How to Use Credit Cards at Costco: A Guide for Shoppers

How to Use Credit Cards at Costco: A Guide for Shoppers

If you are a Costco shopper, you may be aware that the store only accepts a limited number of credit cards. However, there are ways to make the most out of your credit card at Costco. In this guide, we will discuss how to use credit cards at Costco and also give you some tips to help yousave moneyandavoid risks.

Accepted Credit Cards at Costco

Costco only accepts a limited number of credit cards, including Visa, Mastercard, and Discover. American Express used to be accepted, but the store discontinued the partnership in 2016. Therefore, you need to have a credit card from one of these card issuers to shop at Costco.

Costco Anywhere Visa Card

If you are a frequent Costco shopper, you may consider getting the Costco Anywhere Visa Card, which is issued by Citibank. This credit card offers cashback rewards for your Costco purchases, including 4% cashback on eligible gas purchases, 3% cashback on restaurant and travel purchases, 2% cashback on Costco purchases, and 1% cashback on all other purchases. However, you need to be a Costco member to apply for this credit card.

Using Credit Cards at Costco

When you are ready to pay at Costco, you need to present your credit card at the checkout counter. The store does not accept cash or checks, so a credit card is your only payment option. You also need to show your Costco membership card to the cashier before making a purchase.

Tips for Saving Money at Costco with Credit Cards

Besides using credit cards to pay at Costco, there are other ways to save money at the store. Here are some tips:

1. Use coupons: Costco offers various coupons for its members, which can help you save money on your purchases. You can find the coupons on the Costco website or in the monthly coupon book.

2. Buy in bulk: Costco is known for its bulk products, which can save you money in the long run. However, make sure you only buy what you need and can consume before the expiration date.

3. Check the price per unit: Sometimes, the bulk products may not be cheaper than the regular-sized products. Therefore, check the price per unit to make sure you are getting a good deal.

4. Use cashback credit cards: Besides the Costco Anywhere Visa Card, there are other credit cards that offer cashback rewards for your Costco purchases. You can use these credit cards to earn extra rewards on your shopping.

Avoiding Risks with Credit Cards at Costco

While using credit cards at Costco can be convenient, there are also risks involved. Here are some tips to help you avoid risks:

1. Protect your credit card information: Be careful when you are entering your credit card information at the checkout counter, and make sure no one is watching you. Also, keep your credit card in a safe place and do not share your card information with anyone.

2. Check your credit card statements: Regularly check your credit card statements to make sure there are no unauthorized charges. If you notice any suspicious activity, contact your credit card issuer immediately.

3. Be aware of scams: Scammers may try to trick you into giving them your credit card information by posing as Costco representatives. Be cautious of unsolicited phone calls or emails, and do not give out your personal information unless you are certain it is legitimate.

Conclusion

Using credit cards at Costco can be a great way to pay for your purchases andearn rewards. However, make sure you follow the tips we have provided to save money and avoid risks. If you are a frequent Costco shopper, consider getting the Costco Anywhere Visa Card to maximize your rewards.