Any notable credit issues are likely to disqualify you from consideration. Its downsides include the Costco membership requirement, the lack of a sign-up bonus, the in-person and infrequent rewards redemption, sensitive fraud detection practices, and a lack of balance transfers. Overall, this is a very good card for business owners who travel, eat out, and shop at Costco a lot.
The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
The below responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. In recent years, it's taken me much longer than I'd like to complete my tax return. That's because I've taken it upon myself to evaluate But sorting through the best offers can be tricky.
Costco Anywhere Visa® Card by Citi – Review
At Money Crashers, we If you've ever searched for advice on how to meet your financial goals, there's one tip you've probably heard over and over: Advertiser Disclosure X Advertiser Disclosure: Get the latest news delivered to your inbox. All non-gas purchases at Costco and Costco. Important Fees There is no annual fee for the card itself. Costco Anywhere Visa Business has one of the best deals on dining and travel spending of any business credit card.
Nice Gas Rewards for Moderate Drivers. That said, if your business has a fleet of vehicles or you spend a great deal of time driving between appointments, a card with a lower, uncapped gas benefit could be a better deal. No Annual Fee for the Card Itself.
TrueEarnings Card from Costco and American Express – Rewards Card Review — My Money Blog
Luckily for Costco members, purchases at overseas Costco locations are exempt from the fee. Disadvantages Requires Current Costco Membership. Look to an annual-fee-free business card that rewards general spending, such as Capital One Spark Cash Select. Must Redeem Rewards in Person. Unlike most business cash back cards, Costco Anywhere Visa Business requires you to redeem your rewards in person at a Costco warehouse location.
To receive store credit or cash, you need to present the coupon that comes with your February statement. In recent years, it's taken me much longer than I'd like to complete my tax return. That's because I've taken it upon myself to evaluate But sorting through the best offers can be tricky.
At Money Crashers, we If you've ever searched for advice on how to meet your financial goals, there's one tip you've probably heard over and over: Advertiser Disclosure X Advertiser Disclosure: Get the latest news delivered to your inbox. This tier makes Costco Anywhere Visa a great way to save money at restaurants and on international travel. Non-gas purchases at Costco and Costco. Redeeming Cash Back Rewards With every February billing statement, you receive a coupon for the full amount of the cash back you earned during the previous calendar year.
The most notable include: For comparison, Chase Sapphire Preferred , one of the best travel rewards cards on the market, returns a maximum of 2. Costco Anywhere Visa offers very good gas rewards.
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No Annual Fee for the Card Itself. If you live or spend lots of time overseas and have easy access to Costco warehouse clubs there, this benefit can go a long way.
Disadvantages Requires Costco Membership. Must Visit Costco to Redeem Rewards. Most other rewards cards allow you to redeem cash back online, often via electronic bank account deposit. In practice, this is likely to be on your first trip to Costco after you receive your cash back rewards coupon with your February statement. Most other cash back cards avoid artificial redemption timelines — you can redeem whenever you want, subject to minimum redemption thresholds, if any.
Overly Sensitive Fraud Detection. Though Citi could certainly improve its fraud detection practices in the future, they appear to lag at present. Has a Penalty APR. This card carries a penalty APR of Once imposed, it remains in force indefinitely. Over time, that can really add up for cardholders who carry balances and sometimes face liquidity issues that impact their payment schedules.