Very impressed with T-Mobile. They do auto credit limit increases without having to ask, which is hard to find anywhere nowadays. e. Pros of Sam's Club Mastercard for my use: Its a great card for young people trying to build credit and Fidelity/Elan customer service is top notch in my experience. I’m also an authorized user for this same card with my wife. ca, gas up at Costco a lot and have high restaurant spends, but if you want the best card to use at Costco warehouses, interestingly, it's the Rogers World Elite MasterCard instead as the Rogers WE MC pays out 1. Okay not sure why everyone is replying saying Costco only accepts VISA when you're asking regarding a debit card. I have the following credit cards: Capital One Venture X - would be good to rake points, but will probably accrue just 1x instead of 5x or 10x since I am not booking from Capital One Portal I just joined Costco and immediately signed up for the Costco Citi card, but was offered a much lower credit limit than I expected. I don't know what their minimum is, but considering they're the only card I've ever had reject me with an exceptional credit score, it must be pretty middle class. True story - paid for a meal at a local restaurant with my credit card. There are some scratches and a little exchange of yellow paint. ALSO, will credit cards allow me to get points on gift cards purchased at costco? I buy a $450 southwest gift card once per year ($500 value) to visit my parents. If you paid with $50 in gift cards and $50 in credit card they might ask you how you want it back. I currently use a capital one 1. You don’t need to carry the actual card for anything but gas. Beyond the Costco Anywhere Visa® Card by Citi’s standout features, there are a few other things to know before you apply. Does anyone here have this card? It's the Costco Anywhere Visa credit card by Citi. I have Sam's Club Plus. You do need the card for gas. I currently have a discover Student IT card as my first credit card. I think it wasn’t automatic because of how much available credit I already have with other chase cards. If you use the reward check, you are not using the credit card to earn rewards. I used it at the register but they had to call someone over and they took my card which I find absolutely ridiculous I have both paired with chase freedom and a Costco executive membership. To start things off, I have been in good standing with my Costco Citi card since I got it in 2018, it was the second credit card I had to my name. You can then use the Costco credit card to pay for gas, restaurant and online at costco. $400 x 12 × 4% = $192. Honestly I love Costco, get excited thinking about visiting the store, buy anything Kirkland I can find, but their Credit Cards do not interest me anymore. The cost is like 16-20 bucks a trip (up to 30 days long) and covers any property damage up to 100k. 95 activation fee $509. For other stuff use a 2% or more flat-rate card. There are other cards like tangerine world that you can add more categories for 2% cashback if you really want to optimize your free credit cards cash back. “We regret to inform you that we were unable to process your Costco order. Use the Costco card ONLY at Costco and for travel and dining (and gas at gas-only stations). But, I get it. It will earn you 4%. I have both the money account and the credit card. Costco Anywhere Visa® Card by Citi. In addition, the 3% category can be used for wholesale clubs, which gives me an extra 1% on my Costco purchases (compared to Citi Costco card). You only get your cashback as an annual voucher. Edit: I got an approval email a few business days later. Citi Custom Cash doesn't have an online shopping category, just select streaming services. This card earns bonus cash back not just at Costco, but in several other popular With the Costco Anywhere Visa card, you’ll earn 2% cash back on Costco purchases, which, depending on your spending habits, could prove to be worth it for these The Costco Anywhere Visa® Card by Citi ranks as a top tier cash back credit card. I believe that if I can redeem the points at 1. You will be lowering your credit score by maxing out a credit card and raising your credit utilization significantly. It’s basically $60 a year down the drain when that could go to another credit card’s annual fee. This way you get 3% cash back on your Costco shopping and an additional 2% if you have the executive membership. Sorry for the long post, I'm from Hawaii lol. Are you OK with category spending or do you want a general spending card? Please review the Card Recommendation Request Template here: Template for Card Recommendation Requests Definitely look into rental car coverage on your credit card, and use thr card to pay for the rental. I have never paid for a flight No, my ex wife took my credit cards and racked up a bunch of debt. a family who does most their grocery shopping there. credit card in other countries as long as the merchant accepts them. They cancelled my wifes credit card with zero notice or letters. That said, there are much better credit cards for international travel than the Costco Citibank card. Back about 20 years ago when McDonald’s started taking cards, they did so for a couple of key reasons The first was that it shaved an average of 7 seconds off a drive thru transaction. Since I love Costco for lots of reasons I try to spend my money on anything I need there before anywhere else. ALSO: they take food stamps. Plus, if you buy a one-year Costco Gold Star The CIBC Costco card is only good if you shop at Costco. They have a paper that states rewards certificate will be included in the February billing statement and is good until the last day of December of that year. I have three other credit cards with limits in the $17,000-$25,000 range, and I pay my cards off in Buy Costco Shop Cards from the Costco website, where you can use non-Visa cards. I want to get a membership at Costco but unfortunately they only take Visa. 25% cashback. I never applied the traditional way, not sure if I would have been approved. I was offered $1,200. There are, on an irregular/unpredictable basis, additional rotating cashback deals in addition to the year-round 5% cashback on gas. This way, you aren’t constrained to Mastercard. We did not get rental insurance as the costco credit card advertises coverage if you use it (also booked through The benefits to the credit card are superb compared to my current discover it credit card that gives almost nothing back. From there, on the main screen, after being approved for the Costco card, you’ll see a message stating that another card has been found under your name and it suggests linking the card to your account. 2% back on costco but it’s only payable once a year, and you need the 120/year annual fee membership. As we checked the Experian info, there was no late payment, no delinquency, no recent multiple applications, and with records of two mortgages and perfect payment history. One good thing is the extended warranty if you also make the purchase on a Costco credit card. Chose 3% on gas, having 25000 in the bank bumps it to 3. Costco card for 2% cash back (literally handed me cash in the store) plus executive membership for an additional 2% on Costco purchases. past 3 years I’ve been just thinking about cash back, and now that I have 8 cards I’m starting to dive in deeper and know what exactly the cards offer because I’m the past I wouldn’t even think about it I've never had fraud charges, but in general I didn't use it for everyday spend, and tried to use mobile wallets (Visa Click-to-Pay/Visa Checkout, PayPal) when using online, and the only gas station I use it at regularly is Costco (where contactless is enabled, avoiding any skimmers that could be attached to the pump by ne'er-do-wells). If you use the Costco Credit Card, you get 2 percent cash back on everything you buy. The second is that Wendy’s, who had introduced cards about a year earlier, found that the average card sale was $1 more than the average cash sale (about But keep in mind, as with any other credit card, that benefit is quickly canceled out if you're planning to carry a balance. Do I call them? Or apply again in a few months? Update: Called bank and everything is all good I still use the venture card after I got my sign-on bonus because I've been too distracted with life to look into other mileage cards that are a jack of all trades type of card. Covers loss of use in the benefits guide. I have a combo Citicard /Costco membership card. For me, earning the extra 0. Not ME who is willing to take risk for extra reward. Keeps the wallet nice and thin. We’ve compared the Costco Anywhere Visa Card to the best cards in this segment of the market. Was cheaper than what the line was offering plus other websites too. Any chance your current credit card is through Citi? The way I got my costco credit card was by calling Citi and requesting a product change on a card I wasn’t using anymore. I have the business unlimited card, no annual fee. No alerts on the mobile app when you pay the bill every month. The robber managed to manufacture a fake credit card with her information and use said card to make the purchase. The card offers 4% cash back on up to $7,000 in gas purchases per year (1% thereafter) – from any eligible gas station, not just Im on vacation and wife side swiped a yellow pole in a parking lot. Both my cruises were booked from Costco because of the on board credit and cash card they sent us. Generally Costco is cheaper, but if you do grocery shopping at stores that offer fuel points/rewards, it can come out ahead where it overall becomes cheaper before factoring in credit card earnings. Because so many people don't know their CC already has them covered, and the rental car companies don't tell you, I think of the extra coverage they try and sell you as one step above a scam. Scotia is the worst. Simplicity. I work in credit card processing and my industry has a lot of people that will call you everyday. 75 Amex points At the worst redemption value for Amex points (statement credit): 1,000 points = $10 statement credit 2,549. Citibank allows me to buy a pizza slice from Costco but won't allow me to buy a HP desktop from their inventory despite having more than enough credit limit allowance for it on my Costco Anywhere Visa Business Credit Card! Also a college student who applied for the Costco credit card as a first credit card. They offer some pretty great benefits on the card I was unaware of. I only got a 5k credit limit on this card. ca. You can use them at warehouses, food courts, and gas stations. I’m also an employee at Costco too. Learn more about the card features in Forbes Advisor's review. Credit card, Citi vs Fidelity? I have Please note that reward coupons can’t be redeemed at our gas stations or online at Costco. Gas: Costco visa at Costco (4% off costco price) Grocery: Blue Cash everyday because of $10 cash back on $200 spend for next two months and 3% back (thats all i spend in non Costco grocery). My spouse was just added to the Citicard account. Though I don’t use the card, I think it started with a $2k credit limit two years ago when I first got the card. With Costco services, you get a bigger discount if you have the executive membership. His card came without any membership info on it. I do however hold a Wise MultiCurrency Prepaid Visa that I use when I go to Costco in the US as that's the only place I've been to that only takes Visa or places that don't take AMEX while abroad but still want to avoid the FX fee. Got the best rate possible at that time