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If you're a frequent Costco shopper, the Costco Anywhere Visa® Card by Citi is something to have in your wallet. Costco Anywhere offers cash back rewards that you can use to shop at the retail...
A number of Costco members received emails from Citi, alerting them that their credit card accounts had been closed.
Still, to truly benefit from reviewing your credit card statement, you have to know how to read it. Let’s break down a real-life credit card statement so you can better understand your own.
The bank's private-label credit card division, Citi Retail Services, issues store-issued credit cards for such companies as: American Airlines, Best Buy, ConocoPhillips, Costco, ExxonMobil, The Home Depot, Sears, Shell Oil, and Staples Inc.
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All TrueEarnings card accounts and balances held by American Express were sold to Citigroup, and new Costco Anywhere Visa cards were sent to Costco members prior to the switch date. The Costco partnership represented 8%, or $80 billion, of American Express' billed business and about 20%, or about $14 billion, of its interest-bearing credit ...
Prior to that, Costco credit cards had been issued by American Express since 2001, and Costco accepted only American Express cards for credit transactions. After the switch of its co-branded cards to Citi, Costco ceased accepting AmEx and began exclusively accepting Visa.
If you’re a Costco club member, Citi designed one of its best cash back cards just for you. Costco Anywhere offers 4% cash back on gas and EV charging, up to $7,000 annually.
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