How To Activate Costco Credit Card: Citibank offers a credit card with cash back called the Costco Anywhere card. For those looking for a business-oriented version of the card, Citi offers the Costco Anywhere Visa® Business Card.
Although there is no annual cost, cardholders must be current Costco members in order to apply. Costco’s entry-level membership is $60 a year. To get advantages and claim rewards, cardholders must keep their Costco membership active and in good standing.
You can use your Costco Anywhere card in place of your membership card once you receive it, eliminating the need for you to carry around two cards when you shop.
The Costco Anywhere Visa® Card by Citi is designed for customers who shop at the warehouse shops and want to get the most out of their purchases because of its dynamic rewards system and the requirement that you be a Costco member in order to use the card’s rewards. However, it’s vital to remember that not just gas at Costco qualifies for the card’s 4% back category on gas and EV charging stations; all qualifying gas stations globally do.
A few prominent outliers exist. For instance, the card’s fine print specifies that users would only receive 1% back on “gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco or for fuel used for non-automobile purposes.”
Benefits
Cashback bonuses
Costco shopping might be more satisfying. A Costco Anywhere Visa® Card by Citi allows Costco members to get cash back incentives.
On eligible transactions, qualified cardmembers can anticipate the following:
• For the first $7,000 per year, 4% on qualified petrol and EV charging, and then 1% after that
• 3% off meals and qualifying journeys
• 2% off on all additional Costco and Costco.com purchases
• 1% off everything else
No yearly charge
There is no yearly cost for the card if you have a paid Costco membership.View the price list and details. Visit the warehouse to choose your favourite products, sample the offerings, and receive cash back incentives on qualifying purchases.
Membership Advantages
Your membership card, along with your photo and membership number, is also a Costco Anywhere Visa® Card. Use the card to check out at the register after showing it at the warehouse entry.
Absence of foreign exchange fees
With your Costco Anywhere Visa® Card, go on an adventure to Japan, Bora Bora, and beyond. Wherever Visa® is accepted, there are no foreign transaction fees applied to purchases.
Business owner Benefits
Purchasing business goods at Costco? Owners of businesses can apply for the Costco Anywhere Visa® Business Card to receive cash back benefits on all of their purchases, including printer ink and sticky notes. In addition, you can add staff members as authorised users.
Registration Process
The registration step is crucial before your card is activated. You may access user-friendly services like CIBC Costco MasterCard Credit Card online and mobile banking by registering or signing up.
- Visit the website CIBC.com or download the CIBC mobile app, “CIBC Mobile Banking App.”
- Please look for the registration option and click the landing page.
- Next, select “continue with registration” from the “New to CIBC” menu.
- Give all information requested, including the expiration month, year, CVV, and card number, and then submit.
- Following the completion of all fields, CIBC verifies and registers your card.
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How To Activate Costco Credit Card?
App-based Activation
- You can use the website or the app for activation, just like you can for registration.
- To activate your card if you’re using online banking, go to the My Accounts area. If you’re using mobile banking, select the “Activate Card option” from the app’s main menu.
- It’s a good idea to disable the old card before or after activation because the pre-authorized payment will continue even after you register the new card.
- Correct any locations and businesses where the older card was previously used with the information from your new card.
Phone Activation
You can activate your account by dialling 1-(855)-378-6467. The activation process will start in a few hours after you give the official on call all the necessary information.
Website Activation
Locate the activation page by logging into your Citibank account (or opening one if you don’t already have one). Enter your card number and the last four digits of your Social Security number, as well as any other necessary security information. As directed, activate your Costco credit card.
Costco Credit Card Login
To get to your account, adhere to these instructions:
- Visit the Costco Credit Card official website.
- Press the Sign-On button to log in.
- Complete the User ID and Password fields.
- After clicking the Sign On button, you’re done!
How To Retrieve Your Account?
Follow the instructions below to change your password if you unlucky enough to forget it:
- Visit the Costco Credit Card’s official website.
- Press the Sign-On button to log in.
- Select Forgot Password from the login section.
- Type in the necessary information, including your account number, security code, and card number.
- Your identification will be confirmed by Citi Bank.
- You can modify your password following the confirmation of your identification.
User ID Recovery
Follow the steps provided to recover your User ID if you forget it:
- Visit the Costco Credit Card’s official website.
- Press the Sign-On button to log in.
- Select Forgot User ID from the login section.
- Type in the necessary information, including your account number, security code, and card number.
