Today, I received a mail from Citi Bank about new Costco anywhere Visa Card. Here are the details and Costco visa credit card benefits.
Costco Visa Card Rewards
- 4% – Cash back on Gas (first $7,000 per year & 1% then)
- 3% – Cash back on restaurant and travel purchases
- 2% – Cash back on all other purchases from Costco
- 1% – Cash back on all other purchases
This new Visa Card is the Costco Amex replacement card. The final date on which American Express cards will be accepted at Costco is June 19, 2016.
If you have a Costco American Express card, you don’t need to apply for a new Citi card. Citi Bank will mail you a new Costco anywhere Visa Card in May and you can start using from June 20, 2016.
Like the Amex card, cash back coupon will be mailed annually, you can redeem for cash or merchandise at Costco warehouses.