Image source: Getty Images For many people, an annual Costco membership more than pays for itself. That's because the warehouse club giant offers great deals on a host of products year-round. And if you do a lot of shopping there, you might rack up a much lower credit card tab than you would at supermarkets and big-box stores.
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.
Costco (COST) closed at $515.59 in the latest trading session, marking a +0.15% move from the prior day.