- Your identification will be confirmed by Citi Bank.
- Your User ID will be provided once your identification has been verified.
How to Pay Costco Online with a Credit Card?
Payments made online are quick and simple. Below is information on how to pay with a Costco credit card online:
- Register for a Citi credit card on the internet.
- To create your Costco credit card login, click “Register Now”.
- To finish account setup, enter your card number and follow the on-screen directions.
- After logging in and setting up your account, go to the “Account Details” tab and click “Make a Payment.”
- Indicate the amount you wish to pay as well as the date on which you wish to schedule the payment.
- You should select “Add a New Payment Account.” By providing the details for your checking account and your bank’s routing number, create a payment account.
- Please press “Submit.”Keep in mind that the money won’t be taken out of your bank account for a day or two.
How to Use a Phone to Pay with a Costco Citi Credit Card?
Call 855-378-6467 to pay your Costco Citi credit card statement over the phone. If you choose to use the automated pay-by-phone option, you may be asked for your credit card information. To schedule the Costco Citi card payment, you will also need your bank’s routing information and checking account number.
How to Use a Costco Credit Card to Make a Mail-In Payment?
A payment voucher that you can use to mail your payment is included at the bottom of your monthly statement. The coupon includes the payment address for your convenience. Write the number of your Costco credit card on your cheque to help ensure that your payment is recognised accurately.
Mail your payment to
Costco Anywhere Visa Card Payments
PO Box 78019
Phoenix, AZ 85062-8019
Additional Payment Details
You have 25 days starting on the date of your statement to pay your bill. To avoid interest fees, make a full payment on your new balance. After the 25-day grace period, late fees will be applied to payments: Citi may increase the usual cost from $27 to $37 if you have had more than one late payment within the previous six billing cycles.
In contrast to mailed payments, which may take up to 10 days to arrive, online and phone payments are immediately applied to your account. Your best option for making a timely payment if you’re approaching your payment due date is to pay online or over the phone.
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Costco Worldwide Visa Card Rewards
A tiered rewards programme for frequent commuters, travellers, and foodies is available to cardholders. These are the benefits you receive:
- For the first $7,000 in annual qualified petrol and EV charging expenditures, receive 4% cash back; beyond that, receive 1%.
- 3% cashback on dining establishments and qualified travel expenditures
- 2% cash back on all other Costco and Costco.com purchases
- All other purchases earn 1% cash back.
How to Redeem Costco Credit Card Rewards?
The Costco credit card rewards programme may come with a nasty surprise if you don’t read the small print. After your February billing statement ends, you will receive an annual reward certificate with the cash back you have earned. When compared to other reward credit cards, which often give cash back, points, or miles at the end of each billing cycle, this is extremely different.
You must have accrued more than $1 in rewards in a single calendar year to be eligible for a reward certificate, and your account must still be open when the certificate is granted in February. If you don’t live close to a Costco and choose to shop on Costco.com instead, redeeming the reward card requires you to go to a U.S. Costco warehouse, which could be a nuisance. There are just two possible rewards: Costco-branded goods or cash. There isn’t a way to exchange it for travel or a statement credit.
Customer Service Hours
If you have any questions or issues with the Costco Credit Card, call them at 1-877-807-6239. Their 24/7 availability is claimed.
Frequently Asked Questions
Can I get my this card’s monthly statements?
Yes, both the official CIBC website and the CIBC Mobile Banking App keep a comprehensive transaction history and monthly statements. A user can access a wealth of information by logging in with their CIBC Costco MasterCard on the app or website.
How may a person apply for the World MasterCard?
The CIBC Costco World MasterCard is available to anyone who keeps a steady bank balance of at least $60,000 and pays their bills on time each month.
Is there a credit card with a Visa option?
MasterCard is the only company that issues the CIBC Costco card. There is no Visa form of the card, therefore users should be on the lookout for anyone attempting to sell them one.
If I have several Capital One Costco cards, what should I do?
Costco and CIBC have made sure that all Capital One cards for their current clients are combined into a single CIBC card to make things simpler for cardholders. Additionally, the Capital One card won’t be superfluous and may still be used by anyone without being tied to Costco.
Is Getting a Costco Credit Card Good?
The simple answer to this question is that it depends on your specific situation. A Costco credit card can be a terrific tool for some people to accrue rewards and reduce their interest costs. Others could decide it’s not worth it. You must ultimately determine if a Costco credit card is the best option for you.