compared to all rentals. I’ve jump to content. Note that gift cards can’t be used at the gas pumps. Out of all the real credit cards, and are not predatory or student, etc etc The costco card. In conclusion, it's always a good idea to get multiple Former employee here. com then shop away. While thinking about what credit card to use for a technology purchase today, 09/28/21, I happened to google "How does the Citi Costco Card extended Skip to main content Open menu Open navigation Go to Reddit Home Back about 20 years ago when McDonald’s started taking cards, they did so for a couple of key reasons The first was that it shaved an average of 7 seconds off a drive thru transaction. If you regularly shop for deals at Costco, you could potentially get even more value from your membership – and put some money back into your pocket – by using a co-branded A subreddit for discussing credit cards. It is probably one of the more likely sales calls that you will receive. The only place where the Citi Costco is a "must use" is for car rentals, due to the (secondary, in the U. The second is that Wendy’s, who had introduced cards about a year earlier, found that the average card sale was $1 more than the average cash sale (about I have not had good experiences with third party services offered by Costco. Hopefully I can help answer as I am a recent college grad. My credit is frozen, someone tried to open a B of A card in my name a few months ago. My second card was 5K, and my third was 3,800. Before the bankruptcy I had several cards and accumulated almost $100K in credit line. Bottom Line The Costco Credit Card is worth it for Costco members with excellent credit, especially those who spend a lot of money on gas, travel and dining. WalletHub's credit card reviews are independent and not provided, commissioned, or 13 votes, 33 comments. I spend a decent amount at Costco so the 2% back from Costco Purchases along with 2% back on executive membership pays for the $120 a year Costco membership. The primary exception is that AmEx doesn't typically do hard pulls for additional cards for existing customers (though on occasion they do). Anybody have any recommendation on another travel credit card (visa) for points that I will only use there? (Will realistically only spend $5-6k a year there). Costco Anywhere Visa Card overview. 015 = $7. A few credit cards like the Chase Sapphire Reserve will provide primary coverage. If you don't know your credit score it can help to mention which banks you are with as some of them offer free credit score calculation. com on the Costco Anywhere Visa® Card by Citi can make the card worth getting I am thinking going forward to only use this card for 5 months then switch to a better travel card for the remaining 7 months. Costco. At Costco, you'll get high quality for a good deal. What steps should I take? Original Post: I have a Citibank Costco credit card and called in 2 months ago when I saw a charge for over $2000 at a Costco location I've never been to before. My Chase Visa doubles the warranty (up to 3 years), but Discover doesn't have any benefits except cashback bonus and has no foreign transaction fees. I’ve also combed the actual website on both Costco and Citi’s websites and they have like no information on them either. 5% CB instead of the 1% that the CIBC Costco card pays. Forbes Advisor analyzes the best credit cards for shopping at Costco. I pretty much use my Costco Citi card for gas and Costco purchases only. it was a great deal for us, especially when you use the costco credit card to book it (3% back on travel). We had a great time and have booked multiple trips through costco travel since then (vegas and miami). 5c, then it's a wash, but cold hard cash is always better. You can order a Costco gift card online (they accept all cards at Costco. If your credit card has a better cashback rate online than wholesale clubs and gas stations (most do), this would be a great way to save! I record every penny I spend (or return) according to the original payment method and find cash or a Shop Card a problem. 582K subscribers in the Costco community. Wondering if it’s worth it? We shop once or twice a month at Costco and have the executive membership. Chase Freedom Unlimited. My friend worked for a credit card company (not naming it) and told me that when I was flagged, it was because I went to a gas station and then spent a couple hundred dollars at a shoe store. 3% on dining is pretty much industry standard I have other cards which do, so it makes more sense to use those for non-Costco purchases. But if you use this card for all of your Costco purchases (including gas) and pay your balance off every month, it's a great perk. As you know Verizon doesn’t allow you to use another credit card to pay bill without charging and losing discount. The additional 2% rebate on US Bank Altitude Reserve is the GOAT Costco card with the unlimited 3x Mobile Wallet. BTW you will need membership for the card to continue working otherwise bad things happen when you cancel. But then there are the minuses: To avoid the headache, I've switched to just using my AOD credit union card (flat-rate 3% cashback) for anything I'm not sure of. Get app Get the Reddit app Log In Log in to Reddit. It's nice that you get to keep the full credit, but also sucks a bit because you're restricted to Costco packages and can't book a flight by itself since they only offer flights as part of packages. 