Why did Costco get rid of American Express?

In October 2015, Costco sent a note to its customers, explaining that the company wouldn’t be renewing its partnership with American Express, assuring them that with the new Citi and Visa cards, customers would have “the opportunity to earn generous rewards,” and that they would not have to apply for any new credit …

Will Costco ever accept Amex?

For a long time, starting in 1999, American Express was Costco’s exclusive credit card partner. In addition to Visa cards, Costco still accepts cash, checks, most debit and ATM cards, electronic benefit transfer (EBT) and Costco Shop Cards.

Why does Costco only accept Visa?

Put simply, Costco wants you to use a Visa card because it saves them a considerable amount of money in transaction fees. You can still use most branded debit cards at the register, since the “swipe” fees are much lower for merchants. And Mastercard and Discover are accepted on the Costco.com website.

How do I use American Express at Costco?

Costco does not accept Amex credit cards at any of their locations in 2021. While Costco used to exclusively accept Amex credit cards, customers will have to pay for their purchases with Visa credit cards or other forms of payment moving forward.

What card does Costco not take?

Costco warehouses and gas stations only accept Visa credit cards, cash, debit cards, and Costco Shop Cards (gift cards). They do not accept Mastercard, American Express, or Discover cards.

Does Costco Canada accept Amex?

Effective January 1, 2015, Costco warehouses and gas stations in Canada as well as Costco.ca will stop accepting all American Express Cards.

Why can’t I use Mastercard at Costco?

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. 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.

Can I use my husband’s credit card at Costco?

The Costco membership card is non-transferable, but there are several ways to share the experience with family and friends. Keep in mind that purchasing items is exclusive to Costco members. If you’re the Primary Member or Account Manager, you can assign your free household card to one other person in your home.