What Credit Cards Does Costco Take

One of the famous warehouse clubs in the United States is Costco, and they have about five hundred branches located inside the United States alone. The company has been of immense help to businesses and families following the availability of their products and affordable prices.

Other issues might take you off guard with Costco, and that is knowing what credit cards does Costco takes.

Knowing the credit card a Costco warehouse club accepts is another thing to worry about, not just their product being out of stock. Your credit card might not be accepted when checking out, and this is based on the fact that Costco made some changes to its credit card dealings back in 2016.

You will find out what credit cards Costco takes and a few other essential pieces of information in this detailed post.

What Credit Card Does Costco Take

In the past, retailers were known to accept America Express credit cards alone. However, a deal was reached between Visa and Costco which made Costco to accept payments from cards on the Visa card network.

At Costco, it is impossible to pay for a product or service using the American express, Discover, or Mastercard credit card. You will be allowed to pay with business or personal check, Costco shop card, debit card, cash, EBT card, or travelers check.

Interestingly, mobile payments can also be made at Costco on apps like Samsung Pay, Google Pay, and Apple Pay. Surprisingly, only visa credit cards are accepted at Costco gas stations.

These gas stations do not collect cash as payment, and you are required to make use of a Costco shop card or debit card when making payment for purchase if you do not have a Costco visa card.

What Credit Card Does Costco Take Online

Just like we mentioned previously in this post, visa credit cards remains the exclusive cards for payment at Costco. However, Discover and Mastercards can be used for payment if you intend making an online payment.

The Costco shop cards and debit cards are also available if you want to make payment online, but the American Express cards are not accepted whether you are making a physical or online payment.

Does Moving To Visa Credit Cards Save Money For Costco Members

The short and straightforward answer to this question is YES. So many merchants will not be able to afford the Costco savings offer, and this is because merchants already pay an interchange fee of about two to three percent.

The agreement between Visa and Costco cut down the interchange fee drastically, meaning the price of products will be on the low because of the low credit card fees.

This means Costco no longer has to add credit card fees into the prices of their products, which is one common act among several other retailers. There is a smaller revenue margin, making it possible for customer to afford goods for almost the wholesale price.

Costo partnered with Citi to issue out visa cards, and this card is available at a no annual fee for all Costco members. This is something that is considered as a huge bonus, and can’t be gotten everywhere.

Conclusion – What Credit Cards Does Costco Take

The simple answer to the question; what credit cards does Costco take is every Visa card. You should be open to the fact that there are cards that provides lots of benefits compared to other cards, and ensure you are collecting the Costco Anywhere Visa Card if you opt to go for the Visa credit card.

This is because this card is capable of providing you with a two percent cash back on any purchase made at Costco.

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