25% And costco citi card doesn't have a sign up bonus, to make up for the difference I would have to spend 80000 in gas And the card codes costco as grocery store anyway so it gives 2% reward just like the costco citi card For me, earning the extra 0. They do not offer resizing, cleaning, or really guarantee anything. It really is useless. My mother has recently had her credit card information stolen, and said information was able to be used to purchase $2000 worth of items at my local Costco. I was so upset as my parents have the costco card and i LOVE costco. So generally the credit card insurance ends up paying your deductible. And we’ve determined that it’s a viable choice — thanks to its bonus cash back categories and If you don’t have a Costco membership yet, this toasty towel warmer may just be the reason you’ve been looking for to spring for one. I recently got a Costco membership and figured I would get the credit card because it’s no fee and had decent rewards (especially with the 4% on gas with the current prices). First full year with Citi Costco CC [Rewards - Citi Visa] Switched for simplicity sake to single credit card for basically everything we could Locked post. Very different card though to the venmo and Costco cards, both have no annual fee and the USB card is $400 with a $325 travel credit. I exclusively get gas at Costco and I don't really want to get the Costco credit card because if I ever stop buying the Costco A little hesitant on PNC cards after reading some reviews, Reddit . This leaves people who are upset for some reason. As a general rule your refund should be applied to the same payment method you used. This is the definitive Reddit source for video game collectors or those who would like to start collecting interactive Compared to a 2% card (which is all the Walmart card pays after the first year), I'm getting an additional 4% on all my Walmart purchases. I applied for the card with 3 years of credit history, a full time job with great pay, and a newly upped other credit card. Yeah, I had some experience with a BofA credit card rental insurance; while parked, my car rental was hit by a drunk driver in NYC the night before my early flight to Europe. We had a pretty nice cash back reward check coming because we had put a week vacation on the costco credit card. S. Costco changes Credit Card providers way too often for my taste and the rewards are nothing special. I also will add that as far as I know, if you already have your Membership photo on your own Costco card, the photo will automatically appear on the credit card. They told me that my account was under review by the fraud department and they would be in touch. Turns out it was a mistake on their end, wife got a hit to her credit but they didn’t do shit about it or reinstate the card. Welcome to Costco, boolean_buffalo . Total dark pattern to keep your money. What I do is purchase Digital Costco gift cards on Costco. I also have the Chase trifecta with the CSR, Citi Premier, Discover, Citi Costco and the Apple Card. Because groceries are going to be most people's highest spending category (minus rent but there's the Bilt card for that) and because there aren't any other cards that I know of that give you a flat 5% on groceries or a Visa that gives you more than 3% back on Costco, it kind of is the best in class for groceries (the 3% back at gas stations, pharmacies, and streaming services are Costco card has a bit of a quirk in that cash back is only redeemable once per year when your February statement closes you’ll receive your previous years cash back as a certificate that you’ll bring to Costco where you can get the physical cash also it excludes supermarket gas like Kroger and other warehouse gas like sams but pretty much any other gas is fair game Read a review on Yelp that said one must have a Canadian credit card or cash. Are you maxing out 1 credit card and the putting the remaining balance on another credit card? If so i don’t recommend purchasing the jewlery At all. 95 * 5 = 2,549. edit subscriptions. 5% all CAD purchases and 3% USD purchases cashback. Read credit card reviews on somewhere like Credit Karma closely and half of the bad ones will be complaints about being denied for the card or having to pay interest. I use my Yotta debit card, and many other banks' debit cards in Costco, with no problems whatsoever. Planning on booking our honeymoon to Tahiti through Costco travel. Members Online I wish I could get all White Chocolate Macadamia instead from the 3 Flavor Cookie Variety Pack. My wife's application for the Costco credit card. Most people don’t leave positive reviews on credit cards. I record every penny I spend (or return) according to the original payment method and find cash or a Shop Card a problem. If you already have a Costco membership, this card is a solid way to earn rewards Boa customized cash for 5. No limits on anything else. Apple Card is and will continue to be my daily driver but don’t want to pay my bill with debit or checking and need a visa at Costco which didn’t want to continue to use debit there. It pays for my Costco membership. I was doing some credit card shopping as I decided I wanted a Mastercard, mostly so I could shop at Costco. But I pay with a different card, capital one venture, to get travel points. My wife and I have 740+ credit and have been Citi costco costumers in good standing since 2016. We examine both earning the most rewards possible and redeeming for maximum value. A. Can this card be turned into a membership card as well so he doesn't need to carry 2 cards? We have a business membership. Info: I have traveled world-wide and never had issues with my This is my first year with the Costco credit card, which I got back in February. You really don't NEED a Visa card tbh, I currently don't hold a Visa credit card personally, I'm completely AMEX & MasterCard these days. If I don't use Citi Costco Visa for travel category, then this card is almost inactive credit card for me, I just use it as Costco membership card. my subreddits. Sometimes the cash card amount makes it worth it to book with them if other travel agents