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How to get double cash back at Costco
If you have a membership at Costco, there’s a decent chance you allot a good chunk of your household spending to the bulk retailer. The most basic membership costs $60 per year, after all, so you’ll want to get your money’s worth in savings.
Luckily, savers can rejoice. When it comes to Costco, there are a lot more ways to save beyond just buying in bulk. Some of these methods require an up-front investment, how to activate walmart prepaid debit card, and others require you to choose: Earn better rewards at Costco or smaller rewards at other stores, too? It can be confusing, but we’ll walk you through exactly how to get the most cash back for your situation.
Can I get cash back at Costco?
It’s possible to earn up to 6% cash back at Costco. You can use three main strategies, which you can mix and match or use alone:
Depending on your family’s needs, one or more of these might be your best option. Let’s dive into each one.
Cash back with the Costco Visa card
The most lucrative way to earn cash back at Costco is to sign up for the Costco Anywhere Visa Card by Citi. This card offers 2% cash back on all your normal Costco purchases. It’ll even do you one better, too: You’ll earn 4% cash back on gas purchases, on up to the first $7,000 spent in this category each year (after that, it’s just 1% cash back), plus 3% cash back on restaurants and eligible travel purchases. There’s also no annual fee.
You should be aware of a few downsides, though. You can only use your cash back rewards at Costco. The redemption strategy is also a little wonky – you’ll only get access to your cash back once per year, in February, when you’ll be issued a certificate for all of your earnings over the previous year. You can use this certificate whenever you want, up until when it expires at the end of the year.
If you close your account, you’ll lose all your rewards. This is a big bummer if, for example, you close your account in January. You’d then lose all your cash back rewards you’ve been accumulating since last February. Thus, February – right after you receive your certificate – is the best time to close your account if you’re worried about losing rewards.
See related: Costco Anywhere Visa is popular, but is it worth it?
Cash back with a Costco membership
Costco’s Gold Star membership ($60 per year) is its most basic tier, and you don’t get much extra besides the ability to shop at Costco. If you’re willing costco cash card rebate bump up to the Gold Star Executive membership ($120 per year), though, you’ll get 2% cash back on all your Costco spending, up to a maximum reward of $1,000 per year.
To figure out whether the Executive membership makes sense for you – whether you’re new to Costco or considering a membership upgrade – try to estimate how much you spend (or would spend) each month at Costco, and multiply by 12 to calculate usaa credit card customer service hours annual spending. The break-even point is $6,000 if you’re new to Costco or $3,000 to recoup the extra cost to upgrade an existing Gold Star Costco membership.
The way you use your Costco rewards is similar to the options with the Costco Anywhere Visa Card. You’ll be mailed a certificate once per year – about three months before your membership renews – with all the cash back you’ve earned over the previous months. Again, you’ll need to be aware of when your membership renews so that if you cancel your membership, you don’t lose out on a year’s worth of cash back.
Cash back with a general cash back card
Signing up for the Costco Anywhere Visa Card fidelity bank wichita falls login the Executive level of membership are good ways to earn cash back at Costco. But they have some downsides – you can only use your rewards at Costco, and you only get access to your rewards once per year.
If you’d prefer costco cash card rebate use your cash back wherever and whenever you want, a better option might be to apply for a more general cash back rewards card. Keep in mind that Costco warehouses only accept Visa if you’re using a credit card, though. Stay away from American Express or Discover cards if you’re looking for a good card to use at Costco.
Two particularly good choices are the Bank of America® Customized Cash Rewards credit card and the Wells Fargo Active Cash℠ Card, both of which offer 2% cash rewards rate at warehouses like Costco.
While you might not earn quite as high of a rate with these cards (2% cash back versus up to 4% cash back on Costco gas purchases), you’ll earn it more consistently. By contrast, you can use your Costco Anywhere Visa Card at any store, but you’ll only earn 1% cash back on non-Costco purchases.
Which of these strategies is best for you depends on your spending habits and whether you prefer higher-earning rewards or more flexible rewards.
