What Credit Cards Does Costco Accept?

If you're a frequent shopper at Costco, you may be wondering what credit cards the store accepts. Costco is known for its great deals and bulk products, but it's also known for having a limited selection ofpayment options. Here's everything you need to know about the credit cards that Costco accepts.

Visa is the Only Credit Card Accepted at Costco

As of 2016, Costco only accepts Visa credit cards. This means that if you have a Mastercard, American Express, or Discover card, you won't be able to use it at Costco. This change happened when Costco ended its partnership with American Express and switched to Visa as its exclusive credit card partner.

Visa Credit Cards that Costco Accepts

While Costco only accepts Visa credit cards, not all Visa cards are accepted at the store. Only Visa cards that have been issued by Citibank are accepted at Costco. This means that if you have a Visa card issued by your bank or another financial institution, you won't be able to use it at Costco.

Costco Anywhere Visa Card by Citi

If you're a frequent Costco shopper, you may want to consider applying for the Costco Anywhere Visa Card by Citi. This credit card is designed specifically for Costco members and offerscash back rewardson all purchases, both inside and outside of Costco. You can earn 4% cash back on gas purchases, 3% cash back on restaurant and travel purchases, 2% cash back on all Costco purchases, and 1% cash back on all other purchases.

Other Payment Options at Costco

If you don't have a Visa credit card or don't want to use your credit card, there are other payment options available at Costco. You can pay with cash, check, debit card, or Costco Cash Card. However, keep in mind that if you pay with a check, you'll need to show a valid photo ID and your Costco membership card.

Tips for Applying for a Credit Card

Before applying for a credit card, make sure to read the terms and conditions carefully. Look for information on interest rates, fees, and rewards programs. Make sure you understand how the card works and how you can use it to your advantage.

Saving Money with Credit Cards

Using credit cards can be a great way to save money, as long as you use them responsibly. Look for credit cards that offer cash back rewards or other perks that can help you save money on everyday purchases. Make sure to pay off your balance in full each month to avoid interest charges.

Annual Fees and Risk Management

Many credit cards come with annual fees, which can add up over time. Make sure to weigh the benefits of the card against the cost of the annual fee before applying. You should also be aware of the risks associated with using credit cards, such as fraud and identity theft. Be sure to monitor your account regularly and report any suspicious activity to your credit card issuer.

Recommended Credit Card Companies

There are many credit card companies to choose from, but some of the most popular include Chase, Capital One, and American Express. Look for credit card companies that offer competitive interest rates, rewards programs, and good customer service. Make sure to read reviews and compare offers before applying for a credit card.

In conclusion, Costco only accepts Visa credit cards that have been issued by Citibank. If you're a frequent Costco shopper, you may want to consider applying for the Costco Anywhere Visa Card by Citi to earn cash back rewards on all purchases. Before applying for a credit card, make sure to read the terms and conditions carefully and understand the risks associated with using credit cards. Look for credit card companies that offer good rewards programs and customer service.