Costco
Estimated value: 1.0¢ per reward
Costco Cash Rewards is the program for the Costco Anywhere Visa Card by Citi, the only credit card accepted at Costco warehouses and Costco.com. The card earns 4% on eligible gas/EV charging (up to $7,000/year), 3% on restaurants and eligible travel, 2% on Costco and Costco.com purchases, and 1% everywhere else. Reward certificates are issued annually in February and can be redeemed at Costco warehouses for merchandise or cash. Best for: frequent Costco shoppers and those who buy a lot of gas and dine out regularly. Costco membership required.
1.0¢
per reward (baseline)
Reward certificate issued once per year (February). Redemption options: - Cash at Costco warehouse (full certificate value in cash or applied to merchandise) - Merchandise at Costco warehouse Cannot use for online purchases or outside Costco. Certificates expire after a set period (typically by end of the calendar year after issuance). For maximum flexibility, redeem for cash at the Costco register rather than applying to merchandise.
Costco Anywhere Visa by Citi: - 4% on eligible gas and EV charging (up to $7,000/year combined; 1% after) - 3% on restaurants and eligible travel - 2% at Costco and Costco.com - 1% on all other purchases - No annual credit card fee (Costco membership required — $65–$130/year) Tips: - Best gas card for high-volume gas buyers (4% up to $7K/year is excellent) - Use for dining and travel at 3% if you don't have a better travel card - Costco's 2% is lower than many store cards; some Costco members prefer earning elsewhere - Reward certificate issued in February — Costco Executive members already earn 2% on Costco purchases from membership, effectively 4% at Costco combined