If you spend more than $6,000 per year at Costco and your goal is to maximize your cash back, we recommend signing up for both the Executive membership level and the Costco Anywhere Visa Card. Paired together, you’ll earn a total of 6% on gas purchases (on up to $7,000 worth of gas per year), and 4% on all your other Costco spending. But you pay for it with less flexible rewards: You only get your certificates once per year, and they can only be used at Costco.
If you spend less than $6,000 per year at Costco or want the flexibility to use your rewards whenever and wherever you want, we recommend opting instead for a general cash back rewards card and a basic Gold Star membership. And, of course, if you don’t mind managing multiple cards, you can always sign up for a general cash back card even if you opt for the Costco Anywhere Visa Card so that you can still earn cash back rewards at other stores, too.
See related: How I used my Costco Anywhere Visa card to book a trip to Hawaii
The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.
Costco vs Amazon: Which Credit Card to Use During This Crisis?
Costco and Amazon offer rewards and benefits that every consumer will surely enjoy. But during this crisis, which card proves to be more useful?
Stockpiling on groceries is pretty common among Costco and Amazon shoppers, but with the coronavirus pandemic still in progress, it’s becoming more and more difficult for consumers to buy what they need, and what’s even more important, to get benefits for the purchases they make.
Here’s what you need to know about the credit cards each company offers so you can choose the option that best suits your needs.
Costco vs Amazon: Credit Card Rewards
The Costco Anywhere Visa® Card offers several cashback rewards for different kinds of purchases.
You can earn as much as 4% cash back on eligible gas worldwide, including Costco, for the first $7,000 per year, then it drops back to 1% afterward, 3% on any eligible restaurant and travel purchases worldwide, 2% from Costco and Costco.com, and 1% on all other purchases.
Amazon currently has 4 cards available. Each one offers different percentages on cashback rewards. With Amazon Rewards Visa Signature Card, earn 3% cash back at Amazon.com and Whole Foods Market; 2% back at restaurants, gas stations, and drug stores; and 1% back on all other purchases. A $50 Amazon.com gift card can also be received upon approval.
With an eligible Prime membership, the Amazon Prime Rewards Visa Signature Card raises the 3% cash back at Amazon.com and Whole Foods to 5%. Other cashback offers stay the same. The gift card, to be received upon approval, is now $70.
Amazon Prime Store Card offers a 5% cash back on Amazon.com with a $10 Amazon.com gift card upon approval. Amazon Store Card does not offer any rewards, but provides new cardholders with the same $10 Amazon.com gift card upon approval.
Both cards offer reasonable cash back rewards, but when you have to redeem rewards, they have different policies. Amazon cardholders will not have any problem with redeeming their rewards any time, but the same cannot be said for Costco cardholders. Rewards can only be redeemed once a year, and you’ll the skeleton key in hindi download to visit a U.S. Costco warehouse yourself.
Costco vs. Amazon: Credit Card Fees and APR
The Costco card and Amazon Visa cards have no annual fee, although you may need membership to keep your account open. Additionally, both cards do not incur an additional 3% foreign transaction fee when you use them outside the U.S. However, be reminded that some countries are still on lockdown and everyone is urged to practice social distancing to prevent the spread of the virus. It’s best to reserve this perk when it’s already safe. Can’t really travel that much if you’ll just end up sick and spend more on hospital bills, right?
As for APR, all purchases and balance transfers made with the Costco card will have the standard 15.24% variable APR. There are no offers on a 0% introductory purchase APR.
Amazon cards, on the other hand, provide special financing with 0% interest if you pay equal monthly payments on Amazon.com purchases:
- 6 equal monthly payments on purchases of $150 or more
- 12 equal monthly payments on purchases of $600 or more
- 24 equal monthly payments on select purchases
As long as you pay your dues on time, you won’t be charged with any deferred interest. Pay later costco cash card rebate the financing offer and you’ll have to pay the cumulative interest starting from the day when you originally made the purchase.
The Benefits of Using Each Card
The Costco Anywhere Visa Card offers the following:
- Additional Costco Membership ID. Forgot your membership card? Use your credit card as an alternative.
- Travel and emergency assistance. Wherever you are, you’ll receive Costco’s assistance on travel services, from car rental insurance to emergency travel arrangements and trip cancellation protection.
- Damage and theft purchase protection. Damaged or stolen purchases using the Costco Anywhere Visa Card will be covered. An extended warranty of 24 months is also added automatically to any purchases.
