What are the Costco Visa travel benefits? (2024)

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The Costco Credit Card travel benefits include 3% cash back rewards on travel purchases, travel insurance, roadside assistance, and various other perks. Together, these factors make the Costco Credit Card a solid choice for travel, especially domestically.

Costco Credit Card Travel Benefits

  • 3% to 4% cash back in key spending categories. You’ll get 3% cash back at restaurants and on other eligible travel expenses (airfare, hotels, car rentals, cruises, etc.). You’ll also earn 4% cash back on the first $7,000 you spend on eligible gas every year and 1% thereafter. So, both big and small travel costs get great earning rates. All other purchases earn just 1% back (or 2% at Costco itself).
  • 0% foreign transaction fee.
  • Travel accident insurance. This covers you up to $250,000 for death or dismemberment. You need to charge the cost of your fare to your Costco card.
  • Worldwide auto rental insurance. You are protected up to $50,000 against having to pay for damage resulting from theft or collision when you rent certain types of cars. To be eligible, you must pay with your Costco Credit Card and don’t buy insurance through the rental agency.
  • Roadside assistance dispatch service. Domestic coverage for dispatch services including towing, fuel delivery (up to 2 gallons), jump starts, flat tire changes (when a spare is available), and lock-out assistance (when the key is in the vehicle). You’ll be responsible for the costs of the dispatch and roadside assistance, paying a pre-negotiated price per service call.
  • Travel & emergency assistance. 24/7 assistance for emergency travel arrangements, travel issues, medical and legal referrals and more. To request help, just call (866) 918-4670 if you’re in the U.S. or (312) 356-7839 if you’re abroad.
  • Citi Entertainment. Special access to purchase tickets to thousands of events, including presale tickets and exclusive events such as concerts, sporting events, dining and many more.
  • $0 liability on unauthorized charges. You won’t be held responsible for a charge that you did not authorize.
  • Quick lock tool. If you misplaced your card, log in to your online account or use the issuer’s mobile app to block new charges, while allowing recurring transactions to continue uninterrupted.
  • Great exchange rates. Since this card is on the Visa network, you can use it anywhere in the world that credit cards are accepted. And you'll get some of the best exchange rates, too.

At the end of the day, the Costco Credit Card has a lot of travel appeal, from its great rewards to its secondary benefits.

This answer was first published on 03/26/21 and it was last updated on 03/11/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

What are the Costco Visa travel benefits? (1)

Costco Anywhere Visa® Card by Citi

Costco Anywhere Visa® Card by Citi

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Henry Aaron, Member

@rkaaron

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My wife, granddaughter, and I are planning a trip to Spain. Costco is handling plane and hotel reservations and groundtransportation at the destination. If we pay for the entire trip with a Costco Anywhere Visa cardand one of us becomes too ill to travel just before departure, precluding travel, what (if any) of the trip expenses would be covered?

This answer was first published on 12/24/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Cassidy Aldyer, Member

@cassidy_aldyer

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Sure, you should be able to. Keep in mind, it really depends on why you need to cancel. Trip cancellation insurance only covers unforeseen circ*mstances, like serious medical issues, natural disasters, legal obligations, stuff like that. If it's not a serious reason, the insurance won't kick in.

This answer was first published on 03/21/18 and it was last updated on 05/01/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

People also ask

What qualifies as a travel-related purchase for the Costco Visa card?

Transactions that qualify as travel-related purchases for the Costco Credit Card include airfare, hotel bookings, car rentals, and more.

What to know about the Costco Credit Card travel-related purchases:

  • Eligible travel-related purchases: Airfare, hotel bookings, car rentals, and cruise lines. Purchases at Costco Travel and other travel agencies also fall under the Costco Credit Card’s travel category.
  • What is not included: There are a number of transactions that are not considered eligible travel for the Costco Credit Card rewards, such...

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What does the Costco Visa travel insurance coverage include?

The Costco Credit Card travel insurance coverage includes travel accident insurance and rental car insurance, among other benefits. Using the card’s travel insurance doesn’t cost extra. To be eligible to file a travel insurance claim, you’ll need to pay for your travel using your Costco Credit Card.

Types of Costco Credit Card Travel Insurance

  • Travel accident insuranceCovers you, your spouse, your domestic partner and/or your dependents up to $250,000 per person against death or dismemberment. The coverage...

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What are the benefits of a Costco credit card?

The main benefits of a Costco Credit Card are 4% cash back on the first $7,000 spent on eligible gas purchases each year (1% back thereafter) and 3% cash back at restaurants and on eligible travel expenses. Also, Costco Credit Card users don't have to pay an annual fee on top of their yearly Costco membership dues ($60+).

Benefits of a Costco Credit Card

  • 4% cash back on the first $7,000 spent on eligible...

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Marcus Trillby, Member

@marcus_trillby

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Yep, it's covered under the Visa network.

