No, you can’t use your Mastercard credit card at Costco. Costco only accepts cards on the Visa network, at least this is the case for its warehouse locations. You can, though, use your Mastercard credit card for online purchases at Costco.com.
So, if you only have a Mastercard and want to shop at Costco, you have a couple choices. For starters, you can still pay for Costco items with cash or a check. But if you don’t really want to carry all that cash, take the time to write out a check or miss out on a lot of rewards, your best bet is to simply get a Visa credit card.
Mastercard is not accepted at retail chains that have an exclusive agreement with another card network. For example, Costco accepts Mastercard only for online purchases. Mastercard credit cards also can’t be used to pay a credit card bill, but no credit cards can be used for that. Most of the cases in which you won’t be able to use a Mastercard will happen when you buy from someone who doesn’t take credit cards at all.… read full answer
Outside of those exceptions, you can use Mastercards globally, in over 210 countries and territories. And millions of merchants within those countries take them.
Here’s where Mastercard is not accepted:
Merchants who don’t take credit cards. Small businesses may not always want to bother with the fees they get charged for accepting credit cards, so you’ll probably run into some cash-only merchants at some point. In addition, you might not be able to use your credit card at certain events, like a food stall at your local fair, for instance.
Merchants with exclusive deals. Sometimes, a merchant will give its business to only one credit card network. Costco is a good example. They used to only accept American Express cards, and now they only accept Visa cards. But you won’t find a lot of places that accept credit cards and exclude Mastercard.
Certain virtual purchases. Some purchases can only be completed using virtual currency (e.g. bitcoin).
Monthly credit card bills. You can’t use any credit card, whether from Mastercard or another network, to pay another credit card’s bill on a monthly basis. But you can transfer a balance from one card to another, just not regularly. And that usually makes sense only if you’re opening a new account with a 0% introductory balance transfer APR.
So, if you’re able to use credit cards at a merchant, it’s almost guaranteed they’ll take your Mastercard. But in case they don’t, it helps to have some cash on you or a backup credit card from another network.
Costco takes Visa credit cards, Visa debit cards and Visa gift cards. In fact, Costco only takes Visa cards. You cannot use Mastercard, Discover or American Express cards at Costco. If you don’t have a Visa card, you will have to pay by cash or check. This has been the case since June 2016, when Costco switched from only accepting American Express cards.… read full answer
It’s not common for retailers to have an exclusive relationship with one card network. Most stores that accept Visa also take Mastercard. It’s more common for stores to not take Discover or American Express.
Does Costco take Visa? Here are the facts:
Costco takes all Visa credit cards, debit cards and gift cards.
Costco only takes Visa cards. They won’t accept Mastercard, Discover or American Express.
You can tell if your card is a Visa by looking for the Visa logo (usually on the front).
If you don’t have a Visa card, you’ll only be able to pay with cash, a check or a prepaid Costco Cash Card.
Costco has its own co-branded Visa credit card, the Costco Anywhere Visa. You can use it not only at Costco but anywhere in the world Visa is accepted.
The Costco Anywhere Visa card is one of the best Visa cards to use at Costco. However, you will need to have a Costco membership ($60+ per year) in order to get it. That shouldn’t be an issue, though, as you have to be a Costco member to make purchases there anyway. But if Costco’s credit card doesn’t interest you, you can use any Visa you want.
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