- Access to tickets before they go on sale. With Citi Entertainment, you can land yourself a sure seat before they’re released and eventually gets sold out.
Both Amazon Prime Rewards Visa Signature Card and Amazon Rewards Visa Signature card offer the following:
- Travel and emergency assistance. Use these cards to pay for an air, bus, train, or cruise transportation, and you are eligible to receive accidental death or dismemberment coverage of up to $500,000. What’s more, they also offer an auto rental collision damage waiver and a dispatch for any roadside emergencies.
- Lost luggage reimbursement. Amazon covers up $3,000 of reimbursement per passenger on both damaged and lost check or carry-on luggage.
- Baggage delay insurance. For baggage delays over 6 hours, Amazon reimburses you for essential purchases like toiletries and clothing for up to $100 a day for 3 days.
- Damage and theft purchase protection. These cards will cover your new purchases for 120 days against damage and theft to $500 per claim and $50,000 per account.
- Visa Signature® Luxury Hotel Collection. From over 900 luxury hotels to choose from worldwide, cardholders can gain access to perks such as the best available rate, available automatic room upgrades and complimentary in-room WiFi, and a lot more.
- Visa Signature® Concierge Service. Earn complimentary Visa Signature Concierge Service 24 hours a day and gain tickets to sports and entertainment events or even dinner reservations.
Costco and Amazon Credit Cards: The Verdict
We have broken down the basics for you, but the choice is still dependent on where you are going to make your purchases.
Frequent Costco shopper? Then make use of the Costco Anywhere Visa Card and its travel perks. Just take into consideration the once-a-year reward redemption, and that the travel perks will have to wait until after it’s safe to go outside and most, if not all, establishments have opened up.
Loyal to Amazon and Whole Foods? Take advantage of the numerous rewards they offer on all four credit cards, especially if you are on a prime membership.
What you should keep remembering is to pay your dues on time, or else you’ll be paying more than the cost of your original purchases with the deferred interest. Also, Amazon may have more perks for the average traveler but with this pandemic, it’s safer to enjoy those at a later time than be sorry.
Still can’t decide between Costco and Amazon?
If the terms on both cards are fine with you, then maybe it’s a good idea to have two cards rather than be stuck on just one. For example, if you are still required to go to work despite the stay-at-home measures, i.e. frontline services, then swipe your Costco card to save up on gas.
If you have to stash on your weekly supply and Whole Foods has been your go-to, then choose any of the four Amazon cards. 2 credit cards may seem too much for your wallet, but you’ll end up enjoying the best of both worlds, just know when is the best time for each.
I’ve made a decision. Now what?
Great! We’ve answered the most important question so far. Knowing which card to use is not the end of the problem. Knowing HOW to use your credit cards is as important as knowing WHICH one to use.
First, before you splurge on any purchases—or even panic buy for that matter—it’s best to check your inventory first and take note of what you already have.
You don’t have to buy 20 rolls of toilet paper. Doing so just leaves you with unnecessary purchases and leaves others unable to buy the same things as you do. Remember that we are in a crisis and that doesn’t equate to selfishness.
Once you have created a catalog of everything that you have, it’s easier to identify which ones need purchasing. This way, you’re sure that whatever you’re buying is important.
Last but not the least, be prompt with the bills. Remember that a credit card is not a replacement for cash, so don’t buy more than what you can pay for. You wouldn’t really want to be bankrupt at a time like this, don’t you?
This pandemic doesn’t have to be as chaotic as we thought it would. Granted that we keep a sane mind and make sound decisions, we can manage to survive this crisis with the least amount of repercussions.
Rebates on Credit Cards Can Be Tough to Figure
Arthur Krieger makes money when he uses his credit card. The problem is, he doesn’t make enough.
Like many Americans, Krieger has a credit card that pays him a reward, or rebate, based on how much he charges.
Krieger said he spent about $9,000 on his co-branded American Express-Costco card us bank bank customer service year and got $89 cash back. But that was about $50 short of what he thought he’d been promised.
