INSIDE LAKESIDE
Log In or Register

Check your spam/junk folder for activation e-mail after you register.

Join the forum, it's quick and easy

INSIDE LAKESIDE
Log In or Register

Check your spam/junk folder for activation e-mail after you register.
INSIDE LAKESIDE
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Costco & Credit/Debit cards

+8
Semalu
gvprod
MexicoPete
peteben
CanuckBob
Canmex 87
Flamingo
David
12 posters

Go down

Costco & Credit/Debit cards Empty Costco & Credit/Debit cards

Post by David Mon May 25, 2015 9:40 pm

What credit cards does Costco accept? They have accepted AMEX as the only credit card in the past but now that they've parted ways I wonder? I have two debit cards; one works at Costco and one doesn't, not Costco's doing though.
David
David
Share Holder
Share Holder

Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by Flamingo Mon May 25, 2015 11:36 pm

They accept most cards, they just charge you a premium for not paying with cash. I think it is 5%???
Flamingo
Flamingo
Share Holder
Share Holder

Posts : 1541
Join date : 2011-10-14

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by Canmex 87 Tue May 26, 2015 5:31 am

Flamingo wrote:They accept most cards, they just charge you a premium for not paying with cash. I think it is 5%???
Its 2%.

Canmex 87
Share Holder
Share Holder

Posts : 290
Join date : 2010-12-03

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by CanuckBob Tue May 26, 2015 8:58 am

Costco is partnered with MasterCard now. Particularily Capitol One NOB.
CanuckBob
CanuckBob
Humble Administrator
Humble Administrator

Posts : 19736
Join date : 2010-04-04
Age : 59
Location : Lake Chapala (from Vancouver)
Humor : Sick and twisted

https://casadecomo.mx

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by David Tue May 26, 2015 9:05 am

Costco entered into a long-term deal with Citi and VISA. Costco will begin accepting VISA card on April 1, 2016. http://www.cnbc.com/id/102413714

Bob, do you have a source for your statement?
David
David
Share Holder
Share Holder

Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by peteben Tue May 26, 2015 11:50 am

Costco's CC partner in Canada is now Mastercard. Sounds like the U.S. has a different arrangement.

Pete

peteben
Share Holder
Share Holder

Posts : 88
Join date : 2010-04-17
Humor : Yes.

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by David Tue May 26, 2015 12:09 pm

Interesting. I wonder what they'll do in Mexico?
David
David
Share Holder
Share Holder

Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by MexicoPete Tue May 26, 2015 12:39 pm

When at Costco store #1 (Seattle), last week, they told me that I could start using my other card as of 1 April as David said. When I asked about Mexico, the cashier here in Seattle, had no idea about other countries.

Edit: I just phoned up Costco HQ and asked and they confirmed that in the new card will be the citi visa card in the US. The lady I was talking to did not know what was going to happen in Mexico either.
MexicoPete
MexicoPete
Share Holder
Share Holder

Posts : 2223
Join date : 2012-04-21
Age : 103
Location : Ajijic, Seattle, & Vancouver Island

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by David Tue May 26, 2015 12:44 pm

I looked online and learned that the Costco card in Mexico is Banamex. I saw no items in Google about Costco Mexico changing its credit card.
David
David
Share Holder
Share Holder

Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by gvprod Tue May 26, 2015 7:22 pm

costco in the US (arizona) partner with american express

Sam's moved from discover to Mastercard
gvprod
gvprod
Share Holder
Share Holder

Posts : 502
Join date : 2010-09-30
Location : Ajijic Jalisco Mexico
Humor : live today like no one else, so tomorrow you can live like no one else

http://www.lathmedia.com

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by David Tue May 26, 2015 7:27 pm

Yes, but only until the end of March 2016.

The question was which credit cards does Costco accept, not issue.
David
David
Share Holder
Share Holder

Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by Semalu Tue May 26, 2015 11:04 pm

I just had a chat about this with the Costco manager about 4 days ago after my Visa debit card was refused (Lopez Mateos branch). I also tried my visa card, also refused. The mastercard worked but they made me sign the usual slip of paper despite my having a digital signature on the card. I had understood that this was supposed to be against the law?

I knew the status of my cards were not the issue so I asked and was told that Costco had just signed an agreement with the banks for using mastercard, so if anyone reading this can still use their Visa card, please let us all know.

I also inquired about their requiring you to sign the usual slip of paper, despite also having to use the credit cards digital signature, effectively asking for a double signature. Be aware this removes the security purpose of your digital signature, rendering it redundant. It also means that , if they choose to become unscrupulous about it, there remains the possibility that you could be charged twice for the same purchase.

Eyes open I guess and watch your statements.

Semalu
Share Holder
Share Holder

Posts : 169
Join date : 2015-04-12

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by Canmex 87 Wed May 27, 2015 6:21 am

Semalu wrote:I just had a chat about this with the Costco manager about 4 days ago after my Visa debit card was refused (Lopez Mateos branch).  I also tried my visa card, also refused. The mastercard worked but they made me sign the usual slip of paper despite my having a digital signature on the card. I had  understood that this was supposed to be against the law?

I knew the status of my cards were not the issue so I asked and was told that Costco had just signed an agreement with the banks for using mastercard, so if anyone reading this can still use their Visa card, please let us all know.

I also inquired about their requiring you to sign the usual slip of paper, despite also having to use the credit cards digital signature, effectively asking for a double signature. Be aware this removes the security purpose of your digital signature, rendering it redundant. It also means that , if they choose to become unscrupulous about it, there remains the possibility that you could be charged twice for the same purchase.

Eyes open I guess and watch your statements.

We used our Visa card at Costco (Lopez Mateos) on May 21.

Canmex 87
Share Holder
Share Holder

Posts : 290
Join date : 2010-12-03

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by gringal Wed May 27, 2015 10:38 am

We always pay cash. Using any credit card in Mexico is chancy, IMO.
Besides, why pay a fee?

gringal
Share Holder
Share Holder

Posts : 11864
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by Pedro Wed May 27, 2015 11:06 am

gringal wrote:We always pay cash.  Using any credit card in Mexico is chancy, IMO.
Besides, why pay a fee?
what a concept-eh!
Pedro
Pedro
Share Holder
Share Holder

Posts : 4597
Join date : 2012-11-29
Age : 79

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by slainte39 Wed May 27, 2015 11:28 am

gringal wrote:We always pay cash.  Using any credit card in Mexico is chancy, IMO.
Besides, why pay a fee?


I agree about cash, because you only deal with the transaction one time, instead of twice (buy now, pay later);                                                                          
Do these shopping services that you use, allow you to use a credit card?  I wouldn't think so.

slainte39
Share Holder
Share Holder

Posts : 9348
Join date : 2010-07-22

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by David Wed May 27, 2015 4:42 pm

We used our Chase Visa card today, no problem.
David
David
Share Holder
Share Holder

Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by Whitey Disley Wed May 27, 2015 6:33 pm

They accept Mastercard and Visa.

Whitey Disley
Senior member
Senior member

Posts : 48
Join date : 2015-04-15

Back to top Go down

Costco & Credit/Debit cards Empty Re: Costco & Credit/Debit cards

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum