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Costco Visa card in Canada: can Canadians get the Citi card, and what to use at U.S. Costcos instead
The Costco Visa card is the Costco Anywhere Visa Card by Citi, a U.S. card with no Canadian version; its rewards can only be redeemed at U.S. Costco warehouses. Canadians get the CIBC Costco Mastercard instead, which U.S. Costcos also accept, but it charges a 2.5% foreign transaction fee there.
By Cost Check Editorial · Last reviewed Oct 4, 2026 · 3 min read
The Costco Visa card people search for is the Costco Anywhere Visa Card by Citi, a U.S. card: Citi markets it to American members, and there's no Canadian version. Its rewards can only be spent at U.S. Costco warehouses. Canadians get the CIBC Costco Mastercard, which Canadian warehouses require (they don't take Visa) and U.S. Costcos also accept, but it charges a 2.5% foreign transaction fee on U.S. purchases. For regular shopping at U.S. Costcos, a Canadian Visa with no foreign transaction fee usually beats both. Compare Canadian options on our best cards for Costco page.
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What the Canadian Costco card earns you
Enter your monthly spending to see the CIBC Costco Mastercard’s yearly cash back in Canada, caps included.
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Sample dataEstimated cash back per year
$258.00
Rates are CIBC’s published rates and are editable, as is the spending. Includes CIBC’s yearly category caps (spending above a cap earns 1%); there’s no limit on total cash back. Check current terms before you apply.
What is the Costco Visa card?
The Costco Anywhere Visa Card by Citi, from Citi's U.S. card page, checked October 4, 2026:
| Feature | Costco Anywhere Visa by Citi (U.S.) |
|---|---|
| Costco gas | 5% |
| Other gas and EV charging | 4% (5% and 4% on a combined US$7,000 a year, then 1%) |
| Restaurants and travel, including Costco Travel | 3% |
| Costco and Costco.com | 2% |
| Everything else | 1% |
| Annual fee | None with an active Costco membership |
| Foreign transaction fee | None |
| Rewards paid as | A yearly certificate after the February statement, redeemable for cash or merchandise at U.S. Costco warehouses by December 31 |
Can Canadians get the Costco Visa card?
Not as a Canadian product: Citi offers it in the U.S., and Costco's card in Canada is the CIBC Costco Mastercard. Even setting eligibility aside, it would be awkward for most Canadians, because the reward certificate can only be redeemed at U.S. warehouses and expires on December 31. See who issues Costco's card in Canada.
How does the Citi Visa compare with the CIBC Costco Mastercard?
| Costco Anywhere Visa (Citi, U.S.) | CIBC Costco Mastercard (Canada) | |
|---|---|---|
| Costco gas | 5% | 3% |
| Other gas | 4% | 2% |
| Gas cap | US$7,000 a year, combined | $5,000 a year, combined |
| Restaurants | 3% | 3% |
| Costco warehouse | 2% | 1% |
| Foreign transaction fee | None | 2.5% |
| Rewards redeemed | U.S. warehouses, by December 31 | Canadian warehouses, no expiry |
The Citi card is richer on paper, especially in the warehouse (2% against 1%), but it's built for Americans; the CIBC card is the one that works for Canadian members.
What card should Canadians use at a U.S. Costco?
U.S. Costco warehouses and gas stations take Visa, debit and Shop Cards, and the only Mastercard they list is the CIBC Costco Mastercard, so other Canadian Mastercards won't work. Your choices:
- The CIBC Costco Mastercard: accepted, but its 2.5% foreign transaction fee outweighs its 1% warehouse cash back, so you lose about 1.5% on every U.S. purchase.
- A Canadian Visa with no foreign transaction fee: accepted at U.S. Costcos and avoids the 2.5%; the better choice for snowbirds and regular cross-border shoppers.
- Debit: accepted, but check your bank's currency conversion fees.
Details are in our guide to paying at a U.S. Costco.
Can you use Visa at a Costco in Canada?
Not in the warehouse or at the gas station: Canadian Costcos take Mastercard, debit and cash. Visa works on Costco.ca and at Costco Travel. That's why the Canadian Costco card is a Mastercard; see does Costco take Visa in Canada.
Frequently asked questions
- Is there a Costco Visa card in Canada?
- No. The Costco Anywhere Visa by Citi is a U.S. card; in Canada, Costco's card is the CIBC Costco Mastercard.
- Can I use my CIBC Costco Mastercard at a U.S. Costco?
- Yes. It's the only Mastercard U.S. Costcos list, but it charges a 2.5% foreign transaction fee on U.S. purchases.
- What's the best card for Canadians at a U.S. Costco?
- Usually a Canadian Visa with no foreign transaction fee: U.S. Costcos take Visa, and you avoid the 2.5% fee the CIBC card charges.
- Where can you redeem Costco Citi Visa rewards?
- Only at U.S. Costco warehouses (including Puerto Rico), in a single transaction, by December 31 of the year it's issued.
- Does Costco Canada accept Visa?
- No, not in warehouses or gas stations. Visa works on Costco.ca and at Costco Travel.
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