can't match. Heres some copied and pasted info from the website 5% cash back on your first $3,000 in combined gas station and military base purchases yearly I switched out my handbag and left the Costco credit card in my other one by accident. I've seen their credit card advertised around. He was hoping to be able to use it as a membership card, too. We only realized when her card got declined and she called in. My FICO score: 709 (Transunion) 708 (Experian) Income: 31K Credit Cards: Discover It student, 1. Annual fee: $0 for the card, but you have to be a Costco member to qualify. Buy Costco shop cards on Costco. And that's just 2% back, I'm thinking the extra the credit card offers back is tempting, as I don't see ALSO, will credit cards allow me to get points on gift cards purchased at costco? I buy a $450 southwest gift card once per year ($500 value) to visit my parents. I was originally not approved. I still had my plain old costco membership card in the bag I was carrying. Looks like we need to regularly review all of our credit cards for the benefits. I have the citi Costco card and will be getting the US bank card mid year and switching all my grocery and Costco spend over to it to take advanced of the increased redemption rate Looking to book a vacation package through Costco Travel. I've read some reviews of Oral-B brushes and people complaining that the sound/vibration is rough but tolerable. Not sure how Costco Travel is coded for rewards? I use the Venmo credit card in warehouses to get 3% cashback, but I assume it's billed differently, and not as "groceries" if you're booking with the travel agents. Anyone have recent experience getting 3% back for Airbnb on Costco Anywhere Visa? Seems like it definitely used to qualify for the "Travel" 3% category but I saw at least one relatively recent post saying it no longer qualified. I use my Amex Hilton Aspire for everything I can (I genuinely value the points at 1 cents per points, 3x minimum per dollar) and use the Costco card for everything that doesn't take Amex. Archived post. When we said no thanks they offered to do it for $22K if we did not go through Costco. Lastly the only card that works for now is the official membership required credit card. 54975 For Costco purchases, I linked my Citi card on my the Costco app. The comments show mixed opinions, benefits, and drawbacks of the card, as well as some Users share their opinions and experiences on the Costco credit card, which offers 4% cash back on gas and 3% on Costco purchases. Costco branded credit cards at Costco. ca allows you to use any credit card you want. There may be other ways to get cheap travel but you can't beat the convenience of that For Costco purchases, I linked my Citi card on my the Costco app. Personally, there's only one great card and that's the: USAA Cashback Rewards Plus American Express® Credit Card. It got the majority of my spend. I’ve been debating on getting a new credit card and thought about the Costco one. I loved my Capital One card and always had amazing customer service. g. I was denied a Costco credit card online and the reasoning is “You’re existing Citibank, N. I end up with 4x the cashback on the CC than I A reward certificate does not reduce the taxable amount. But the other big thing to consider is the likelihood that you would ever not want to renew your Costco membership maybe you don't find it useful, or you move somewhere where Costco isn't. I have a feeling it was the person's credit card company that declined (because it looked weird) rather than Costco, but I wanted to double check. I applied for Citi Costco last week. It will only pay if other insurance, like your own, pays first. The card can act as your Costco membership ID to get you in a warehouse’s front door. But for me, the after care and maintenance are why I decided to go elsewhere. Glad you asked this question as I'll be renting a car soon and planned to use my Costco card because of travel rewards, though would rather have the security of insurance. The Costco Anywhere Visa Card by Citi isn’t just a great card for Costco purchases; it’s an all-around great card to use as your go-to for every purchase to earn a high rewards rate — and it comes with no foreign transaction fee. When I got approved for my Costco Citi Card a month ago, my other credit card balances happened to be relatively low. Sort of topic adjacent but we booked a cruise through Costco travel (Celebrity) back in 2017. With this, I was able to raise my credit score to 700. 35k, April 2020 Capital One Journey, 1k, April 2020 I am team points with most of my spend on Amex cards with the Gold as my work horse on groceries and dining. This is my first electric toothbrush/water flosser and wanted to get some feedback before pulling the credit card out to buy it. I always pay off my credit card so no debt in that department but if Costco doesn’t keep me, would that close the credit card since I wouldn’t have a membership after? I’d buy one if I wasn’t kept but yeah. Figure my Costco card and my Chase card are good enough and if they get hacked not a disaster. Welcome to Costco, we love you. They’re worthless. Most of the things have been said. We buy enough over the year to get like $180 cash back,so it pays for the annual membership cost. popular-all-users | AskReddit-pics-funny-movies-gaming-worldnews-news-todayilearned-nottheonion-explainlikeimfive-mildlyinteresting Use credit card that has high bonus for online purchases category, for example Citi Custom Cash for 5% or BofA Customized Cash with Preferred Rewards tier for 5. Plus you can get cash back if you have the executive membership and/or credit card. If you already have a Costco membership, this card is a solid way to earn rewards across a wide range of purchases, Learn about the pros and cons of the Costco Anywhere Visa Card, a store card that offers cash back rewards on gas, travel and dining, but requires a Costco membership and has limited Capitalizing on Costco’s reputation for offering cheaper gas than the average fuel provider, the Costco Anywhere Visa card offers one of the best bonuses you can get on year-round gas purchases. . ; primary abroad) rental car insurance it offers. I'm seeing some conflicting things online - some say it comes 2-3 months before your membership renewal date (my renewal was in November), others say they come out around February. The 5% cashback on gas is uncapped, so there's no need to worry about tracking your gas purchases and switching to a different credit card once you hit the $500 cap in a billing cycle. So, I applied for the card and only received a $700 credit limit which is INSANE! My lowest credit limit on even my first card was 3K when I had no credit at all. Log In / Sign Up; Advertise on they all have horror story reviews. My Costco membership just expired the end of last month but I still received a credit card certificate this month. The key is to make sure you have an existing credit card with Citi (mine is a DoubleCash). 5% cash back card was just for people not willing to pay an annual fee out of principle. Ex wife for a reason. You’d probably have to call the store in Australia to ask. The Costco Anywhere Visa® Card by Citi is a top choice for earning gas rewards, offering 4% cash back on on eligible gas and EV charging purchases for the first $7,000 per year and then 1% thereafter, 3% cash back on restaurants and most travel purchases, 2% cash back at Costco and Costco. I applied for the card and got approved but with a $1,200 credit limit. Expand user menu Open settings menu. They do not offer travel interruption coverage any more. Booked Costco rental car in Alaska in Aug 2022. Other card details to know. I was wrong All cards have bad reviews on Trustpilot, even those who invite users to leave a review being promised a reward. com. If you like the configuration that Costco has , go for it. In this case, if having a thinner credit profile or higher utilization for a It’s not just Costco/membership based credit cards, it goes for any credit card. I think they get 6% back as in store credit? Costco also gets the “sale” and it’s not credited to the because if they get enough complaints/negative reviews from Costco customers then Costco will drop them. Don't assume. So if it ends up being $5k, you'll get $100 back just from the membership and In my experience, most credit cards accumulate points that don't expire. In general you are better off cashing the certificate and purchasing the tires on your credit card to get the maximum reward. I own both of these cards. Refunds both times. Costco isn’t considered a grocery store by credit cards Costco isn’t classified as a grocery store according to Mastercard’s merchant code system. It’s not really a thing. And while annoying, I prefer a flag to finding fraudulent charges! I have just under 800 credit score, and they still rejected me because of monthly income. A subreddit for discussing credit cards. I almost failed to join a telecom network because of those reviews but I have no complaints ever since I switched. I mostly use the money account but you get all the same cash back benefits on the money card as your credit card and there are no fees. My only other credit card is the Capital One secured that I opened up 2015 to even get an established credit score (the only card that would even approve me since I was already in my mid 20s and For future reference, pretty much every application for a credit card is going to be a hard pull. So whether you’re traveling The Costco Anywhere Visa® Card by Citi is good for Costco fans who want a one-card wallet. If you have the Costco credit card they can be very competitive. I didn’t use Costco Visa card and used another credit card which had primary collision insurance at the airport What I do is purchase Digital Costco gift cards on Costco. One year from the manufacturer, second year from Costco and additional 2 years from Costco credit card. Have had the card for 10 years and have never used the companion fare. Even though it has a $75 annual fee, the extra cash back offsets that fee, plus there are numerous other For most travel credit cards, people don't just get them for the multipliers when redeeming points for travel (though that is a big reason for many people). Building credit, Balance transfer, Travel, Cashback. This is different than nearly all other credit card rental car insurance which are actually secondary to your regular car insurance. I don't need to carry my Costco membership in my wallet to take up space, I can just use the credit card. In fact, this card would be considered to be the best no AF 1. I use the AMEX gold card for all dining and grocery and use my venture card for gas and everything else in between. Yeah that’s fair. reReddit: Top posts of August 12, 2022. Chase preferred gives 2x on Costco travel but gives trip cancellation peace of mind. Requesting suggestions on which credit card would be the best to put this on. com, 1% cash back on all other purchases. I figured all the hype about the Rogers World Elite 1. Costco citi card gives 3x points in travel + 2% for Costco executive. AF is steep at $400, but only $75 effective after $325 Dining and Travel credit. The Costco Anywhere Visa® Card by Citi (see rates and fees) is one of the best store credit cards on the market. The Costco card from Citi dispatches a "certificate" for rewards that expires at the end of the year. It’s a poor man’s Costco membership. (I've shopped at 2 other Costco locations over the Gas: Costco visa at Costco (4% off costco price) Grocery: Blue Cash everyday because of $10 cash back on $200 spend for next two months and 3% back (thats all i spend in non Costco grocery). But I'm really hesitant to go for a credit union's card when the rewards are too good. Do your shopping as normal at any Costco when you use your credit card that usually earns you 2% combine with the executive membership. That means you won’t earn any additional points or cash back when using your card at Costco, even if The Rogers card has 1. 