Costco has boosted cashback rewards on gas for holders of its branded credit card, lifting the rate to 5 percent at its own pumps. The upgrade applies to gas purchased at Costco locations using the Costco Anywhere Visa Card, issued by Citi, up from the previous 4 percent reward. Gas purchased at non-Costco stations — along with eligible electric-vehicle charging — continues to earn 4 percent cash back. Spending on Costco gas at 5 percent and other fuel at 4 percent counts toward a shared $7,000 annual cap. Neil Saunders, a retail analyst at GlobalData, said: 'The boosted gas rewards is a bid to get more people to take its credit card — which helps the company’s profits.

Source: Daily Mail January 18, 2026 18:19 UTC