Costco Anywhere Visa Business Card by Citi

Rewards by category

Our take

This card fits a business that spends heavily on the road. Gas and EV charging earn 4%, rising to 5% at Costco fuel, and it ranks fourth in our EV charging table. Dining and eligible travel — flights, hotels, and other travel — pay 3%, while Costco and Costco.com purchases earn 2%. If your company fuels vehicles weekly and restocks at the warehouse, the spend shape lines up.

The card charges no annual fee, but it is not free to hold: a paid Costco membership is required, so count that cost against your rewards. The 4% fuel rate is capped at $7,000 per year across gas and EV charging combined, then drops to 1%. There is no signup bonus, and everything outside the bonus categories earns the 1% base rate.

In a small wallet, treat this as the fuel and dining specialist, not the everything card. Rewards come as straightforward cash back, and the Visa carries no foreign transaction fee, which helps on international business travel. Pair it with a flat-rate card that beats 1% for general spending, and route gas, EV charging, restaurants, travel, and Costco runs here.

The math

Run $200 a month of gas through this card and you're earning about $96 a year at our conservative valuations. There's no annual fee to earn back — everything above the 1% base rate is pure upside.

Store bonuses

• Costco Gas Station5%
• Costco2%

Common questions

Does Costco Anywhere Visa Business Card by Citi have an annual fee?

No — Costco Anywhere Visa Business Card by Citi has no annual fee.

What does Costco Anywhere Visa Business Card by Citi earn on gas?

4% on gas (up to $7,000/yr (combined); lower rate after the cap).

What rewards does Costco Anywhere Visa Business Card by Citi earn on everything else?

1% on all other purchases, in Cash Back.

Do you need a Costco membership for the Costco Anywhere Visa Business Card?

Yes. The card requires a paid Costco membership, so factor that cost into the math even though the card itself carries no annual fee. If your business already shops at the warehouse, the membership is a sunk cost and the card is effectively free to hold; if not, the membership is the real price of entry.

What happens after you hit the $7,000 gas and EV charging cap?

The 4% rate applies to your first $7,000 per year in gas and EV charging combined — the two categories share one cap. Once you pass it, that spending earns 1% until the cap resets. High-mileage fleets can hit $7,000 quickly, so track combined fuel spend and move overflow to another card once the rate drops.