Costco Made A Big Credit Card Change Members Will Love [Yahoo! Finance]
NerdWallet, Inc. (NRDS)
Company Research
Source: Yahoo! Finance
purchased at Costco stations to 5%. The old 4% rate still applies to gas and EV charging elsewhere. Costco quietly increased the cashback rate in January 2025, as noted by NerdWallet on January 19. Both Citi co-branded Costco cards (Costco Anywhere Visa and Costco Anywhere Visa Business) got the upgrade. That said, the reason Costco's credit card upgrade is getting more attention in early 2026 may be tied to the imminent arrival of the cash rewards. Also, last year's change may have gone largely unnoticed, especially as Costco didn't run ad campaigns around the new perk. Importantly, the cashback credit isn't available to users immediately. Instead, Costco Cash Rewards from Citi are issued as part of the February credit card billing statement. Rewards of $300 or more are eligible for direct deposit, while those under $300 must be redeemed in Costco stores for merchandise, cash, or check. Put differently, Costco members who have been pumping gas at Costco since mid-January 2025 will
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NRDS
Earnings
- 11/6/25 - Beat
NRDS
Sec Filings
- 1/21/26 - Form SCHEDULE
- 12/23/25 - Form 4/A
- 12/23/25 - Form 4/A
- NRDS's page on the SEC website