Does Venmo credit card think Costco gas is grocery?

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Costco in the late 1990’s promised their loyal customers to provide high-quality gas. To abide by their word Costco introduced high-quality gas services at cheaper prices in the mid 1990’s for their Costco membership enrolled customers. Meanwhile, Venmo credit cards have been making a buzz in the market with their attractive cashback rewards programs, hence many customers question “Does Venmo credit card think Costco gas is grocery? “

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Does Venmo credit card think Costco gas is grocery?

Costco is divided into groceries, gas, travel, etc. Hence on the statement Venmo credit cards don’t specifically consider Costco as a whole grocery store but only Costco groceries will be punched as groceries on your Venmo credit card statement.

Venmo Visa Credit card has a unique Cashback reward system. It rewards 3% cashback on top spending with groceries and gas as their eligible categories. So irrespective of what your Venmo credit cards consider “Does Venmo credit cards consider Costco a grocery store?”, if your top spend category is into gas and groceries, Venmo will reward you with 3% cashback anywhere (including Costco and Walmart).

How Does Venmo Credit Card Work?

Venmo business has a unique rewarding system which created hype in the market. They have minimal category systems which allows their customers to have a wide range of eligible categories to get cashback rewards.

Venmo Credit Card Offers
Unique Cashback system – “Earn 3% cash back on your highest spending categories, 2% on the next tier, and 1% on everything else
Zero Annual Fee
APR-Between 20.24% -29.24%
You can convert your cashback rewards into cryptocurrencies
The cashback rewards could be used to pay your Venmo credit card bill
N/A-Balance Transfers and Welcome bonus.
Eligible Spending Categories List here–

Venmo Credit Card Offers

Does Costco accept Venmo?

Yes, Costco accepts Venmo Visa Credit cards.

As of 2024, Costco has a tie-up with CitiBank for their credit card supply and operations. Hence following this deal, Costco only accepts any Visa credit cards on their purchases in Warehouse stores and Costco gas stations.

What other alternative to Venmo credit cards does Costco accept?

Does Costco accept Visa credit cards?

Costco only accepts Visa Credit cards at their Warehouse stores and Costco Gas stations. The only credit cards accepted at Costco stores and gas are from Visa.