Merchant Credit Card Processing
Processing rates
Take Credit for Less! Costco has partnered with Elavon to make accepting credit cards affordable.
Costco Member Pricing for VISA/MasterCard Transactions*
Retail
Merchants
1.48%
Plus 20¢ per
card-swiped transaction
Mail/Telephone
Order Merchants
1.99%
Plus 27¢ per
transaction
Internet
Merchants
1.99%
Plus 27¢ per
transaction
Costco members also receive discounted prices on equipment.
Program Features
- Accept Visa, MasterCard, American Express, Discover, debit cards and corporate purchasing cards.
- $4.95 monthly statement fee - waived for Executive Members
- One time $25 application fee - waived for Executive Members
- Live customer service 24-hours a day / 7-days a week
- Free basic online merchant account access
- No batch fees
* Visa/MasterCard/Discover service is sponsored through U.S. Bank. Rates listed are for qualified transactions. Reward cards process at a higher rate. Contact Elavon for details. A monthly minimum charge applies when qualified transaction fees and per-item charges are less than $20 per month. Annual interchange or assessment increases by Visa/MasterCard or Discover may affect these rates. Rates and fees may change without notice. Rate and acceptance are subject to underwriting. Call Elavon at 1-866-548-6819 for all terms and conditions.