5-1% on everything else earns me more than the Costco 3% or 4% categories. That was all I needed to hear. I have the Costco $99 executive membership credit card. In this article, we will cover the details of the no-fee Costco Mastercard, the upgrades that were added in as well as some other credit card alternatives. Some might just go to the credit card every time. Most of my fillups are usually at Kroger since I shop there enough that I usually save at least 0. Generally all companies have worrying reviews there. Her credit score is at 795 with a household income well above 100k. I’m sure you’re aware many comments here are colored by the fact that this is the Costco sub, with lots of bias towards anything Costco, including an affiliated credit card. Credit cards don't generally offer bonus rewards at wholesale clubs, so the 2% cash-back rewards at Costco and Costco. Therefore, you're not getting any cash back on that purchase. and costco DOES NOT accept any credit card unless its visa (so discover it is OUT). I'm trying to figure out when I will get the rebate check. The top-notch Chase Sapphire Preferred earns rewards on travel, groceries, dining and streaming services. Instead, pay for whatever you got that day with your credit card, earning rewards for the next check. I have the Costco Citi credit card for years, but wondering how many of Costco members chooses not to have and use other Visa credit card as payment View community ranking In the Top 1% of largest communities on Reddit. Looking for cash back, airline miles, or travel rewards? Citi likely offers a card that fits. Now if you use a check just to pay for your purchase, you're basically using cash and earning zero back. The last 2 credit cards I applied for were in Feb and Aug of 2023. I use my 3% cash back Visa card (mobile wallet only) at Costco, other than for gasoline. Think this purchase out before buying it. They didn’t open up a Citi credit card until March and it shows they have roughly $50 worth of rewards. I really like Costco because all houseware, appliances, and equipment is quality. If you bought $1,000 tv and paid $900 gift card and $100 credit card they will probably refund to a gift card. I was denied due to short history. The Sam's Club Mastercard offers top-tier Sam's Club members rewards on gas and purchases from the store but falls short of other earnings to be worthwhile. Buy a shop card with Bank of America credit card set to 3% cash back in online shopping. There are better credit cards out there for things like travel, business purchases, etc. If you don’t use it within X amount of time they will cancel the card on you. The flight credit is only eligible through Costco Travel, for the airline you originally booked on, to be used or lost by the original date of purchase. Strangely I have the Costco credit card which they scan at the beginning of the transaction. However, you can redeem your coupon at any Costco warehouse towards the purchase of a Costco Shop Card, then use that card for shopping online at Citi Costco Visa: I don't really use this card for costco shopping now, since I use Redstone Visa, if redstone visa cuts back its 3% on Costco, I will get an alternative 3% card on Costco. If you close the card or your Costco membership, you’ll forfeit any cash back you earned for the year. As it's an $8000 purchase, I want to make sure we maximize rewards. Also works with their gas stations, which are always a little cheaper than the normal local public gas stations, so far as I’ve seen. Gas is 4% cash back up to $7000. What's the purpose of your next card? e. The last company I used was a kitchen countertop company that offered to replace my countertops for $30K with a $3K Costco cash card after we paid for it. All the AA credit cards are Mastercard (from what I can tell). I read the terms and it states "If you have already received a credit card reward certificate, once your account is cancelled you can still redeem any credit card reward certificate already issued to you. Because you are an established Member already, I am assuming the photo . Author: u/billknee Title: Citibank Costco card had fraudulent charge, after 2 months of "investigation" they tell me my dispute is denied. Here is my advice look at a recent statement divide your fees/Volume to get your effective rate if it Discover one of Citi's best cash back rewards cards designed exclusively for Costco members; 4% cash back on eligible gas and EV charging purchases for the first $7,000 per year and then 1% thereafter However, is there a chance the credit card can give me the rest back as well through some travel benefit? Of course I intend to call the credit card, but I figured I'd arm myself with knowledge a bit before I call. Do you have any cards you've been looking at? e. They also compare it with other cards and suggest Users share their preferences and experiences with different credit cards for buying at Costco. What is your income level (for credit card qualification)? Feel free to ask people for help looking up your credit score. You must buy a Costco Membership (=AF). We had a returned auto-payment that we immediately repaid last month and Citi decided to close the account. To be honest I’m just beginning to go down the rabbit hole with other things cards offer besides cash back for example cell phone protection