I can dispute a charge to a CC and am not standing out the cash (unlike debit)Ģ. UK here, I use credit card for almost everything:ġ. If you have any questions and wish to contact us, click here:Ģ021 .uk is a trading name for Amazon EU Sarl, for Amazon Media EU and for Amazon Services Europe Sarl, all of which have their registered office at 38 avenue John F. Please note that this e-mail is being sent from an e-mail address that cannot receive e-mails. Subject: Visa credit cards will not be accepted, starting 19 Jan, 2022 A very, very basic email - interesting 'From' address though. This is what I remember back in the day when Costco made this announcement.įWIW, as a UK Amazon buyer with a Visa Credit card, I received an email this morning with Subject line "Visa credit cards will not be accepted, starting 19 Jan, 2022" and nothing but my name in the body.
So made sense retailers prefer Visa/MC because they have lower transaction fees. I recalled Amex have higher transaction fees, I believe higher than Discover, and Amex explicitly disallow passing the fee to the consumers. Amex don't have a lot of retailers coverage (they used to be popular back in the 80s/90s), same for Discover. It helps me a lot because I don't and never have Amex. So by moving to Visa (they have largest cardholders than Amex/Discover in America), Costco gained more consumers so the consumers can use their Visa credit card without resorting to debit card. The only way we can use our Visa card is through debit card only. Costco ran into this with American Express, though in retrospect the move to Visa seems like a worse move (more non-Costco Visa cards in circulation).Ĭould you expand on it a worse move for Costco? I thought it was great they moved to Visa because majority of Americans does not have Amex for credit card.
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