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Costco member benefits with Elavon

Costco Members could save an average of $2,032 per year1

No application fee or monthly statement fees for Costco Executive members.2

Affordable payment solutions at a lower cost exclusively for Costco members.

24/7 Customer support and dedicated support from a Customer Account Manager.

Do you know what you are currently paying for Payment Processing?

Enter information from one of your most recent statements to calculate your overall rate.

The following items need your attention:
How much are your credit card sales?
alert Please enter the monthly card volume.
Example: $5,000
What are your processing rates?
alert Please enter the monthly card fees.
alert Monthly card fees value should be less than the monthly card volume.
Example: $300

After you’ve entered your details, select Calculate rate to see your current rate.

Remember, Costco members receive rates starting as low as 1.10% plus $.12 per in-person qualified swiped or chip transaction.3

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Reach out to our 24/7
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Disclosures
  1. Estimated savings are calculated on annual processing rates and are based on Elavon's analysis of The Strawhecker Group’s industry data survey in payment processing services as of December 2025 on net revenue from merchants of a similar size and type compared to the portfolio. Actual savings will depend on business type, card type, and manner of card acceptance and volume of transactions. Non-Executive Members pay an Application Fee and Monthly Statement Fees. Services provided by Elavon.

  2. Executive Members do not pay an application fee or monthly statement fee. Non-Executive Members pay a $25 application fee and $4.95 monthly statement fee.

  3. Visa/Mastercard/Discover service is sponsored through Elavon. Rates listed are for qualified card transactions. Lodging (at 1.79% plus 20 cents) payments are not eligible for the in-person qualified rate. Additional rate tiers and costs apply to non-qualified transactions. A monthly minimum charge of $20 applies when total monthly transaction fees and per-item charges are less than $20 per month. A $25 Application Fee and $4.95 Monthly Statement Fees apply for non-Executive Members. Rates and fees may change without notice. Rate and acceptance are subject to underwriting and business approval. This rate is for U.S. Costco members only. Call Elavon at 1-800-551-0951 for all terms and conditions.

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