Does Costco Do Cash Back? (Answered)

At many Costco locations, customers are able to get cash back on purchases they make using a debit card.

Customers can also accumulate and receive cash back rewards when making purchases using the Costco Anywhere Visa ® Card.

Costco offers cash back for customers making purchases in-store in 2024. You must have a membership in order to make purchases at a Costco.

Does Costco Do Cash Back?

Costco does offer up to $60 in cash back to its customers. When paying for your Costco items with a debit card, you will be offered cash back on your in-store purchase.

In addition to applying for membership, Costco customers can apply for the Costco Anywhere Visa ® Card, which allows customers to accumulate points and receive more cash back on their purchases.

Costco offers cash back to customers in their store locations, though it does not give cash back to customers at their gas stations.

What is Costco’s Cash Back Policy?

According to Costco store policy, customers can only get a maximum of $60 in cash back on their purchase. You can make an additional purchase to secure an additional $60 in cash back if you need more funds in cash.

In order to get cash back at Costco, you must be in store and making a purchase using a debit card or the Costco Anywhere Visa ® Card.

Customers cannot use a check, credit card, or other means to secure cash back at Costco.

Where Can You Get Cash Back in Costco?

Costco offers cash back services inside of its retail store locations. Costco does not, however, offer cash back at their gas stations.

To receive cash back at Costco, you’ll need to be at one of the registers inside of a Costco store to complete your payment transaction.

How Do You Get Cash Back at Costco?

When making your purchase at Costco using a debit card, you will go to one of the check-out registers to make your purchase.

The keypad will prompt you to select your payment type and, upon inserting or swiping your debit card, you will be asked to select a cash back amount ranging from $10 to $60, or none.

Your total will be updated after you make your selection to reflect the purchase total plus the cash back amount requested.

Once your purchase goes through successfully, you can ask the cashier for a specific denomination of bills to suit your needs. The cashier will hand you your cash back, which completes the sale.

If you need more than the $60 maximum in cash, you’ll have to return to the line to make an additional purchase in order to receive more cash back.

What is the Best Way to Get Cash Back at Costco?

The best way to get cash back at any Costco retail store location is to use a valid debit card when completing your purchase transaction at the register. It is here and here only that you will be prompted to receive cash back.

Customers can also use their Costco Anywhere Visa ® Card to get cash back, though the points do accumulate through purchases made by users.

Costco Visa card users can get up to $1,000 in cash back points annually.

Can You Get Cash Back at Costco With a Check?

Customers can only get cash back when making purchases using a debit card, meaning that you cannot get cash back when paying for your items with a check.

Using a check to pay for your purchases at Costco will not allow you to receive cash back, even if you adjust the amount of the check to reflect the cash back amount.

To avoid check bouncing due to insufficient funds, a bank hold, etc. and also to avoid check fraud, Costco only permits cash back to customers using a debit card for payment.

Can You Get Cash Back at Costco WIth a Credit Card?

While Costco does accept major credit cards at most of their store locations, you cannot use a credit card to get cash back at Costco.

The only credit card that Costco accepts in order for customers to earn cash back rewards is the Costco Anywhere Visa Card.

Other than applying for the Costco Anywhere Visa ® Card, customers are limited to receiving cash back when making purchases using a valid debit card.

Does Costco Still Allow Cash Back in 2024?

Costco customers can rest assured that the retail giant still offers cash back in 2024. Customers that make their purchases in-store using a debit card can receive up to $60 in cash back.

Though a debit card is the only conventional way for customers to get cash back at Costco, Costco has recently partnered with Citi bank to offer a Costco Anywhere Visa ® Card credit card.

Customers using this card at Costco can earn even more cash back rewards on their purchases.