After several phone calls, Krieger said he learned that the rebate formula he thought was simple was anything but. He had thought he would get a rebate amounting to 1.5% of his charges. But the rebate formula was tiered, paying 0.25% of his first $2,000 in charges, 0.5% on charges between $2,000 and $5,000 and 1.5% on charges above $5,000.
It was Krieger’s welcome into the often complicated but potentially lucrative world of cash rebate credit cards.
With cash rebate cards, consumers can get something for nothing -- but it’s hard to spot the best deals unless you read the fine print. Moreover, charging purchases to get cash back is only a good idea if you can afford to pay off your monthly credit-card balance in full.
If you carry a revolving balance, you’ll almost certainly pay more in interest than you will get in cash rewards.
“I’m tired of this telling you one thing and doing another,” said Krieger, a Los Angeles resident, who still smarts at the fact that the big-print promises are scaled back in the fine-print details. “This is the second time I’ve had this kind of problem with American Express.”
American Express said it couldn’t comment about Krieger’s account but noted that its rebate formula was spelled out in cardholder documents.
Rebate cards, which refund 1% to 5% of consumer charges in the form of cash or gift certificates, are the latest hot spot in the credit card market-share battle, said Ken McEldowney, executive director of Consumer Action in San Francisco. The cards are offered by nearly all of the nation’s major card issuers.
One reason that the cards have become so prevalent is a shift in consumer attitudes, said David Robertson, publisher of the Nilson Report, a credit card newsletter based in Carpinteria.
In the past, the “must have” reward was airline miles, he said. But consumers now view those with suspicion as airlines place greater restrictions on the use of free miles and people fear that financially struggling airlines may not be around when they are ready to redeem their miles.
“There are a lot of people asking themselves whether they want to turn from their airline card to something new,” Robertson said. “Because market share in the credit card industry is dominated by a handful of huge companies, they all have the wherewithal to dangle a shiny card in front of you.”
That leaves consumers with plenty of choices.
Consider the Discover Card, one of the nation’s oldest cash rebate cards. Its rewards give better returns to those who spend less. Cardholders get 1% cash back on up to $1,500 in annual purchases, but only 0.5% on purchases exceeding that amount.
American Express offers three different cash-back cards, all in cooperation with Costco. The rebates are paid once a year in certificates that can be redeemed at Costco stores for cash or merchandise.
One of those cards -- the one Krieger got -- reverses the Discover formula, rebating the most to those who spend the most. The company’s other two Costco cards have a somewhat simpler rebate formula. On those cards, the rebates amount to 3% of restaurant purchases, 2% discover online banking bonus travel charges and 1% on everything else.
There’s no tiered formula with those cards, dubbed “TrueEarnings,” said American Express spokesman Channing Barringer. The full rebate applies to the first dollar charged.
BankOne offers a cash rebate card that pays the cardholder a penny for every dollar charged up to $60,000 per year. Translation: Maximum annual rebate is $600.
Citibank offers a similar card, but it pays a higher percentage -- 5% -- on purchases made at gas stations, supermarkets and drug stores, but caps the annual rebates at $300 a year. However, those who sign up for the company’s “dividend network” can get unlimited rebates on purchases made from Citibank partners in the program, such as clothing retailer Land’s End and Princess Cruises.
“You need a flow chart to figure out which rebate card is best for your use,” McEldowney said. “But, as long as you pay off your balance each month and are careful about how you use the card, there’s no downside.”
The one caution: Some of the cards encourage consumers to carry a balance, he noted. American Express, for instance, pays a “bonus” rebate on some cards to those with revolving balances. But the rebates are never sufficient to compensate for the interest charges, consumer experts agree.
“If you carry a balance, these rewards, whether miles money or gifts, discover online banking bonus never worth it,” compared with paying down your debt, said Edmund Mierzwinski, consumer program director at the U.S. Public Interest Research Group in Washington, D.C. “If you are a convenience user, make a decision about which rewards you want. But if you are carrying a balance, the interest you pay far outweighs any benefit.”
Kathy M. Kristof, author of “Investing 101" and “Taming the Tuition Tiger,” welcomes your comments and suggestions but regrets that she cannot respond individually to letters or phone calls. Write to Personal Finance, Business Section, Los Angeles Times, 202 W. 1st St., Los Angeles, CA 90012, or e-mail [email protected] For previous columns, visit latimes.com/kristof.
Review: Costco Anywhere Visa® Card by Citi benefits and features
Costco Anywhere Visa® Card by Citi
- Discover one of Citi's best cash back rewards cards designed exclusively for Costco members
- 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter
- 3% cash back on restaurants and eligible travel purchases
- 2% cash back on all other purchases from Bank of america telephone access id and Costco.com
- 1% cash back on all other purchases
- No annual fee with your paid Costco membership and enjoy no foreign transaction fees on purchases
- Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico
- The standard variable APR for Citi Flex Plan is 15.24%. Citi Flex Plan offers are made available at Citi's discretion.
+ see card details
Since you're already paying an annual membership fee to be a Costco member, you instantly gain the ability to apply for the Costco Anywhere Visa® Card by Citi. With a $0 annual fee, Costco shoppers will be able to enjoy even greater returns on their already-low-priced merchandise.
Earn with a lucrative rewards rate
The Costco Anywhere Visa® Card by Citi comes with a remarkable rewards rate: 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter, 3% on restaurants & travel, costco cash card rebate at Costco & Costco.com, 1% on all other purchases.
In the categories where it earns more than 1%, the Costco Anywhere Visa® Card by Citi produces far better returns than many other credit cards. The 4% rewards rate on gas alone makes this card one of the best credit cards for gas purchases. The 3% rewards rate on travel outperforms some of the top travel credit cards — although you're not earning miles, giving you fewer opportunities to maximize your rewards.
We've compared the estimated annual savings based on an average household happy 1st birthday baby girl between the Costco Anywhere Visa® Card by Citi and the Citi® Double Cash Card – 18 month BT offer, which lets you Earn 2% on costco cash card rebate purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
By our estimates, the average shopper will come out $80 ahead on their everyday purchases with the Costco Anywhere Visa® Card by Citi, compared to the Citi® Double Cash Card. In general, you'll earn more cash back on gas, dining and grocery purchases with this card than with most other cards.
No sign-up bonus
One small drawback to note about the Costco Anywhere Visa® Card by Citi is the lack of a sign-up bonus. While this won't matter in the long run, welcome bonuses attract many consumers to reward credit cards — boosting the short-term value tremendously. For example, the Chase Freedom Flex℠ lets you Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
Redeem your Costco Cash Rewards for cash or Costco purchases
Another major downside of the Costco Anywhere Visa® Card by Citi is that it restricts reward redemption to just once per year. All the cash back you earn is provided in the form of an annual certificate in February, and you have until Dec. 31 of each year to complete costco cash card rebate redemption before your certificate expires.
Worse yet, if your account gets canceled, all the rewards will be gone. You won't have a chance to cash them out.
If you decide to close your account, the rewards will be forfeited and not mailed to you. However, despite this hurdle in redemption, we believe that the Costco Anywhere Visa® Card by Citi is still highly valuable for frequent Costco shoppers.
Cover your items with purchase protection
An underrated perk of the Costco Anywhere Visa Card by Citi are its purchase protection benefits. If your item is damaged or stolen within 120 days of purchase (90 days for New York residents), you can submit a claim with Citi to cover the cost of repair or a refund. This benefit applies to all purchases — not just at Costco.
Enjoy Citi exclusive benefits
One of the added benefits is access to Citi Entertainment, a feature that comes with most Citi cards. Citi Entertainment offers exclusive access to thousands of events, including presale tickets to concerts and sporting events and special dining experiences in.
Is it worth signing up for a Costco membership just for the credit card?
If the Costco Anywhere Visa® Card by Citi appeals to you, but you aren't a member of the wholesale store, it may be worthwhile to sign up to get the card. The most basic Costco membership costs $60 per year, providing you with unlimited shopping privileges at Costco locations and Costco.com. If we treat that as the credit card's annual fee, the issue boils down to whether this card will get you enough cashback rewards to still come out ahead. If you spend $2,000 on restaurants and dining alone, the Costco Anywhere Visa® Card by Citi will earn you rewards that will compensate for the basic membership fee.
But you'll need to be certain that you won't charge more to the card than you can afford each month. The card's standard APR is 15.24% (Variable) and applies to balance transfers. If you don't pay your statement in full, the savings you enjoy from this card could end up being meaningless.
