Prime costs $139 for an annual membership or $14.99 per month. Two of the four Amazon cards require Prime membership - the Amazon Prime Rewards Visa Signature Card and the Amazon Prime Store Card.

So if you cancel your Costco membership after opening the card, your card will also be canceled. Note: Like its name suggests, you can use this card anywhere, but it's only available if you have a current Costco membership in your name. The level of membership you have doesn't matter and you can sometimes score a deal on joining through offers provided on Groupon. The cost for membership starts at $60 for Gold Star and doubles to $120 for Gold Star Executive. In order to qualify for the Costco Anywhere card, you'll need to be a Costco member.

For our comparison, we'll focus on the consumer cards mentioned above, though there are business versions available. To maximize savings at Costco or Amazon, you should consider if a card from one retailer or both may deserve a spot in your wallet.īelow, Select breaks down the basics of each card from rewards and added perks, to membership requirements and fees.

While you may already receive special promotions for being a Costco or Amazon Prime member, you can increase savings by using one of the store's co-branded credit cards.Ĭostco offers the Costco Anywhere Visa® Card by Citi, whereas Amazon offers four cards: Amazon Prime Rewards Visa Signature Card, Amazon Rewards Visa Signature Card, Amazon Prime Store Card and Amazon Store Card.Īll of these cards have no annual fee, though membership to Costco or Prime may be required depending on the card you open. Both retailers have a great selection of items and offer discounts on a variety of essentials from toilet paper and water to outdoor furniture and electronics.

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