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Why Does Costco Only Accept One Type of Credit Card?

Why Does Costco Only Accept One Type of Credit Card?

Costco is known for low prices, massive warehouses, and having arguably the most restrictive credit card policy of any major retailer. While Costco stores and gas stations accept most debit cards, they only accept Visa credit cards. Most other retailers accept credit cards from all the major payment networks, which include American Express, Discover, Mastercard, and Visa.