Review of the Costco Anywhere Visa® credit card
See all about the Costco Anywhere Visa credit card. We'll walk you through the pros and cons of applying for this card, so you can make an informed decision whether you want it!
Find out why the Costco Anywhere Visa credit card might be a great choice for you.
If you want to discover a credit card option that can give you exclusive perks for shopping at specific stores, let us tell you an honest and candid opinion about the Costco Anywhere Visa credit card.
After all, you should know that a good credit card is one that offers you advantages just for doing what you are used to. Make purchases on a daily basis using this payment method, which is one of the most accepted worldwide.
For this reason, at the end of this article, you will be able to find out if the Costco Anywhere Visa credit card is a good option and will meet your needs at the moment. Because we will tell you all the advantages and disadvantages of acquiring this card. Here we will give you an honest opinion about this card!
Costco Anywhere Visa Credit Card Benefits
First of all, it is important to know that this card is an excellent choice, as it offers Cashback on regular purchases. This means that, when making purchases for your home, for your car or even having health expenses, you will have a part of the value back in your bank account as a balance.
And the advantages don’t stop there, as this card will help you save on your travel purchases and even day-to-day purchases. As well as expenses, gas taxes and meals. Another great advantage that we can highlight is that the card does not charge any annual fee. This means that you pay absolutely nothing to start earning the rewards, discounts and Cashback offered.
And finally, if you’re wondering if this card is only available for use at Costco stores, you’d be wrong. Because there is the possibility of using that credit card as a payment method anywhere else. That is, this is an open-use card and, in addition, you will also have advantages such as Cashback and other purchases in addition to the categories mentioned above.
720 – 850
N/A Earn Rate Up to 4% cashback on eligible purchases.
What are the requirements?
This is a credit card that has some requirements to be provided to users. In this way, you should consider that the card is a good option for those who make recurring purchases at costco stores.
However, to do so, you need to pay for an in-store membership, which starts at 60 USD. So if you already have this active Membership, you won’t have to worry about anything else, as your card may already be available for you to save each year.
In addition, one of the requirements is that you are 18 years of age or older. Finally, proof of income may be required. It is worth remembering that, as this card offers additional advantages over other competitors, proof of income must be slightly higher than normal.
And a credit check will also be done. That’s why it’s important that you have a positive credit score to get your application approved.
Costco Anywhere Visa Credit Card Disadvantages
As we say that we are here to provide a sincere and honest review of this credit card, it is important to know that there are some disadvantages to choosing this option. The first being the fact that the card does not offer any sign-up bonuses like some other financial institutions do. Also, one of the requirements is that you have an active membership with Costco, which comes at a considerable cost.
And finally, the disadvantage that may weigh more on the consumer’s decision is the fact that the rewards can only be redeemed once a year, which makes it a little more complicated to enjoy the benefits because you will need to wait for the 12-month period. to request redemption of your rewards during the credit card usage period.
How to apply for your card
If you want to learn right now how to apply for your credit card, just click on the button below and you will be redirected to the appropriate page.
About the author / Beatriz Martinez
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