Customers can use any Visa card to do their shopping at Costco starting from the 20th June. Costco has stopped accepting the American Express card. Previously, Costco issued the Amex True Earnings card for customers but this card will no longer be accepted by the store and it will be replaced with the Citibank Costco Anywhere Visa card instead.

You should already have received the Citibank Costco Anywhere Visa card by now since they mail the new card to the customers in between May to June.
You should be able to login into your account at Citicards.com. The replacement of the old Amex True Earnings card with the new Costco Anywhere Visa will not affect your credit score. No credit inquiry is made on your credit report so your credit score will not be affected.

Customers who don’t have the Amex True Earnings card can also apply for the new Costco Anywhere Visa card now. The annual fee is waived if you join the Costco membership
. With Costco Anywhere Visa card, you can get up to 4% cash back when you use it to purchase gas at the petrol station around the world. You can continue to earn 4% cash back until a minimum spending of $7,000 per year. If you dine in at a U.S. restaurant, you can get 3% cash back.

You will also be qualified to receive a 3% cash back when you use your Costco Anywhere Visa card to purchase air tickets, and reserve hotel rooms. If you shop at the Costco local and online store, you will get 2% cash back. The rest of the purchases you made with the Costco Anywhere Visa card will receive a 1% cash back.

If you have a Visa card that offers better rewards than the Costco Anywhere Visa card, you can use that card to do your shopping at Costco. There are lots of Visa card with even better rewards than the Costco new card such as the Chase Freedom card. Chase Freedom allows you to earn 5% cash back on your purchases at warehouse clubs such as Costco up to a minimum spending of $1,500 in purchases.
Fidelity Rewards Visa Signature also offer 2% cash back on your purchases at Costco just like the Costco Anywhere Visa card. BankAmericard Cash Rewards offers 2% cash back at Costco for up to $2,500 per quarter. BankAmericard Cash Rewards has zero annual fee and you can earn 3% cash back when you spend money on gas. NASA Federal Credit Union Rewards Visa offers 2% unlimited cash back after you have spent more than $2,000 on the card per year. There is a $20 fee to join as a member of the NASA Federal Credit Union.

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