Capital One Venture Rewards Credit Card vs Costco Anywhere Visa Card by Citi
Annual fees: Capital One Venture Rewards Credit Card $95/yr, Costco Anywhere Visa Card by Citi $0/yr. Strongest bonus categories: Capital One Venture Rewards Credit Card on hotels, Costco Anywhere Visa Card by Citi on gas stations.
Card data as of October 11, 2026.
Capital One Venture Rewards Credit CardCapital One · $95/yr
Costco Anywhere Visa Card by CitiCiti · No annual fee
Overview
- Annual fee
- Capital One Venture Rewards Credit Card$95Costco Anywhere Visa Card by Citi$0Lowest
- Welcome offerCurrent public offer
- Capital One Venture Rewards Credit Card75,000 milesCostco Anywhere Visa Card by Citi—
- Rewards
- Capital One Venture Rewards Credit CardCapital One MilesCostco Anywhere Visa Card by CitiCash back
- Foreign transaction fee
- Capital One Venture Rewards Credit CardNoneCostco Anywhere Visa Card by CitiNone
- Network
- Capital One Venture Rewards Credit CardMastercard World EliteCostco Anywhere Visa Card by CitiVisa
Earn ratesPer $1 spent · points and cash back aren’t ranked against each other
- Gas Stations
- Capital One Venture Rewards Credit Card2xCostco Anywhere Visa Card by Citi4%
- Dining
- Capital One Venture Rewards Credit Card2xCostco Anywhere Visa Card by Citi3%
- Travel
- Capital One Venture Rewards Credit Card2xCostco Anywhere Visa Card by Citi3%
- Everything else
- Capital One Venture Rewards Credit Card2xCostco Anywhere Visa Card by Citi1%
Statement creditsAs the issuer states them · — means none on record
- Travel
- Capital One Venture Rewards Credit Card
- $300 Stays Credit (1st Year) · $300 one-time
- $120 Global Entry/TSA PreCheck · $120 every 4 years
Costco Anywhere Visa Card by Citi—
Perks & access— means none on record
- Lounges
- Capital One Venture Rewards Credit Card
- Capital One Lounge access at $45/visit
Costco Anywhere Visa Card by Citi— - Hotel status & programs
- Capital One Venture Rewards Credit Card
- $50 Lifestyle Collection
Costco Anywhere Visa Card by Citi— - Car rental
- Capital One Venture Rewards Credit Card
- Free Hertz Five Star Elite Status with Premium Benefits
Costco Anywhere Visa Card by Citi— - Other perks
- Capital One Venture Rewards Credit Card
- Get 50% Off All Handcrafted Beverages at Capital One Cafes
- Exclusive Capital One Dining Access to Popular Restaurants
- Exclusive Capital One Entertainment Access with VIP Packages
- Zero Foreign Transaction Fees on All International Purchases
- Around the Clock 24 Hour Travel Help
Costco Anywhere Visa Card by Citi- No foreign transaction fees
- Citi Entertainment®
- Roadside assistance dispatch service
Protections & insuranceLimits where published · — means none on record
- Trip insurance
- Capital One Venture Rewards Credit Card
- Travel Accident Cover at No Extra Charge
Costco Anywhere Visa Card by Citi— - Rental car
- Capital One Venture Rewards Credit Card
- Secondary Auto Rental Collision Damage Waiver for Rental
Costco Anywhere Visa Card by Citi- Worldwide car rental insurance
- Purchase & returns
- Capital One Venture Rewards Credit Card
- Automatic Price Drop Cover and Price Match Guarantee
- Purchase Security up to $10,000 per claim
Costco Anywhere Visa Card by Citi- Zero Liability on unauthorized charges
- Extended warranty
- Capital One Venture Rewards Credit Card
- Extended Warranty Protection up to $10,000 per claim
Costco Anywhere Visa Card by Citi— - Other protections
- Capital One Venture Rewards Credit Card
- Credit monitoring
- Card Replacement and Cash Advance When Traveling Abroad
- Zero Dollar Fraud Liability Cover on All Unauthorized
Costco Anywhere Visa Card by Citi- Free FICO® Score updated monthly
- 24/7 travel and emergency assistance
- 24/7 lost/stolen card assistance worldwide
Pros & cons
- Pros
- Capital One Venture Rewards Credit Card
- Unlimited 2X miles on every purchase with no category tracking required
- 5X miles on hotels, vacation rentals, and rental cars booked through Capital One Travel
- One-time $300 stays credit for hotels and vacation rentals in the first year
- 75,000 mile welcome bonus after $4,000 spend in 3 months
- TSA PreCheck or Global Entry credit ($120 value every 4 years)
Costco Anywhere Visa Card by Citi- No card annual fee (membership required separately)
- 4% cash back on gas (up to $7K annual spend)
- 3% cash back on restaurants and travel
- 2% cash back at Costco warehouse and Costco.com
- 1% on all other purchases
- Cons
- Capital One Venture Rewards Credit Card
- $95 annual fee (only partly offset by the one-time first-year stays credit)
- No lounge access or premium travel perks like Venture X
- 5X earning requires booking through Capital One Travel portal
- 2X flat rate beaten by category-specific cards in dining, groceries, etc.