How does the Costco Anywhere Visa® Card by Citi compare against other credit cards?
If you're seeking flexibility on receiving and redeeming cash back, there are many other highly rewarding cashback cards. Below we compare how the Costco Anywhere Visa® Card by Citi performs against other top cashback credit cards.
Costco Anywhere Visa® Card by Citi vs. Chase Freedom Flex℠
The Chase Freedom Flex℠ is a great new cashback credit card from Chase. The card lets you Earn 5% cash back on eligible purchases in rotating categories, 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases. Gas stations and grocery stores are typically included in Chase's rotating categories throughout the year, though this card's 5% quarterly bonus category is limited to $1,500 in purchases per quarter. Ultimate Rewards points are credited to your account each month.
One major drawback for Costco shoppers: the Chase Freedom Flex℠ is a Mastercard, which currently isn't accepted at Costco stores (though you can use it for purchases online). However, you're best off using it for its 5% categories, which generally won't apply to Costco.
As mentioned above, the Chase Freedom Costco cash card rebate comes with an easy-to-earn sign-up bonus: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year. We like that you can accumulate and redeem rewards on this card in a variety of ways.
This card comes with purchase protection against damage or theft and extended warranty protection. But for consumers looking to optimize their rewards, our recommendation is to get both cards. Use the Chase Freedom Flex℠ whenever you can get 5% cash back on rotating categories and 3% on drugstores, and the Costco Anywhere Visa® Card by Citi in all other circumstances.
Costco Anywhere Visa® Card by Citi vs. Citi® Double Cash Card – 18 month BT offer
The Citi® Double First time direct deposit chime Card is a prime example of a fixed-rate cashback card. Those who use it will Earn 2% on every purchase with unlimited 1% cash back when you costco cash card rebate, plus an additional 1% as you pay for those purchases. The purchasing power of the Citi® Double Cash Card – 18 month BT offer comes through on categories beyond gas, restaurants and travel. If you significantly spend outside of these categories — such as on entertainment or retail purchases — the Citi® Double Cash Card is the better option.
Like the Chase Freedom Flex℠, the Citi® Double Cash Card is First united bank mortgage payment and so won't work within Costco stores. However, you might consider using it as your go-to card for purchases that don't fall under the Costco Anywhere Visa® Card by Citi's categories. Since neither card comes with an annual fee, you always have the option of signing up for both cards and using the card that offers a better rate on a particular purchase.
Like the Costco Anywhere Visa® Card by Citi, there's no sign-up bonus with the Citi® Double Cash Card. However, for long-term cardholders, the card's rewards could exceed the value of a card with a sign-up bonus.
Costco Anywhere Visa® Card by Citi vs. Discover it® Cash Back Card
Similar to the Chase Freedom Flex℠, the Discover it® Cash Back Card offers 5% cash back at different places each quarter up to the quarterly maximum when you activate, 1% unlimited cash back on all other purchases - automatically. And, like the Chase Freedom Flex℠, this bonus is limited how to cancel bill pay wells fargo $1,500 in purchases per quarter (all other purchases get 1% cash back).
Some consumers may prefer the Discover it® Cash Back Card over the Costco Anywhere Visa® Card by Citi, as it typically includes wholesale clubs in Q2. Other categories that may be enticing include grocery stores, gas stations and Amazon.com. You can also redeem your rewards each month, rather than waiting on a certificate to be mailed out at the end of the year.
Another reason to consider the Discover it® Cash Back Card over the Costco Anywhere Visa® Card by Citi is the introductory offer: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300. If you're a high spender, this could significantly boost your short-term savings.
Like the other cards above, you won't be able to use the Discover it® Cash Back Card for in-store purchases at Costco. However, you can use it everywhere else to earn a large amount of cash back through the Cashback Match in your first year.
The Costco Anywhere Visa® Card by Citi offers some of the highest returns for life's most common purchase categories. Although there's a $0 annual fee, this card is only reserved for Costco members. If you've been thinking about purchasing a Costco membership, then the Costco Anywhere Visa® Card by Citi could help you maximize your savings each year.
The information related to Discover it® Cash Back has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication.