Costco and credit cards
For a few years now, Costco Canada has only accepted Mastercard for warehouse payments (in addition to cash or debit card payments).
In fact, we have established a list of the best Mastercard credit cards to use at Costco. For example, you can earn AIR MILES bonus miles at Costco with the BMO® AIR MILES® World Elite®* Mastercard®*.
In the warehouse, you cannot use a VISA (or American Express) credit card. However, there is a way to use a VISA credit card: on the Costco.ca website!
The Costco.ca website
The Costco.ca website allows you to pay with a Mastercard or VISA credit card!
It is quite convenient for all products available on the website (however, most of these products will generally be more expensive than those found in the warehouse). This is still interesting if you need to buy household appliances.
But what we are most interested in here is the possibility to buy, with a VISA credit card, “Shop” cards that can be used in the warehouse!
Costco Shop cards
Costco “Shop” cards are simply gift cards that you can use:
- in the warehouse
- at Costco gas stations
- on Costco.ca
They come in different amounts from $50 to $2,000.
And these Shope cards can be used by people who are not Costco members!
If you’re a Costco member, you can give your friends and family the benefit of your membership: in exchange for this service, you’ll use your credit card to buy them a Shop card (and they’ll pay you back with an Interac transfer)!
Points and discounts are yours! 😉
Interesting VISA cards
Many VISA cards are attractive, like those offered by CIBC or TD to earn Aeroplan Miles. Examples include the CIBC Aeroplan® Visa Infinite Card or the TD® Aeroplan® Visa Infinite Card . Or cards that offer travel points such as the RBC Avion Visa Infinite.
But there are also VISA credit cards that allow you to earn cash back, such as the Scotia Momentum® VISA Infinite* card! And it offers an interesting promotion from time to time: 10% cash back on all your purchases for the first 3 months!
Outside the promotional period, you will get 1% back (Costco is not considered by credit cards issuers as “groceries”).