extended warranty ETC. Just emails that get buried in spam. Edit I called and they said no, which isn't too surprising. Even though it has a $75 annual fee, the extra cash back offsets that fee, plus there are numerous other it also includes wholesale clubs (Costco, Sam’s Club), superstores (Walmart), & liquor stores. I’ve had nothing but unprofessional and rude interactions with CIBC customer service reps - and after my most recent experience where they wanted me to get written proof from the owner of a Toronto dress store that scammed me out of $400 dollars and ghosted me before they were willing to open a case, China and Korea would not take U. I go to Costco every 3-4 months and spend about $250. Costco card has a bit of a quirk in that cash back is only redeemable once per year when your February statement closes you’ll receive your previous years cash back as a certificate that you’ll bring to Costco where you can get the physical cash also it excludes supermarket gas like Kroger and other warehouse gas like sams but pretty much any other gas is fair game Exactly. It offers substantial rewards in those categories, in addition to Costco purchases, and has a $0 annual fee. I have one that sits in my sock drawer somewhere. This works well for Costco gas too as 3% on Costco gas costs you lot cheaper than with 5% cash back cards at regular gas stations. I read articles on articles and reviews of this card and literally no one said anything about that. Other Visa cards offer similar if not better cash back rewards, but you may need to have more than one card to achieve something better than the Costco card if talking strictly in cash back %'s. Shortly after receiving it and activating it, I tried to use it at Costco and it said “Card not authorized” (luckily I had my debit card with me to pay) so I called them. The 2% Fidelity I A post on r/Costco subreddit asks if anyone uses the Costco credit card and whether it is worth it. 2. Hi all, Booking done travel on Costco portal worth 800$ dollars. 5% cash back at costco and keep seeing the citi costco Exactly. Travel cards will typically also earn you points in your daily category spending, which can be helpful depending on the other credit cards you already have. I don’t know what you mean. That's almost $100 more than the AF. A The Costco Anywhere Visa® Card by Citi doesn’t charge any foreign transaction fees, which is uncommon among many top cash back credit cards. I got approved and got the card a couple of weeks after that. 5% when redeemed for travel. Be sure to read sub rules before posting, use the resources linked in the sidebar / about section of the sub, and use search to see if your question has already been answered. 75k, Nov 2019 Chase Freedom, 1. You can link most credit cards except for Discover and get cash back. Not a big deal unless they ever move to a city without a Costco. ” Sam's Club has Bonus Offers similar to credit card Merchant Offers. 4% back on gas is nice but again, only get it refunded yearly. Don't see any value to that. Besides earning 2% on Costco purchases, the Here are the best personal credit cards to use at Costco. 5% card out there. Costco doesn't ask Citi to hand out approvals like candy, as some stores do with their cards, so the terms of the Costco Citi card are more in line with that of a normal credit card. Also, as in my original post, it needs to be a credit card, not a debit card. BTW my credit cards have been successfully hacked twice. 5% cash back card 500 * 0. Of course you can use a U. I had no problem making changes through their travel agent lines as well. Sales tax is calculated on the entire purchase, and then the certificate is applied toward the final payment. There may be other ways to get cheap travel but you can't beat the convenience of that Cash back card: $500 spent at Costco 1. I am trying to decide whether I should put my hotel expenses on my Costco Visa at 3% cash back or the Venture X at 2x points. I guess people run cards at gas stations to make sure they work, then hit the stores. 5 on the minimal spend on this card isn’t worth the additional juggling. Costco Anywhere Visa Card by Citi Review: More Details. Also, Comenity, the card lender, has some absurdly high interest rates and are a notoriously terrible lender. So my parents opened up a Citi credit card to use at Costco. I'm considering the Costco credit card for all the cast back it offers, I go to Costco pretty often, and got ~$130 back from my executive membership this year. Even if you traditionally pay off your balance in full every month, an unused card isn’t brining in any revenue for them and costs them money in overhead (prob not a lot but multiple that by thousands/tens of thousands and it adds Generally Costco is cheaper, but if you do grocery shopping at stores that offer fuel points/rewards, it can come out ahead where it overall becomes cheaper before factoring in credit card earnings. Be sure you can pay off the card in entirety, or you're in for a world of interest hurt. Some mention cash back, points, benefits, and drawbacks of various cards. Costco tends to have great customer service. Optimizing by using both cards is awesome. 75%, so the difference between it and costco citi card is just 0. I’m considering signing up for a Costco credit card, but am wondering if it would be beneficial to wait for a r/Costco A chip A close button. The benefits to the credit card are superb compared to my current discover it credit card that gives almost nothing back. For Costco i should use something like US bank altitude reserve but i just use Costco card (2% at costco warehouse). Here are the ten best credit cards Citi has to offer today. I go about 2-3 times a month spending $100-$300 each trip. lgjdjkjrszftongzuakfgepmppknntrjyfbroplgvpykhoqnky