- No annual fee
- APR: 15.49%, variable
- Credit amount required: 670-850
Reasons
- No annual fee
- Global gas stations are refueling, you can get 4%cash return rewards, up to $ 7,000 per year, and enjoy the 1%cashback ratio
- Restaurant and travel consumption can get 3%cash cashback
- Consumption in Costco and Costco.com, you can get 2%cash cashback
- All other consumption can get 1%cash return reward
- Consumption rewards can be obtained by cash or checks, bank transfer methods
- Pay Costco members do not need to pay the credit card annual fee
Consumer return point
- Global gas stations can get 4%cash cash back.During each account calendar year, only $ 7,000 before.
- In global restaurants and eligible travel consumption, 3%of cash will be returned
- Consumption in Costco and Costco.com, you can get 2%cash return reward
- All other consumption can get 1%cash return reward
Directory of this article
Directory of this article
- Costco credit card overall evaluation
- COSTCO Credit Card Swipe Card Reward
- COSTCO credit card points exchange rules
- Costco credit card rate
- Costco credit card advantages and disadvantages
- Costco credit card summary
- Credit Card Daquan
- More credit card strategies
More credit card recommendations:The most popular credit card｜ Chase credit card｜ AMEX credit card｜ Discover credit card｜ BOA credit card｜ CITI credit card｜ Non-annual credit card｜ No SSN credit card｜ Aviation Credit Card｜ Hotel credit card
Costco credit card overall evaluation
Costco Credit Card is a joint consumer credit card cooperated with COTI Bank and Costco.It is a chip card with light gray geometric texture card surface.It has excellent card security.
When applying for a Costco credit card, the cardholder needs to open a separate COSTCO member qualification, because the Costco credit card does not provide COSTCO membership qualifications, and the Costco credit card does not provide a card reward.This is slightly insufficient compared to most other consumer credit cards.
However, if you are a loyal member of Costco, this Costco credit card is definitely your best choice.For example, you can get a 4%current price cash back in Costco.Shopping at Costco, you can get 2%of the cash returnnow.
Global gas stations can get a cash return of 4%of the consumption amount.It should be noted that the consumption of $ 7,000 is supported each year.After more than $ 7,000, gasoline consumption only receives 1%of the cash return reward.
When consumed in eligible restaurants and travel projects around the world, cardholders can get 3%of cash return rewards, and they are unlimited.
Cardholders spend 2%cash return reward at Costco and Costco.com.
All other categories of consumption can get 1%cash return reward.
The COSTCO credit card reward reward exchange is relatively special.It is calculated once a year.The calculation cycle is the credit card bill from January to December of the previous year.The cardholder card reward obtained by the cardholder is greater than $ 1 and less than $ 10,000, and will provide the cardholder with a reward certificate marked with a credit card reward amount.Essence
It should be noted that the redemption date must be before December 31 of that year.If this date exceeds this date, this reward certificate will fail, that is, the cardholder will not be able to get the card reward of the previous year.If the cards received by the cardholder over the previous year exceeded $ 10,000, the Costco or CITI bank will directly transfer the cardholder to the cardholder, or send a check to deliver the card reward directly.
Therefore, for cardholders with a credit card reward of less than $ 10,000, we must redeem the reward certificate in time to avoid losses to the credit card reward.
In addition to credit card rewards, the additional benefits provided by Costco are limited, mainly due to some benefits related to credit cards provided by VISA, such as identity disruption protection, card loss of stolen protection.
Therefore, the Costco credit card is a cardholder who needs to be refueling, consumption in restaurants and travel, and Costco members who often consume in Costco.
The following is a detailed introduction to the Costco credit card.
Check the credit card detailsCOSTCO Credit Card Swipe Card Reward
Swipe card cashback ratio:
- Global gasoline gasoline can get 4%cash cash back.Of course, the Costo gas station is included.During each account calendar year, it is only $ 7,000 before, and then 1%cash cash back.
It should be noted that the gas stations that comes with supermarkets and convenience stores are not included in it.For example, the gas stations comes with Kroger or Sam ’s Club do not belong to the range of 4%cashback.
- In global restaurants and eligible travel consumption, 3%of cash will be returned.
The restaurant that meets the 3%cashback also includes cafes, bars, rest stations and fast food restaurants.However, consumption in the baked stores and some restaurants and cafes in the storage clubs outside the department store, convenience stores, or Costco can not receive 3%cash return rewards, and can only get 1%cash return reward.
Eligible travel consumption includes air tickets, hotels, car rental, travel agencies, cruise companies and Costco Travel products, but for time-sharing vacation, camping, breakfast, hotels and trains and commute travel consumption can only get 1%Cash return rewards.
- Constellation in Costco and Costco.com can get 2%cash return rewards.
- All other category consumption can get 1%cash return reward.
Swipe card consumer benefits
Costco credit card provides some basic VISA credit card benefits, including:
Id navigator identity and protection:
The cardholder needs to register the Norton Lifelock by themselves to get the free.After the registration is successful, when the cardholder has a stolen information, he can seek assistance to obtain credit monitoring and other help.
Cardholder query service:
When the cardholder has any questions about the account, you can contact VISA customer service representative 24 hours a day throughout the year.
Card is lost or assisted by theft:
If the cardholder is stolen or lost, you can contact VISA customer service representative 24 hours a day.VISA will suspend cardholder’s credit card and replenish new cards according to needs.
Check the credit card detailsCOSTCO credit card points exchange rules
All cash return rewards will be calculated once a natural year, the calculation cycle is from January to December, and will be issued at one time after the February of the next year.
When the total amount of the award in one year is lower than or equal to $ 10,000, the cardholder will get a reward certificate of the equivalent amount, and you can go to any US Costco store on December 31 that year to exchange goods or cash through single currency transactions.
If the total amount received by the cardholder is higher than $ 10,000, Citibank or Costco will be paid to the cardholder by checking or electronic transfer.
Costco credit card rate
- No annual fee
- Shopping consumption APR: 15.49%, it will be adjusted according to the cardholder’s credit situation and market change
- Cash overdraft APR: 25.49%, it will be adjusted according to market changes
- Timeout repay APR: 29.99%, it will be adjusted according to market changes
- The balance transfer fee: each fee is 5%or $ 5 of the transfer amount, and those who are higher shall prevail
- Pre-borrowing cash fees: 5%or $ 10 of the amount of pre-borrowing cash, prevailing
- Cross-border transaction fee: 0%
Costco credit card advantages and disadvantages
advantage
- No annual fee and overseas transaction fee
- Multi-category consumption can get high proportion of cash back
- You can use the Costco credit card as a member ID of the cardholder
shortcoming
- Consumption rewards can only be settled once a year
- Consumption rewards have a time limit for exchange
- No card reward
- Costco members need to be activated separately
Costco credit card summary
COSTCO credit card does not provide card opening rewards, but in terms of consumption rewards, as long as qualified consumption is performed, you can get up to 4%of cash return rewards, or 3%or 2%of credit card rewards.Travel consumption and Costco consumption can basically cover most of the consumption occasions in life.After cumulative consumption rewards, the cardholder will get a one-time annual credit card reward settlement in the next year’s February bill, and you need to go to the Costco within the prescribed period for exchange.This is compared to other credit cards.Exchange is not flexible.Based on the limited credit card benefits provided by the Costco credit card, it can be seen that the Costco credit card is a credit card that is more suitable for buying gasoline and is a Costco loyal customer.
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