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Rare Costco Visa business bonus offer: $75 after spending $1,500

October 7, 2024: The Costco Anywhere Visa® Business Card offers a $75 statement credit after spending $1,500 within the first 3 months of opening the card. This limited time offer is available through October 27, 2024. HT to Doctor of Credit for spotting this bonus.

This card doesn’t usually offer a welcome bonus of any kind, so if you’re thinking of getting the card, now’s as good a time as any, even though the welcome bonus isn’t terribly compelling on its own. There is a similar offer on the personal Costco Visa card.

Best Costco Visa Business Bonus: $75 after $1,500 spent in 3 months

Costco Anywhere Visa® Business Card by Citi

Annual fee: $0
Requires Costco membership.

Best sign-up bonus: Earn a $75 statement credit after spending $1,500 within the first 3 months of account opening. Offer valid 10/3/24 – 10/27/24.

Learn how to apply.

This bonus is earned as a statement credit.

Bonus eligibility: Are you eligible to earn the sign-up bonus?

When we reviewed the terms and conditions of the Costco Anywhere Visa® Business Card by Citi bonus offer, we didn’t find any restrictive terms and conditions. If Citi approves you for the card and you meet the spending requirements, you should be able to get the bonus.

At a glance: Costco Anywhere Visa® Business Card by Citi

Annual fee: $0
Foreign transaction fee: None

All information about the Costco Anywhere Visa® Business Card by Citi has been collected independently by cardsandpoints.com.

The Costco Anywhere Visa® Business Card by Citi offers small business owners 2% rewards at Costco and Costco.com, plus 4% on eligible gas and EV charging, up to $7,000 per year. But there are several other cards that offer better rewards at Costco.

Sign-up bonus

Best sign-up bonus: Earn a $75 statement credit after spending $1,500 within the first 3 months of account opening. Offer valid 10/3/24 – 10/27/24.

Learn how to apply.

This bonus is earned as a statement credit.

Rewards

  • 4% on eligible gas and EV charging for the first $7,000 per year. 1% thereafter.
  • 3% at restaurants.
  • 3% on eligible travel, including Costco travel.
  • 2% on all other purchases at Costco and Costco.com.
  • 1% on all other purchases.

Rewards are marketed as cash back, but you will only receive your rewards once a year as a paper rewards certificate.

In your February billing statement, you will receive a reward certificate for your accumulated rewards. This reward certificate is redeemable at U.S. Costco warehouses for cash or merchandise.

Benefits

Consumer insurance benefits
  • Purchase protection.
Travel insurance benefits
  • Worldwide car rental insurance.
  • Travel accident insurance.
  • Travel and emergency assistance services.

My take: A forgettable bonus, but the card usually offers nothing

I’m not going to get excited about a $75 bonus for getting a new card, even if there were no spending requirement. (There’s a $1,500 spending requirement on this one.) But we’re covering this one because the card usually offers nothing.

If you’re a Costco member and a small business owner, you should probably have this card for its 4% rewards on gas on up to $7,000 a year of spending. But there are other, better cards to use at Costco in most cases.

Frequently asked questions

Does the Costco business card have an extended warranty?

No. The Costco cards no longer carry an extended warranty—that benefit was dropped from the cards years ago. If you want a credit card extended warranty on your Costco purchase, check out our list of the best cards to use at Costco.

Does the Costco card earn cash back?

Kind of. The Costco cards earn rewards that you’ll receive as a reward certificate with your February statement. This reward certificate may be redeemed for cash at Costco warehouses in the U.S.

About the author

  • Photo of Aaron Hurd, credit card and travel rewards expert.

    Aaron Hurd is a credit card, travel rewards, and loyalty program expert. Over the past 15 years, he has authored over a thousand expert contributions published by leading outlets including WSJ, TIME, Newsweek, Forbes, NerdWallet, The Points Guy, Bankrate, CNET, and many others. He has also served in consulting roles for many of these same outlets, designing content strategy, hiring teams of teams of editors and contributors, developing thought-leadership pieces, and ghost-editing for senior editors. Aaron is well-known in the miles and points community and regularly presents about travel rewards at conferences like the Chicago Seminars and Minnebar. Aaron has enjoyed the game of optimizing credit card rewards since getting his first credit card shortly after he turned 18. He started learning about credit cards and travel rewards from the (now defunct) FatWallet Finance forums and FlyerTalk. He holds more than 40 open credit cards and has first-hand experience with almost every major credit card product.

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