Costco online accepts all Visa Cards, MasterCard, Discover Cards, Costco Shop cards, the majority of PIN-based debit or ATM cards, and Visa checkout. Costco members often jokingly remark that they went in for a handful of items and left with hundreds of dollars of items they didn't realize they needed. This is not an offer to buy or sell any security or interest. Its more common for stores to not take Discover or American Express. FinanceBuzz and CardRatings may receive a commission from card issuers. For another Visa option with no annual fee, the Wells Fargo Active Cash Card makes earning bonus rewards simple by offering an unlimited 2% oncard purchases. This card also can serve as your membership card, and it gives you damage and theft protections beyond the already generous Costco store policies on purchases. Costco will not accept Discover as a form of in-store payment. Make sure you dont plan to rely on these popular credit cards to shop at your local Costco or try to use them at the pump at the Costco gas station. Yes, Costco accepts all Visa credit cards, Visa debit cards and Visa gift cards. Special Edition - Streaming Servers - US/UK, AMD Ryzen - 1 GBPS - Super Dedicated Servers, DMCA - UKR - Dedicated Servers - 1GBPS To 10GBPS Port Speed, Metered Servers - Limited Speed - Upto 1GBPS, Unmetered Media Servers - Upto 10 GBPS | 40 GBPS. How Much Do I Need to Save for Retirement? That could be up to 3% cash back if you choose to deposit the rewards into a qualifying SoFi money account. This is the equivalent of 1.5% cash back. If you dont have a Chase premium card, this card can be an excellent choice for your Costco purchases. Get The Best Streaming Servers For Media Streaming & Unlimited Bandwidth Upto 1GBPS, Buy The Best VPS Plan Which Suits Your Needs, Select The Best AMD Ryzen Servers - Perfect For Gaming & Media Streaming - Less Than 24 Hours Delivery, Chose the Best Dedicated Server & Customize the Servers - DMCA Free Dedicated Servers, Get The Dedicated Servers For Gaming,Business & Capable Bandwidth Upto 1GBPS Network Port, Get The Dedicated Servers For Media Streaming & Unlimited Bandwidth Upto 40 GBPS Network Port, Buy The Storage Dedicated Servers For VOD's & Movies, Secure your domain name by registering it today, Transfer now to extend your domain by 1 year. Visa is the only credit card that Costco accepts in store. No, Costco does not accept American Express credit card payments. This includes 4% back on gas purchases for the first $7,000 per year(then 1%) and 3% back on dining and travel purchases. If you dont have a Visa card, youll only be able to pay with cash, a check or a prepaid Costco Cash Card. To select the best Visa credit cards, we looked at over two dozen options and compared fees, rewards, and special features. That said, you could potentially earn more points by using a card with a higher cashback value, like the Chase Freedom Unlimited, and then moving the points to your Chase Sapphire Preferred Card. And then there's liquor. If youre a frequent Costco shopper, the simplest solution to credit card spending at the store may be signing up for the Costco Anywhere Visa Card by Citi. Even without extra bonuses at warehouse clubs, membersspend over $100 per trip on average and those charges can add up to great bonuses on any rewards credit card. Earn 60,000 points after spending $4,000 on purchases in the first 3 months, 5X points on Lyft rides and travel booked through Chase Ultimate Rewards; 3X points on eligible dining, select streaming services, and online grocery purchases; 2X points on travel; and 1X points per $1 on all other eligible purchases, The Capital One Venture X Rewards Credit Card offers a generous early spend bonus after qualifying for the card. 2022 Clark Howard Inc. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. Best of all, there are no limits on how much cash back you can earn. Note that youll need a valid government-issued ID to pay by check. And we pore over customer reviews to find out what matters to real people who already own and use the products and services were assessing. You can take a card like this and really maximize your rewards with things like 4% cash back on gas. WalletHub is not a financial advisor, law firm, lawyer referral service, or a substitute for a financial advisor, attorney, or law firm. 