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. 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 1-866-213-4748 for all terms and conditions.
*** Terms and Conditions apply. Call 1-866-213-4748 for details and refer to priority code 83207. Service is provided by Elavon. Equipment/software purchase is required and will be reimbursed one year from date of account activation. Offer not to exceed $359. Must be a Costco member and open a new merchant account in July 2009 to qualify for this offer. A signed 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.