Did you know you can get a rebate in the form of bonus miles, points, or cash back that can put money back in your wallet—every time you shop?

costco credit card machineCourtesy Million Mile Secrets

If there’s anything we love more than Costco, it’s getting an even better deal at Costco.  You probably already know about Costco’s low prices, sales, and membership perks.  But did you know you can get a rebate in the form of bonus miles, points, or cash back that can put money back in your wallet—every time you shop?

The best card to use at Costco is the newest Visa card you opened. For example, if you recently got a new card and are working to meet minimum spending requirements, use that card until you earn the sign-up bonus.

Earning lucrative new cardmember sign-up bonuses is the quickest and easiest way to the best return for your spending, no matter what you’re buying. Keep in mind, Costco only accepts Visa cards in-store.  For online purchases, you can also use MasterCard or Discover credit cards, but NOT cards issued by American Express. And when you’re not working toward minimum spending on a new card, here are 6 excellent cards to use at Costco to earn more rewards. 

US Bank Altitude Reserve

US Bank Cardvia mycard.usbank.com

With the US Bank Altitude Reserve card, you can earn 50,000 Altitude Reserve points after spending $4,500 on qualifying purchases within 90 days of account opening.

And you’ll earn:

  • 3X points per $1 on travel purchases
  • 3X points per $1 on mobile wallet purchases (like Apple Pay or Samsung Pay)
  • 1X points on all other purchases

There’s a $400 annual fee with this card, but you’ll get a slew of other perks, including:

  • $325 in travel credit every cardmember year
  • Complimentary membership to Priority Pass Select airport lounges, with 4 free entries per year for you and 1 guest
  • 12 free Gogo in-flight Wi-Fi passes per calendar year
  • Global Entry or TSA PreCheck fee credit of up to $100, available every 4 years

Costco recently added mobile payments at all of their stores. So you can pay with your phone and earn 3 Altitude Reserve points per $1 spent at Costco. Each point you earn is worth 1.5 cents toward travel. So this amounts to 4.5% back (1.5 X 3) when you shop at Costco—and anywhere else that accepts mobile payments. That’s an outstanding return on already good deals! And you can book with any travel provider you like. You do NOT have to book through US Bank to use your points. The annual fee is steep, but I find this card is a keeper—especially now that Costco purchases count for 3X!

Apply Here: US Bank Altitude™ Reserve Visa Infinite® Card

Read our review of the US Bank Altitude Reserve

Chase Freedom

Chase Freedom cardvia creditcards.chase.com

When you open the Chase Freedom card, you’ll earn a $150 cash bonus (15,000 Chase Ultimate Rewards points) after spending $500 on purchases within the first 3 months of account opening. And you’ll earn 5% cash back (5X Chase Ultimate Rewards points per $1) on up to $1,500 in combined purchases in categories which rotate each quarter when you activate the bonus.

This quarter, October 1 through December 31, 2018, you can earn 5X Chase Ultimate Rewards points at department stores and wholesale clubs, including Costco! Past quarters have included grocery stores, mobile payments, and other popular shopping categories.  This is an incredible return on regular spending from a card with no annual fee! I’ve already treated myself to a new flannel for a chilly fall, and, of course, a $5 rotisserie chicken. These are the items you aren’t buying from Costco but should be.

Apply Here: Chase Freedom®

Read our review of the Chase Freedom

The information for the Chase Freedom has been collected independently by Million Mile Secrets. The card details on this page have not been reviewed or provided by the card issuer.