'ZDNet Recommends': What exactly does it mean? 2% back on all Costco purchases, plus 4% cash back on gas purchases for the first $7,000 per yearat Costco (then 1%). Tell us which credit cards you like to use with the wholesaler in the Clark.com community! One of Clarks long-recommended cash back cards, this awards you unlimited 2% cash back on every type of purchase you make, including Costco.com. By negotiating an exclusivity deal with Visa, though, Costco was able to drastically lower its interchange fees to below 0.5% per transaction. Standard message rates apply. Do you shop at Costco often? You should also make a point of purchasing your gas from Costco in order to maximize the rewards. Editorial and user-generated content is not provided, reviewed or endorsed by any company. FinanceBuzz.com does not make any credit decisions. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Photo credits:iStock.com/slobo,iStock.com/PeterPhoto,iStock.com/andykatz. Citi or Chase), which then approves or denies the transaction based on the cardholders available credit. Finally, if you're looking for a credit card simply to make payments at Costco, you may want to apply for the Costco Anywhere Visa by Citi. There's a pharmacy and tire sales/installation section as well as a gas station. You'll need to be a member first before you can qualify. Think about how much spending you plan on doing at Costco (and in general). Gold Star Executive for $120 per year is also available. Buzzery, LLC NMLS ID # 2317173 NMLS Consumer Access. Those networks guarantee you worldwide coverage, with acceptance in over 200 countries and territories. If youre making an in-store purchase at a Costco Wholesale Warehouse, you must use a Visa-branded credit card. The miles earned from this bonus can be used in the Capital One travel portal for flights, hotel stays, and more. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Costco Anywhere Visa Card by Citi. While a Visa credit card is the best payment method to use if you want to earn rewards on purchases you would make anyway, theres no need to fret if you leave your card at home or are still waiting for it to arrive in the mail. When deciding on what type of Visa would complete your checkout journey at Costco best, there are several things to consider. So, an American Express card is enough for your shopping within the U.S. You can use it not only at Costco but anywhere in the world Visa is accepted. However, there are rewards cards that allow you to earn miles and cash-back rewards with fair credit. This has been the case since June 2016, when Costco switched from only accepting American Express cards. However, keep in mind that this card is best for the Costco long-hauler. Shop Cards are rechargeable and don't expire so you can use them for gas, food court and shopping whenever you need. The Active Cash card is part of the premium Visa Signature program, which provides extra benefits to cardmembers. We are committed to being fully transparent with our readers. ZDNet's editorial team writes on behalf of you, our reader. Amex used to have an agreement with Costco to be the exclusive credit card accepted in stores, but that changed in 2016 and now Amex cardholders are simply out of luck. Wallethub doesnt charge for this service. Costcos change to Visa came as a surprise to many, since the retailer had a deal to accept only American Express cards since 1999. It's the only branded Costco card, integrated with shopping at the warehouse club. They simply wont work. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is There are certain treasures you can only find at Costco that make the membership cost well worth it. However, in terms of a rewards card, you may get more value from one of thebest cash back credit cards,like the Chase Freedom Unlimited - especially when paired with a Chase premium card such as the Chase Sapphire Preferred. However, you will need to have a Costco membership ($60+ per year) in order to get it. Also gives 3% back on dining and travel. Get special access to purchase tickets to thousands of events with Citi Entertainment, 4% cash back on eligible gas purchases (up to $7,000), 3% on restaurant and travel purchases, 2% on all other Costco purchases, and 1% on everything else. performance of any RIA/IAR, participate in the management of any users account by an RIA/IAR or provide By switching its sole credit provider from American Express to Visa, Costco expanded its potential client network by millions. Amex cards still have hit-or-miss acceptance in many. Yes, Costco warehouses and gas stations accept Visa credit cards. @eric_lombardi Gas purchases at Costco and other gas stations earn a 2% reward. Gold Star is the basic membership for $60 per year. Copyright 2022 JRY Hosting Services. Costco no longer accepts American Express