Costco Anywhere Visa Card by Citi- Requires Costco membership ($65/year Gold Star minimum)
- 4% gas rate capped at $7K/year ($280 max annual gas rewards)
- 1% fallback after gas cap is spent
- No premium travel benefits or insurance
- Limited to Visa network (some merchants may not accept)
Category-by-Category Winner
The Capital One Venture Rewards Credit Card wins in 4 of 6 categories. The Costco Anywhere Visa Card by Citi leads in 2. 1 more category depend on booking channel or caps.
Hotels
Capital One Venture Rewards Credit Card earns 5X vs 1X
5X via issuer travel portal
Car Rentals
Capital One Venture Rewards Credit Card earns 5X vs 1X
5X via issuer travel portal
Vacation Rentals
Capital One Venture Rewards Credit Card earns 5X vs 1X
5X via issuer travel portal
Gas Stations
Depends: up to $7,000/yr
Costco Anywhere Visa Card by Citi earns 4X when conditions are met; Capital One Venture Rewards Credit Card earns 2X (2X without restrictions)
Dining
Costco Anywhere Visa Card by Citi earns 3X vs 2X
Travel
Costco Anywhere Visa Card by Citi earns 3X vs 2X
Everyday purchases
Capital One Venture Rewards Credit Card earns 2X on all other spending vs 1X
Year One vs Ongoing Value
Modeled net value (bonus categories at unconditional rates, caps applied). Spend mix: dining 15%, groceries 15%, gas 10%, travel 10%, everything else 50%. Statement credits use the same recurring usable estimates as each card's detail page; first-year-only credits count in year one only. Welcome offers valued at each card's program rate shown on this page.
Both scenarios favor the Capital One Venture Rewards Credit Card on net value (rewards, usable credits, fees, and welcome offer).
| Scenario | Capital One Venture Rewards Credit Card | Costco Anywhere Visa Card by Citi | Ongoing winner | Year-one winner |
|---|---|---|---|---|
| Light spender: $1,000/month | Rewards: $312 Credits (our usable estimate): $30 − Annual fee ($95) Ongoing: $247 Year one: $1,402 | Rewards: $180 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $180 Year one: $180 | Capital One Venture Rewards Credit Card | Capital One Venture Rewards Credit Card |
| Heavy spender: $4,000/month | Rewards: $1,248 Credits (our usable estimate): $30 − Annual fee ($95) Ongoing: $1,183 Year one: $2,338 | Rewards: $720 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $720 Year one: $720 | Capital One Venture Rewards Credit Card | Capital One Venture Rewards Credit Card |
Is the Fee Difference Worth It?
The Capital One Venture Rewards Credit Card costs $95/yr — that's $95 more than the Costco Anywhere Visa Card by Citi (no annual fee). To justify that gap, you need to extract at least $95 in annual value from the card's higher earn rates and benefits.
The Capital One Venture Rewards Credit Card includes travel credits, Global Entry/TSA PreCheck credit. Those perks are not included in the earn-rate scenario table above — compare their dollar value to the $95 fee gap for your own usage.
Bottom line: Use the year-one vs ongoing table for modeled earn value at your spend level. The $95 fee gap means the Capital One Venture Rewards Credit Card needs roughly $95 more in annual rewards (or credits you will use) to break even on hotels and car rentals and everyday spend.
What You Give Up
Choosing one card means missing out on these benefits from the other.
Choosing Costco Anywhere Visa Card by Citi means losing:
- -Global Entry credit
Which Card Is Right for You?
Get the Capital One Venture Rewards Credit Card if you:
- +Prefer a high flat rate across all spending
Get the Costco Anywhere Visa Card by Citi if you:
- +Spend $300+/month on restaurants and dining out
The Bottom Line
Both scenarios favor the Capital One Venture Rewards Credit Card on net value (rewards, usable credits, fees, and welcome offer).
Everyday (non-bonus) spend earns 2X on the Capital One Venture Rewards Credit Card vs 1X on the other card.
Published annual fees: Capital One Venture Rewards Credit Card $95/yr, Costco Anywhere Visa Card by Citi $0/yr — a $95 difference before welcome offers and credits.
Frequently Asked Questions
- Is the Capital One Venture Rewards Credit Card worth the higher annual fee?
- The Capital One Venture Rewards Credit Card costs $95/yr vs $0/yr for the Costco Anywhere Visa Card by Citi. Compare the year-one vs ongoing value table on this page — the $95 gap must be offset by higher earn rates, welcome offers, or credits you will use (the Capital One Venture Rewards Credit Card also lists travel credits).
- Which card earns more rewards, the Capital One Venture Rewards Credit Card or Costco Anywhere Visa Card by Citi?
- The Capital One Venture Rewards Credit Card has a higher base earn rate (2X vs 1X), but both cards have different bonus categories where they excel.
- What benefits does the Capital One Venture Rewards Credit Card have that the Costco Anywhere Visa Card by Citi doesn't?
- The Capital One Venture Rewards Credit Card offers travel credits. The Costco Anywhere Visa Card by Citi focuses more on earn rates than premium perks.
- Should I get the Capital One Venture Rewards Credit Card or the Costco Anywhere Visa Card by Citi?
- Use the spend scenarios on this page: the Costco Anywhere Visa Card by Citi has a lower $0/yr fee; the Capital One Venture Rewards Credit Card must earn enough extra (or offer a larger welcome bonus) to justify $95/yr.
Related Comparisons
Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published October 11, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.