Does Costco Accept Mastercard

Does Costco Accept Mastercard In 2022? (You’Ll Be Surprised)

There are some quirks about Costco that might surprise you – especially if your nearest Costco has just been opened or you don’t know much about it.

We have everything you need about Visa’s relationship to Costco, as well as where Mastercard fits in.

Does Costco Accept Mastercard In 2022? (You'll Be Surprised)

Does Costco Accept Mastercard In 2022?

Costco is not accepting Mastercard credit card at any of its 2022 locations. Costco gas customers and members may pay in-store with Mastercard PIN debit cards. Costco accepts Mastercard credit cards online only.

Costco’s customers (potential and existing) may be inconvenienced by the absence of Mastercard. It is widely used around the world.

Read on to learn more about why Costco does not accept Mastercard credit as a form of payment in its physical locations.

  • Costco offers a Visa deal
  • Costco prohibits customers from using Mastercard credit when they shop in its stores, as the wholesale chain is part of a special deal with Visa.

    This agreement was formed in June 2016, after American Express and Costco failed to reach an agreement.

    Costco’s Visa deal guarantees that they can accept Visa credit from only customers who shop at the store. Costco is not a place that many customers shop, and they do not recommend it to them.

    This move can be incredibly frustrating for new customers that are considering a membership. They might even be dissuaded from Costco membership.

    Costco won’t take the risk of creating additional obstacles for customers to use while they shop in a store. The deal was mutually beneficial for both sides.

    The worst frustration for shoppers was likely when current customers who used American Express credit cards at Costco over years discovered that their preferred mode of payment was no more accepted.

    Costco is willing to accept Debit cards from other Carriers

    Although Costco has an exclusive deal with Visa on credit card transactions, customers can use their preferred debit cards with no complications at all.

    This is wonderful news for anyone whose bank only issues debit cards from American Express, Mastercard, or another company.

    The forms of payment that are accepted at Costco include the following:

  • Any credit card that Visa has issued
  • Cash
  • Most pin-protected debit cards are pin-protected, regardless of which company they come from
  • EBT Cards
  • Current Costco Members Get Checks
  • Costco’s deal with Visa does not limit the warehouse store from accepting a broad range of payment forms.

    This is good news for frustrated customers because it offers them several alternatives to pay at checkout. This is good news for customers that do not have Visa credit card.

    Costco still accepts payment in several ways, however customers continue to complain about this inconvenience.

    To maintain good credit, many people shop for groceries with their credit cards. Their credit cards may not be Visa so they’ll need to search for other ways to shop.

    To learn more about different payment methods at Costco, you can see our related posts on whether or not you can pay with PayPal at Costco, use Apple Pay at Costco, and if Costco has layaway.

  • Conclusion
  • Costco’s Visa-exclusive deal might not be detrimental to customers who already have Visa credit card, but it could affect people who prefer another brand. Costco customers may find it difficult to pay for their purchases at Costco when they have Mastercard credit cards. We all want the easiest possible shopping experience.

    Costco’s customers find it frustrating to navigate when they shop at the store. It is possible that the Visa offer will end soon. Customers will need to choose between Visa credit and another form of payment until then.

    Costco 2022: What credit cards does it accept?

    Costco has had Visa as their exclusive creditcard since 2016. It means you will not be able pay in store with any credit card that is backed either by American Express or Mastercard. But, Mastercards and Discover cards can be used at as well as via the Costco app.

    When Did Costco Stop Accepting Mastercard?

    Costco made the change to their credit cards on June 20, 2016. This was the official date that Costco switched to Visa over American Express after it had been announced February 15, 2015. Oct 15, 2021

    Costco Will Take Mastercard

    Costco’s contract with Visa means that shoppers are not allowed to use any credit cards supported by other networks such as Mastercard, American Express or Discover in Costco warehouses. For purchases at or the Costco App, Mastercard and Discover can be used to make payments.

    Why can’t I use my Mastercard at Costco

    Costco offers all Visa cards, including debit cards and gift card. Costco accepts Visa cards only. The store won’t take Mastercard, Discover, or American Express. You can tell if your card is a Visa by looking for the Visa logo (usually on the front).May 7, 2021

    .Does Costco Accept Mastercard In 2022? (You’Ll Be Surprised)