Tip #7: Maximizing the Costco Anywhere Visa Card Cash Back Rates
If you carry the Costco Anywhere Visa Card by Citi, relying on it solely for warehouse purchases means missing out on its most generous earnings categories.
The card offers a tiered reward structure designed to optimize daily spending across multiple categories: you earn 4% cash back on eligible gas and EV charging purchases for the first $7,000 spent per year (1% thereafter), 3% cash back on restaurant dining and eligible travel, 2% on all Costco and Costco.com purchases, and 1% on all other purchases.
To extract maximum value, treat this card as your primary payment method for fuel and dining out, even when you are far away from a warehouse location.
Spending $300 a month on gasoline yields $144 in cash back annually, while spending $400 a month on dining out and travel nets an additional $144.
When combined with your regular wholesale spending, your annual credit card reward certificate can easily top $400, providing you with cash back that significantly outweighs the cost of holding a membership card.
