Prime Visa vs Costco Anywhere Visa®
Side-by-side comparison
| Prime Visa | Costco Anywhere Visa® | |
|---|---|---|
| Annual fee | No annual fee | $65 |
| Welcome offer | $200 Amazon Gift Card upon approval | No current offer |
| Dining | 2x | 3x |
| Groceries | 5x | 1x |
| Gas | 2x | 4x |
| Travel | 1x | 3x |
| Streaming | 1x | 1x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $590 | $452 |
| Points type | Cash back only | Cash back only |
| Network | Visa | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified July 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | Prime Visa | Costco Anywhere Visa® |
|---|---|---|
| Welcome bonus | $200 Amazon Gift Card upon approval | None |
| To earn it | None required | No minimum spend |
| Est. first-year value* | $940 | $387 |
| Est. ongoing value / yr* | $740 | $387 |
The Prime Visa wins on both fronts: it comes out ahead in year one on the welcome offer and stays ahead every year after. Short term or long, it is the stronger pick on the numbers.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | Prime Visa | Costco Anywhere Visa® |
|---|---|---|
| Lounge access | None | None |
| Annual credits | ~$150/yr (1 credits) | None |
| Points & redemptions | Cash back only | Cash back only |
On perks and redemptions, the Prime Visa carries the heavier credit stack (about $150 a year). Weigh those against the fee, since credits and lounge access only count if you will actually use them.
Transfer partners and point value
Neither card earns transferable points, so redemptions are cash-back or fixed portal value on both, roughly a cent per point. There is no airline or hotel transfer angle to separate them.
The verdict
On a typical year of household spending, the Prime Visa earns about $590 a year in rewards and the Costco Anywhere Visa® about $452, valuing every point at a flat 1 cent. The Prime Visa has no annual fee, so its rewards are all profit. The Costco Anywhere Visa® charges $65, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the Prime Visa delivers more total value, about $278 a year more for a typical spender, mostly because it earns more where you spend most, on groceries. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the Prime Visa currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Prime Visa if your spending leans toward groceries. Pick the Costco Anywhere Visa® if your spending leans toward dining, gas, travel.