If you have a Costco Citi card, then you must be enjoying its various rewards, such as no annual fee, cashback rewards, and much more. It has some unbeatable perks and features that are difficult to find in the market.
In case you are considering to apply for this card, the process may be a is a little different from others, but it is easy. You may have to visit their official website for clarification.
However, be mindful that to get a Costco Citi card, you first have to be a Costco member.
Read on to find this card’s complete benefits as an existing or potential Costco Citi cardholder.
Cashback rewards on different categories
As a Costco Citi cardholder, you can earn at least 4% cashback on gas purchases when you spend $7,000 from Costco or elsewhere annually. This means you will get $280 back once you reach that limit.
Keep in mind that after spending $7,000, the rewards will go down to 1%.
This card also earns you 3% cashback on travel and restaurant purchases. You will also get another 2% cashback at Costco and Costco.com and 1% on other purchases.
You receive essential redemption options
Every year in February at the closing of the billing statement, every Costco Citi cardholder receives a cash-back reward certificate.
This certificate can be secured at any physical store at your convenience before the end of the year, and you can exchange them in the form of either merchandise or cashback.
This especially comes in handy for individuals who have been saving up to buy a big-ticket item.
No foreign transaction fees
This, of course, comes in as good news to frequent travelers. If you are planning on getting a new card, this one should be in your consideration since it doesn’t charge any foreign transaction fees.
This helps you save that 3% or 5% most cards charge when you make any transactions abroad. Moreover, you still get to earn rewards, whether you are at home or overseas.
Car rental insurance
Did you know this card offers comprehensive car rental insurance? Yes, now, you know. It also covers against damage and theft.
Travel and emergency assistance
This card offers 24X7 emergency assistance when you are on the road. If you ever find yourself in need of any legal or medical assistance, give them a call, and they will be at your service.
There is more – if you ever get car issues and you are stuck, you will get assistance as long as you are in the US, Virgin Islands, or Puerto Rico.
Entertainment and shopping perks
This card comes with several theft and damage protection features.
For instance, if you purchase an item using your Costco Citi card and they get damaged or stolen within 120 days of purchase, the card offers coverage for them. New York residents only have 90 days to file their complaint.
The card also comes with individual tickets for hundreds of events before they are put on the market for everyone to purchase. If you have a concert coming up, this card can help you save your seats in advance.
Lastly, this card has a $0 liability fraud protection. However, in the event of theft or if you misplace it, they allow you to close it instantly and turn it on once you find it.
The Costco Citi card has more features than meets the eye. If you have been wondering whether this card is worth it, then hopefully some of your questions have been answered now.
In case you want to apply, head over to their website and follow the prompts. You can also call at 1-800-259-3052 to apply for the card by phone. Their head office is located at 388 Greenwich Street, New York, NY 10013, USA.
Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.