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
1.64%
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
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 or MasterCard may affect these rates. Rates and fees may change without notice. Rate and acceptance are subject to underwriting. Call Elavon for all terms and conditions.
* Visa/MasterCard/Discover service is sponsored through U.S. Bank. Certain 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. Rates and fees may change without notice and are subject to underwriting.
** Terms and Conditions apply. Call 1-866-548-6819 for all details and conditions. Service is provided by Elavon. Equipment/software purchase is required and will be reimbursed one year from the date of account activation. Offer not to exceed $319. Must be a Costco member and open a new merchant account in February 2010 to qualify for this offer. A completed free terminal addendum must be returned to Elavon with signed application. Limit one offer per merchant/member and cannot be combined with any other Elavon offer.