Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

The Platinum Card® from American Express vs. Costco Anywhere Visa® Card by Citi

The winner for welcome offer: The Platinum Card® from American Express

Up to 10%

Cash back

  • Biggest welcome offer on the market: Valued up to $7,000
  • 10x points at restaurants and US Shop Small vendors on up to $25,000 combined in the first 6 months
Apply now
Terms apply, see rates & fees
Please note: Citi is an advertising partner of finder.com

Though both of these cards are travel products, they differ heavily in features. The The Platinum Card® from American Express is designed for luxury travel and has a much higher annual fee than the Costco Anywhere Visa® Card by Citi at $695. It more than makes up for this fee with a hugely valuable welcome offer, numerous statement credit opportunities and access to the Amex Centurion Lounge. The Costco Anywhere Visa® Card by Citi caters more to your average consumer, particularly those looking for a good local travel card. It lacks an annual fee and the perks you’ll find on a luxury product, but still offers strong cash back on gas, travel and dining.

The Platinum Card® from American Express

The Platinum Card® from American Express

Terms apply, see rates & fees

Costco Anywhere Visa® Card by Citi

Costco Anywhere Visa® Card by Citi

Terms apply, see rates & fees

Finder rating
Finder rating

★★★★★

4.4 / 5.0

★★★★★

3.4 / 5.0
Best for
Best for
  • Excellent travel rewards
  • Elevated rewards on gas, travel and restaurants
Welcome offer
Welcome offer

100,000 points after spending $6,000 in your first 6 months, plus 10x points at restaurants worldwide and when you Shop Small in the US on up to $25,000 in combined purchases in the same timeframe

N/A

Rewards
Rewards

10x points at restaurants worldwide and when you Shop Small in the US on up to $25,000 combined in the first 6 months, 5x points on prepaid hotels booked with American Express Travel, 5x points on directly-booked flights on up to $500,000 annually, then 1x points after that and on other purchases

4% at gas stations on up to $7,000 annually (then 1%), 3% at restaurants and on travel, 2% at Costco and 1% on all other purchases

Purchase APR
Purchase APR

See Pay Over Time APR

15.24% variable

Annual fee
Annual fee $695 $0
Balance transfer APR
Balance transfer APR N/A

15.24% variable

Cash advance
Cash advance

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater

Foreign transaction fee
Foreign transaction fee None None
Late payment fee
Late payment fee Up to $40 Up to $40
Additional cardholder fee
Additional cardholder fee $175 $0
Interest-free period
Interest-free period 25 days 23 days
Minimum interest
Minimum interest $0.50
Minimum credit score
Minimum credit score 670 740
Card type
Card type Other Credit
Learn more
Learn more

Read review

Read review

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site