Transactions that qualify as gas purchases for the Costco Credit Card include those made at Costco and at almost all other gas stations. EV charging purchases are also eligible for the 4% cash back bonus. However, fuel used for non-automobile purposes as well as gas charges at supermarkets, superstores, and warehouse clubs other than Costco do not qualify as gas purchases.
Eligible gas stations include any facilities that assign a merchant category code (MCC) for gas and EV charging stations to its fuel purchases. Costco Credit Card cardholders will get 4% cash back on all eligible purchases up to $7,000 spent each year, and 1% cash back afterwards. Non-qualifying purchases earn 1% cash back, as well.
This answer was last updated on 04/12/24 and it was first published on 09/21/20. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
