Disclosed rates and fees
Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.
| Purchase APR | 18.74%–26.74% (variable) |
|---|---|
| Balance transfer APR | 18.74% |
| Cash advance APR | 28.74% |
| Penalty APR | 29.99% |
| Late payment fee | up to $41 |
| Balance transfer fee | 0.05134% to 0.07326% 11.99% to 19.99% |
| Grace period | 23 days |
| Minimum interest charge | $0.5 |
| Network | Visa |
Analysis
Citibank's filed agreement for Costco Anywhere Visa Pricing and Information Table discloses a purchase APR of 18.74%–26.74% and a 29.99% penalty rate. The purchase rate sits at roughly the 64th percentile of the 4,587 agreements indexed here.
What the agreement puts on the record
This page covers the agreement Citibank filed for Costco Anywhere Visa Pricing and Information Table. It is issued on the Visa network and the filing runs two pages.
Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and a late payment maximum. No figure appears for an annual fee line and a foreign transaction fee.
Where the purchase APR sits
This is a tiered agreement: the filing discloses a purchase APR anywhere from 18.74% to 26.74%, a spread of 8 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.
Those two numbers occupy very different places in the corpus: roughly the 58th percentile at the bottom and the 64th at the top.
Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.
What the rate means in dollars
Put $1,200 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $368.
On a median-priced agreement from this index (21.99%) the same $1,200 would run about $295 a year, so this card costs in the region of $73 more annually for the identical balance.
Month to month it reads as about $26.66 per cycle on that balance.
Note the $0.50 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.
That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.
What the card costs before you borrow
Cash advances carry a cash advance APR of 28.74%. Cash is therefore 2 points dearer than buying something with the card. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.
Moving a balance onto this card carries an up-front charge of 0.05% of the amount transferred, with the transferred balance priced at 18.74%. Transferring $5,000 would cost roughly $3 at the door.
The downside terms
The agreement discloses penalty pricing of 29.99% — about the 61st percentile of the 794 penalty rates recorded across this index.
The jump from 26.74% to 29.99% is 3.25 percentage points, worth roughly $108 extra per year on $2,500 of balance.
On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.
Paying in full
Purchases carry a 23-day grace period: pay the statement in full inside it and the purchase rate never applies. The typical filing here allows 25 days, so this one is tighter than most.
Where interest applies at all, the filing bills at least $0.50. On a tiny balance that floor can dwarf the rate itself.
Inside Citibank's filed lineup
There are 82 filings from Citibank in this index. The issuer's own range is 25.99%–34.24%. At 26.74%, this agreement is dearer than 1 of its siblings.
What is outside the disclosure
Absent from the captured terms: an annual fee and a foreign transaction fee. The original document is the place to look for any of these.
An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.
Go to the source
The filed PDF is linked from this page and runs two pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.
In short
The pricing here is middling by the standards of the index — 26.74% on purchases is near enough to typical.
The source document
This page is a reading of one document: the cardholder agreement Citibank filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Citibank, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Citibank
-
Citi Diamond Preferred Pricing and Information Table
Agreement filed with the CFPB
- Purchase APR
- 16.49%–27.24%
- Annual fee
- $0
-
AT&T Points Plus Pricing and Information Table
Agreement filed with the CFPB
- Purchase APR
- 19.49%–27.49%
- Annual fee
- $0
-
Citi Custom Cash Pricing and Information Table
Agreement filed with the CFPB
- Purchase APR
- 17.49%–27.49%
- Annual fee
- $0
-
Citi Double Cash Pricing and Information Table
Agreement filed with the CFPB
- Purchase APR
- 17.49%–27.49%
- Annual fee
- $0
Where this card sits
Groups this agreement qualifies for, by its own disclosed terms:
Comparable cards from other issuers
Closest disclosed purchase APR among cards in the same groups.