What Credit Cards Does Costco Accept?
Credit cards have become an essential part of our daily lives, and it's no secret that they offer a lot of convenience and rewards. But, not all credit cards are accepted everywhere, and it's important to know which ones are accepted at your favorite stores. If you're a Costco shopper, you might be wondering which credit cards are accepted at the store. In this article, we'll explore the different credit cards that Costco accepts and what you need to know about them.
Accepted Credit Cards at Costco
Costco has a reputation for being picky about the types of credit cards it accepts. In the past, the store only accepted American Express, but that changed in 2016 when it switched to Visa. Currently, Costco only accepts Visa credit cards, which means that any Mastercard, Discover, or American Express cards won't work. However, there are a few different types of Visa cards that are accepted, which we'll explore below.
Visa Credit Cards Accepted at Costco
1. Costco Anywhere Visa Card by Citi
The Costco Anywhere Visa Card by Citi is a popular choice for Costco shoppers because it offerscashback rewardsfor purchases made at Costco and other places. The card offers 4% cashback on gas purchases, 3% cashback on restaurant and travel purchases, 2% cashback on Costco purchases, and 1% cashback on all other purchases. Additionally, the card has no annual fee, and there's no limit on the cashback rewards you can earn.
2. Visa Signature Cards
Visa Signature cards are high-end credit cards that offer a range of benefits, including travel perks, concierge services, and cashback rewards. Some Visa Signature cards that are accepted at Costco include the Chase Sapphire Preferred Card, the Capital One Venture Rewards Credit Card, and the Bank of America Premium Rewards Credit Card.
3. Visa Business Cards
If you're a business owner, you can use a Visa business card to make purchases at Costco. Some popular Visa business cards include the Ink Business Preferred Credit Card, the American Express Business Gold Card, and the Bank of America Business Advantage Cash Rewards Mastercard.
Tips for Using Your Credit Card at Costco
Now that you know which credit cards are accepted at Costco, here are a few tips to help you make the most of your purchases:
1. Use a card that offers cashback rewards: Since Costco only accepts Visa credit cards, you'll want to make sure you're using a card that offers rewards for your purchases. The Costco Anywhere Visa Card by Citi is a great option because it offers cashback rewards specifically for Costco purchases.
2. Check yourcredit limit: Since Costco is known for selling big-ticket items, you'll want to make sure you have an adequate credit limit on your card before you go shopping. You may also want to consider a card with a higher credit limit if you plan on making large purchases.
3. Keep track of your spending: It's easy to overspend at Costco, so make sure you're keeping track of your spending and staying within your budget. You can also set up alerts on your credit card to notify you when you've reached a certain spending threshold.
Costco only accepts Visa credit cards, which means that you'll need to have a Visa card to make purchases at the store. However, there are several different types of Visa cards that are accepted, including the Costco Anywhere Visa Card by Citi, Visa Signature cards, and Visa business cards. By choosing the right credit card and following these tips, you can make the most of your purchases at Costco and earn cashback rewards along the way.