The Costco Wherever Visa® Card by Citi is making a change to its rewards construction and getting a bodily makeover as nicely. Right here’s what new and current cardholders can count on:

Tweak to gasoline rewards

Beginning Jan. 19, 2025, the Costco Wherever Visa® Card by Citi — together with its small-business counterpart, the Costco Wherever Visa® Enterprise by Citi — will earn 5% money again on gasoline purchases made at Costco. Beforehand, cardholders earned 4% money again at Costco pumps.

Observe that every one different non-Costco gasoline purchases and EV charging purchases will proceed to earn 4% money again (with a mixed yearly spending cap of $7,000 within the 5% and 4% gasoline classes), then 1% again.

Tweaks to bodily card

Together with this replace to rewards, the Costco Wherever Visa® Card by Citi is ditching its earlier grey search for a brand new black card design.

Aside from these modifications, all different card advantages and rewards stay the identical. Along with what the cardboard will earn on gasoline and at EV stations, it additionally presents the next ongoing rewards:

3% money again at eating places and on most journey purchases.

2% money again at Costco and Costco.com.

1% money again on all different purchases.

The annual charge for the Costco Wherever Visa® Card by Citi stays $0, however it’s a must to be a Costco member to get it. A baseline Gold Star membership prices $65 per yr, whereas the higher-tier Government membership is $130 per yr.

Info associated to the Costco Wherever Visa® Enterprise by Citi has been collected by NerdWallet and has not been reviewed or offered by the issuer or supplier of this card.

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