The Costco Anywhere Visa® Card by Citi is a cash back rewards credit card that helps Costco members to make the most of their spending. One major perk is that the card doesn’t charge foreign transaction fees1. In addition to no foreign transaction fees, the card has numerous other benefits that make it a great choice for any foreign purchase made in the US or abroad.
What are foreign transaction fees?
A foreign transaction fee is an amount that some credit card issuers charge on purchases made abroad. For example, some credit cards may charge a 3% foreign transaction fee for purchases made in a foreign currency.
If you plan on traveling outside the U.S., you can save by using a credit card that does not charge foreign transaction fees.
Why the Costco Anywhere Visa® by Citi is great for travel
The Costco Anywhere Visa® Card by Citi has several benefits that make it a great choice for your next international vacation. Travel benefits include:
- No foreign transaction fees1
- No annual fee with your active/paid Costco membership1
- 5% Cash back on gas purchased at Costco locations worldwide and 4% Cash back on other eligible gas and electric vehicle (EV) charging (earn is on a combined $7,000 spend per year, and then 1% thereafter)
- 3% Cash back on restaurants and eligible travel, which can include airfare, hotel stays, car rentals, travel agencies, cruises and Costco Travel
- 2% Cash back on all other purchases from Costco and Costco.com – so you can stock up before you travel
- 1% Cash back on all other purchases
- Travel and emergency assistance**
- Worldwide car rental insurance*
- Travel accident insurance*
- Roadside assistance dispatch service**
- Damage and theft purchase protection
- Access to Citi Entertainment®, which can allow cardmembers special access to buy tickets to thousands of events while traveling
1Important Pricing & Information
*Certain terms, limitations, and exclusions apply. These benefits are included as a part of the Citi® / Costco Card and are underwritten by Virginia Surety Company, Inc. More information will be provided in your Guide to Protection Benefits if you are approved for the card.
**Certain terms, limitations, and exclusions apply. These benefits are included as a part of the Citi® / Costco Card and are administered by a third-party provider. More information will be provided in your Guide to Protection Benefits if you are approved for the card.
Disclosure: This article is for educational purposes. It is not intended to provide legal, investment, or financial advice and is not a substitute for professional advice. It does not indicate the availability of any Citi product or service. For advice about your specific circumstances, you should consult a qualified professional.
