Costco is one of the most popular stores on the planet, and for good reason. They have an incredible selection of products, great prices, and amazing customer service. Of course, there are a few catches. The first is their Citi Credit Card. In this review, we will take a look at what the card has to offer and whether or not it’s a good fit for you. After reading this Costco Citi Credit Card review, make sure to read our other reviews to find the best credit card for your needs.
What is the Costco Citi Credit Card?
If you’re a Costco member and have an affinity for credit cards with generous rewards programs, the Costco Citi Credit Card may be the perfect fit for you. The card offers a solid mix of benefits, including a hefty 2% cash back on all purchases, 1 point per dollar spent on all other purchases, and no annual fees. Simply put, this card is a great way to maximize your savings at Costco and beyond.
But what if you don’t have an affinity for credit cards? That’s not a problem with the Costco Citi Credit Card. In fact, it has an introductory 0% APR offer available for the first twelve months. After that, the APR is set at 18%. That’s still quite low compared to other options out there, so if you can’t commit to a full-year agreement or want more flexibility in terms of interest rates, this could be your card of choice. Plus, as long as you make your minimum monthly payments on time, there’s no late fee or penalty associated with this card either.
So whether you’re looking for great rewards that don’t come with any extra costs or just need something simple and easy to use, the Costco Citi Credit Card is definitely worth considering.
Rate and Fees
Costco is a great place to get groceries, but its Citi card can be a little confusing. Here’s what you need to know about the Costco Citi Card and its fees.
Costco charges an annual fee of $95, which is waived the first year. After that, there are also APR rates of 13.24% – 24.24%, depending on your credit score. The minimum payment required each month is $10. And as with most cards, there’s a 0% introductory APR for the first 12 months and then a variable APR from 17.24% – 25.24%.
The Costco Citi Credit Card Features
Costco Citi Credit Card Overview
The Costco Citi Credit Card is issued by Citigroup and can be used at participating Costco warehouses. For a annual fee of $0, cardholders receive 2% cash back on purchases made at Costco and 1% cash back on all other purchases. The card also offers 0% interest on Purchases for 12 months and then a variable APR of 17.24-25.74%. This rate is lower than the APR available on most other credit cards. The Costco Citi Credit Card is also renewable for an additional year at no charge.
Costco Citi Credit Card Rewards
Cardholders earn 2% cash back on eligible Costco purchases and 1% cash back on all other purchases. There is no limit to the total amount of cash back that can be earned annually, although the max payout per month is $10. Cash back rewards are deposited directly into a cardholder’s account each month.
The Costco Citi Credit Card also offers 0% interest on Purchases for 12 months and then a variable APR of 17.24-25.74%. This rate is lower than the APR available on most other credit cards. The 0% interest offer applies to both new and existing accounts, making it an ideal choice for people who frequently make large purchases at Costco (or any other retailer that participates in the Citigroup Visa network). The 12-month zero interest offer may not be available to everyone; please check the terms and conditions of the card before applying.
Costco Citi Credit Card Application Requirements
In order to be eligible for the Costco Citi Credit Card, applicants must be residents of the United States and have a valid US credit score. The Costco Citi Credit Card is not available to people with outstanding debt. The annual fee for the Costco Citi Credit Card is $0. The Costco Citi Credit Card is renewable for an additional year at no charge.
How to Use the Costco Citi Credit Card
There’s no need for a Costco membership to take advantage of the Citi Credit Card – in fact, you can use it even if you don’t have one! And if you already have a Costco membership, the card can help you save even more.
To get started, open your browser and go toCostco.com/citi. Enter your zip code to see all of the participating Costco stores near you. Once you find a store that participates, click on “Get Started” under the “Citi Credit Cards” tab on the right side of that page.
You’ll be asked to enter your name, email address and phone number. Next, you’ll be asked to create an account and provide some personal information like your birthday and social security number. You don’t need to provide this information if you already have an account with Costco or if you are using one of their affiliated cards like the American Express Premier Rewards Gold Card or The Home Depot Credit Card from Chase.
Once you have created your account, click on “Apply Now” at the top of the page. You will be prompted to enter your personal information again, but this time all you will need is your Social Security Number and Date Of Birth (or select them from a dropdown menu). After providing these details, click on “Complete Application” and Costco will start processing your application!
Once your application has been processed, you will be able to log in to your account and view your account information. You will also be able to see the benefits of the Citi Credit Card and make purchases in participating Costco stores.
The Costco Citi Credit Card is a great option for people who are looking to improve their credit score. The card has low annual fees and offers a number of benefits, such as 2% cash back on all your purchases and 0% APR on Purchases for 36 months. Plus, there is no foreign transaction fee, so you can rest assured knowing that you will not have to pay any extra charges when traveling abroad. If you are interested in this card or any other credit cards, be sure to consult our website for the latest reviews and ratings.