What Credit cards does Costco Canada accept: Complete Guide

Costco Wholesale Corporation is a renowned American multinational corporation that operates a chain of membership-only warehouse clubs, offering a wide range of products at competitive prices. As a shopper, it is essential to understand the payment options available at Costco Canada to ensure a smooth and convenient shopping experience. In this article, we will explore the credit cards accepted at Costco Canada locations and provide insights into their specific features.

Mastercard: The Exclusive Credit Card Partner

Costco Canada has an exclusive partnership with Mastercard as their only accepted credit card. This means that Visa, American Express, and other credit card providers are not accepted at Costco Canada locations. However, it is always a good idea to check for updates on Costco’s payment options before shopping, as their policies could change in the future.

The Capital One® Costco Mastercard®

In addition to accepting all Mastercard-branded credit cards, Costco Canada has partnered with Capital One to offer a co-branded credit card – the Capital One® Costco Mastercard®. This card provides Costco members with added benefits and rewards, making it a popular choice for those who frequently shop at the warehouse club. Some of the key features of the Capital One® Costco Mastercard® include:

  1. No Annual Fee: The Capital One® Costco Mastercard® does not charge an annual fee, making it a cost-effective option for regular Costco shoppers.
  2. Cash Back Rewards: Cardholders earn cash back rewards on their purchases, with a tiered rewards structure. They receive 3% cash back on restaurant purchases, 2% on gas purchases, and 0.5% on the first $3,000 spent annually on all other purchases (1% cash back thereafter).
  3. Doubles as a Costco Membership Card: The Capital One® Costco Mastercard® also serves as a Costco membership card, providing added convenience to cardholders.
  4. Price Protection: Cardholders enjoy 60-day price protection on eligible items, ensuring they receive the best price on their purchases.
  5. Travel Benefits: The card offers travel benefits, such as common carrier travel accident insurance, car rental collision damage waiver, and baggage delay coverage.
  6. Purchase Assurance and Extended Warranty: Cardholders receive purchase assurance, which covers eligible items against theft or damage for 120 days from the date of purchase. Additionally, the card’s extended warranty benefit doubles the manufacturer’s warranty up to two additional years on eligible items.
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Other Mastercard Options

While the Capital One® Costco Mastercard® offers numerous benefits tailored for Costco shoppers, other Mastercard credit cards can also be used at Costco Canada locations. Some popular Mastercard options include:

  1. BMO CashBack® Mastercard®: This card offers a 1% cash back on all purchases, with no annual fee and a welcome bonus for new cardholders.
  2. Tangerine Money-Back Credit Card: This card allows cardholders to earn 2% cash back on up to three categories of their choice, with no annual fee.
  3. MBNA Rewards Platinum Plus® Mastercard®: With no annual fee, this card offers reward points for every dollar spent, which can be redeemed for travel, merchandise, or cash back.
  4. Scotiabank® Gold Mastercard®: This card offers a competitive rewards program, with points earned on every purchase, redeemable for travel, merchandise, or cash back. It also provides additional benefits, such as car rental discounts and travel insurance.


In summary, Costco Canada currently accepts all Mastercard-branded credit cards, with an exclusive partnership that disallows other credit card providers. The Capital One® Costco Mastercard® is a popular choice among Costco members, offering a better value and offers

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