Costco Business Card earning rate

The Costco Visa Business Card earns Costco Rewards at the following rates:

  • 5% back on gas at Costco.
  • 4% back on other eligible gas and electric vehicle (EV) charging.
  • 3% back at restaurants and on travel, including Costco Travel.
  • 2% back in-store and online with Costco.
  • 1% back on all other purchases.

Earnings from purchases made towards gas (including Costco Gas) and ev charging is up to a combined $7,000 per calendar year. After that cap is hit, you will earn at the rate of 1% for the remainder of the calendar year.

Do note that the 4% earnings made from other eligible gas station purchases excludes other warehouse club gas stations.

Costco Business Card rewards value

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Costco Business Card fees

Annual Fee

The Costco Visa Business Card does not have an annual fee, but it does require Costco membership.

Foreign Transaction Fee

The Costco Visa Business Card has no foreign transaction fees. This means you can use it to earn rewards spending outside of the United States and will not be penalized.