Are you a Costco enthusiast always on the lookout for the best deals and savings? Well, you’re in for a treat! Introducing the latest credit cards designed exclusively for Costco members. These new credit cards offer an array of benefits that will not only save you money, but also make your shopping experience more enjoyable. Let's dive in and explore the new credit cards for Costco so you can maximize your savings like never before!
New Credit Cards For Costco Table of Contents
Why A Costco Credit Card?
Having a Costco Credit Card brings you tremendous benefits, such as earning cashback rewards on your everyday purchases, a top-tier rewards program and exclusive perks for being a Costco member. Enjoy great value on travel, gas, and restaurant purchases without paying high annual fees. Plus, you'll have the convenience of consolidating your shopping and credit expenses on one card.
1. The Costco Anywhere Visa® Card by Citi
As a Costco loyalist, the best credit card you can get is the Costco Anywhere Visa® Card by Citi. This card offers fantastic benefits and rewards for Costco shoppers:
- No annual fee (with paid Costco membership)
- 4% cashback on eligible gas purchases for the first $7,000 per year, then 1% thereafter
- 3% cashback on restaurants and eligible travel purchases
- 2% cashback on all other purchases from Costco and Costco.com
- 1% cashback on all other purchases
Besides the cashback rewards, Costco Anywhere Visa Cardholders also have access to various Citi benefits such as travel protections, purchase protections, and extended warranties.
2. Airline Credit Cards for Costco Loyalists
If you're a frequent traveler, you might want to consider airline credit cards that offer additional value when shopping at Costco. For instance:
- Delta SkyMiles® Gold American Express Card: Earn 2 miles per dollar spent at US supermarkets including Costco, and up to 2 miles per dollar spent on restaurant purchases worldwide and on Delta purchases.
- United Explorer Card: Earn 2 miles per dollar spent at Costco, as well as 2 miles per dollar spent on United Airlines purchases, dining, and 1 mile per dollar on all other purchases.
These airline cards provide additional rewards like free checked bags and priority boarding, which add significant value for regular travelers.
3. Cashback Cards for Everyday Savings
If you're looking for a card that offers great benefits for not just Costco, but everyday spending, consider the following cashback cards:
- Chase Freedom FlexSM: Earn 5% cashback on up to $1,500 in combined purchases in categories that change each quarter, 5% on travel purchased through Chase Ultimate Rewards, 3% on dining at restaurants and drugstore purchases, and 1% on all other purchases.
- Capital One® SavorOne® Cash Rewards Credit Card: Earn unlimited 3% cashback on dining, entertainment, popular streaming services, and grocery store purchases, and 1% on all other purchases. This card offers great value for groceries and dining.
New Credit Cards For Costco Example:
Imagine you're a family of four who shops at Costco twice a month to stock up on groceries, gas, and household essentials. You decide to apply for the Costco Anywhere Visa Card by Citi. Here's what your monthly savings could look like:
- $400 on groceries x 2% cashback = $8
- $150 on gas x 4% cashback = $6
- $100 on dining x 3% cashback = $3
- $50 on miscellaneous purchases x 1% cashback = $0.50
In just one month, you've earned $17.50 in cashback, which amounts to a total of $210 per year. Over time, these savings can make a significant impact on your finances, simply by using the right credit card.
So there you have it - the best new credit cards for Costco that will help you make the most of your shopping experience. With so many rewards and benefits available, you'll be saving money and enjoying your Costco membership more than ever. Don't forget to share this article with your friends and family who love Costco just as much as you do! Also, make sure to check out other helpful guides on Flik Eco to level up your personal finance game.