This answer was first published on 03/06/18 and it was last updated on 04/23/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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What are the Costco Visa travel benefits? (2024)

FAQs

What are the Costco Visa travel benefits? ›

Costco Credit Card Travel Benefits. 3% to 4% cash back in key spending categories. You'll get 3% cash back at restaurants and on other eligible travel expenses (airfare, hotels, car rentals, cruises, etc.). You'll also earn 4% cash back on the first $7,000 you spend on eligible gas every year and 1% thereafter.

Does my Costco Citi credit card have travel insurance? ›

The Costco Anywhere Visa® Card by Citi also offers roadside assistance, worldwide travel accident insurance and a 24/7 concierge for travel and emergency assistance.

What percentage of Costco Travel rewards do you get? ›

Earn 3% cash back rewards on Costco Travel purchases. Additional terms and conditions apply. Ask for details.

What are Costco Citi card eligible travel purchases? ›

Travel-related purchases using the Citi Costco Anywhere Visa Card can earn 3% cash back anywhere in the world. Transactions for hotel bookings, airline tickets, cruises, or travel arranged through a travel agent or the Costco Travel portal are eligible. However, not every travel transaction earns you bonus rewards.

Does Costco Visa card cover rental car insurance? ›

When booking eligible car rentals, you'll receive free worldwide car rental insurance coverage if you use the Costco Anywhere Visa® Card by Citi. This insurance covers you for eligible accidents and theft.

Does Costco Citi Visa have trip cancellation insurance? ›

Citibank credit card travel insurance covers worldwide rental car insurance, roadside assistance, and travel & emergency assistance services. However, note that Citi only offers travel insurance for the Costco Anywhere Visa® Card by Citi and the Costco Anywhere Visa® Business Card by Citi.

Do you get Costco rewards for travel? ›

†For Executive Member purchases made directly from Costco Travel, a 2% Reward will be earned and applied after travel is completed.

Is Costco Citi card good for international travel? ›

Unlike many other cash-back credit cards, the Costco Anywhere Visa® Card by Citi charges no extra fee on purchases abroad. If you travel internationally, you'll continue earning rewards without facing a 3% penalty on every purchase you make.

Is Costco Citi Visa card worth it? ›

Bottom Line The Costco Credit Card is worth it for Costco members with excellent credit, especially those who spend a lot of money on gas, travel and dining. It offers substantial rewards in those categories, in addition to Costco purchases, and has a $0 annual fee.

Is Costco Citi visa hard to get? ›

It is quite difficult to get the card_name since you'll need an excellent credit score (750+) to increase your approval odds. In addition to excellent credit, there are Costco Citi Card requirements that influence your chances: You must be a current Costco member to apply.

Can I deposit my Costco rewards into my bank account? ›

And an even nicer development from 2+ years ago when you had to physically bring the mailed redemption check to get the cash. Nice that the Costco Citi-card reward is now redeemable by direct deposit to your bank account. OPINIONS. I was able to do direct deposit on Citi mobile app.

Do Costco executive members get 2% back on travel? ›

An Executive Membership is an additional $60 upgrade fee a year and includes an annual 2% Reward (up to $1,000) on qualified Costco. Costco.com, and Costco Travel purchases. Each membership includes one free Household Card. May be subject to sales tax.

What is 2% annual reward up to $1000 on eligible Costco and Costco Travel purchases? ›

Costco Executive Members receive a 2% Reward on qualified purchases (see calculation of 2% Reward below). Reward is capped at and will not exceed $1,000 for any 12-month period. Only purchases made by the Primary and active Primary Household Cardholder on the account will apply toward the Reward.

Can Costco Gold members use Costco Travel? ›

Yes, you must have a Costco membership to use Costco Travel. There are two levels of Costco memberships, and either one will work. Gold Star membership costs $60 per year, while an Executive membership costs $120 per year.

Do you get 2% back on Costco Travel? ›

For Executive Member purchases made directly from Costco Travel, a 2% Reward will be earned and applied after travel is completed.

Is Costco visa good for international travel? ›

Unlike many other cash-back credit cards, the Costco Anywhere Visa® Card by Citi charges no extra fee on purchases abroad. If you travel internationally, you'll continue earning rewards without facing a 3% penalty on every purchase you make.

Can Costco rewards be used for Costco Travel? ›

Can I use my Costco Executive Membership Rewards to pay for travel? No. Costco Executive Membership 2% Rewards certificates can only be used for purchases at Costco warehouses. However, if you'd like to purchase travel, you can take your 2% Rewards certificate to the warehouse and use it to buy a Costco Shop Card.

Is Costco Travel considered a travel agent? ›

No. In order to ensure the best products and values, Costco Travel only sells select destinations and packages. Our buyers have worked hard to negotiate special Costco rates and extra amenities so that we can we offer top quality travel packages.

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