Costco Credit Card Acceptance: What You Need To Know

Costco is one of the world’s largest retailers, and is well known for its great deals on a variety of products and services. But when it comes to paying for your purchases, the choices are somewhat limited. What credit cards does Costco accept? Many shoppers are curious about how best to pay for their Costco purchases, and it’s important to understand the available options.

Costco Wholesale Club and Credit Cards

Costco has its own private label store credit card called the Costco Anywhere Visa Card. This card is accepted at Costco and also at other retailers where Visa cards are accepted. This card does come with an interest rate of between 10.45% and 17.24%, depending on your credit history. However, it does offer a number of attractive rewards and benefits, including cashback on purchases from Costco.

Costco also accepts Mastercard and debit cards. These cards are accepted at all Costco locations as well as other retailers that accept Mastercard. The major difference between a Costco Visa and Mastercard is that the Mastercard has no interest rate associated with it, so it is the preferred payment option for those who are looking to save money.

Accepting Other Credit Cards

In addition to its own store credit card, Costco also accepts a wide range of other credit cards, including American Express and Discover. While these cards are accepted at Costco, they generally come with higher interest rates. For example, American Express cards generally have an interest rate of around 16.24%.

It’s important to note that Costco does not accept Visa or Mastercard gift cards. These cards are usually prepaid cards issued by a third-party, such as a bank or a credit card issuer. As such, they are not accepted at Costco.

Conclusion

Costco offers a wide range of credit cards to its shoppers, including its exclusive Anywhere Visa Card, Mastercard and debit cards, and other major credit cards like American Express and Discover. Each card comes with its own impressive set of rewards and benefits, and it pays to do your research to find the right card for you. Keep in mind that Costco does not accept Visa or Mastercard gift cards, so it’s important to make sure you use the correct card for your purchase.