cards. Plus, Discover matches your miles earned in the first year of spending, making it an effective 3% back. Its the only major card issuer that is not accepted at any available purchase point from the wholesaler. Yes, the Today Show publicized this hack several years ago and it still works. Neither ZDNet nor the author are compensated for these independent reviews. Avid Costco shoppers looking for a seamless integration between membership, rewards and spending will like the flexibility of the Costco Anywhere VIsa Card by Citi. Plus, despite the good number of foreign countries where you can use American Express cards, acceptance is on a merchant-by-merchant basis. However, a sign-up bonus of no interest for 15 months also applies to balance transfers made in the first six months. Here are our favorites. Major Retailers That Dont Accept American Express: Costco, small non-chain stores/restaurants, So, an American Express card is enough for your shopping within the U.S. FinanceBuzz is an informational website that provides tips, advice, and recommendations to help you make financial decisions. when you go abroad. Costco Anywhere Visa Card by Citi is available for no annual fee to Costco members, and offers better rewards than its American Express predecessor. The Costco Anywhere Visa card is one of the best Visa cards to use at Costco. Costco only accepts Visa credit cards, so we've listed cards that will help you stretch your dollar to earn more rewards. But you dont have to have the stores Visa card to benefit from the stores switch to Visa. The following cards would make good company for the Costco membership card that sits in your wallet: The best Visa to use at the warehouse club is the Costco Anywhere Visa by Citi, designed exclusively for members. Popular Credit Cards That Costco Will NOT Accept In-Store, Citi Double Cash Card 18 month BT offer, Best Cash Back Credit Cards: Top Picks for 2022, Best 0% Intro APR Credit Cards: Top Picks for 2022, Best Travel Credit Cards: Top Rewards Picks for 2022, Best Rewards Credit Cards: Top Picks for 2022. Fortunately, cardholders enjoyed more perks with this card than were previously provided with Costcos Amex cards. You may want to hire a professional before making any decision. Do you have questions about how to maximize your finances for the future? For many years, Costco stores only accepted American Express cards. Why don't more retailers accept American Express? Plus, Discover matches cash back earned in the first year of card membership. To start, Costco only accepts Visa as a credit card form of payment. That shouldnt be an issue, though, as you have to be a Costco member to make purchases there anyway. Is there a right number of credit cards for one person to have in 2022? Categories include furniture, electronics, sporting goods, select clothing and department stores, as well as utilities, streaming and internet service. Youre smart to want to know whichcredit cards Costco accepts, because it only accepts one: Visa. Not many premium travel cards offer this same type of convenience. If youre making a purchase on Costco.com, you can pay with a Mastercard or a Discover card. Please enter a number between 8 and 64 for the password length. However, if youre shopping at Costco.com or on the Costco app, youll see that your options open up to other types of credit cards. However, Costco membership of at least $60 per year and a good credit score are needed to get approved. But youll probably want to have a, no foreign transaction fee Visa or Mastercard. Best unsecured credit cards 2022: Bad credit? Reward points are only redeemable at Costco warehouse stores and on Costco.com. If you dont have a Visa card, you will have to pay by cash or check. Costco is one of the largest retailers for wine in the world, selling affordable bottles of wine as well as high-end rare vintages. Youve probably noticed that American Express is excluded from the list. WalletHub Answers is a free service that helps consumers access financial information. Having a credit card ready to pay for all the unexpected finds at the store is a good idea, but you better make sure it's a Visa Costco does not accept any other credit cards. You could also get 5% back on Costco.com purchases if the rotating category is PayPal purchases. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. The answer is a little. The generous bonus points on travel and dining make this card a great choice if you enjoy traveling and could take advantage of the extra perks, as it's acredit card with no foreign transaction fees.