What Credit Cards Work at Costco?

What Credit Cards Work at Costco?

Costco is one of the largest retailers in the world, and many people choose to shop there because of the great deals they offer. However, not allcredit cardsare accepted at Costco. So, what credit cards work at Costco?

1. Costco-branded Credit Cards

The first thing you should know is that Costco only accepts cards that are part of the Visa payment network. This means that if you have a Mastercard, American Express, or Discover card, you won't be able to use it at Costco. However, Costco does have its own branded credit card, the Costco Anywhere Visa Card by Citi, which is the primary credit card accepted at Costco.

2. Visa Credit Cards

Aside from the Costco Anywhere Visa Card, other Visa credit cards are also accepted at Costco. This includes cards from major banks such as Chase, Capital One, and Bank of America. However, some smaller banks and credit unions may not have Visa credit cards that are accepted at Costco.

3. Debit Cards

In addition to credit cards, Costco also accepts debit cards. This includes Visa debit cards, as well as other debit cards that are part of the Visa payment network. However, you should check with your bank to make sure that your debit card will work at Costco.

4. Cash and Checks

Finally, Costco also accepts cash and checks. However, if you choose to pay with a check, you will need to show a valid photo ID. Additionally, Costco does not accept foreign currency or traveler's checks.

Investment Opportunities with Costco Credit Cards

If you are a frequent shopper at Costco, it may be worth considering a Costco-branded credit card. The Costco Anywhere Visa Card by Citi offerscash back rewardson all purchases, including 4% cash back on gas purchases (up to $7,000 per year) and 3% cash back on restaurant and travel purchases. This can add up to significant savings over time, especially if you are a frequent traveler or commuter.

Another investment opportunity with Costco credit cards is using them to make large purchases at Costco. Many credit cards offer 0% introductory APR for a certain period of time on new purchases. This can allow you to make a large purchase at Costco and pay it off over time without accruing interest. Just be sure to pay off the balance before the introductory period ends.

Conclusion

In summary, Costco only accepts credit cards that are part of the Visa payment network, including the Costco Anywhere Visa Card by Citi. Debit cards that are part of the Visa payment network are also accepted, as well as cash and checks. If you are a frequent Costco shopper, it may be worth considering a Costco-branded credit card for cash back rewards and other benefits. Additionally, using credit cards with 0% introductory APR can be a smart investment strategy for making large purchases at Costco.