Beginning July 22, JPMorgan Chase will no longer charge overdraft fees incurred by purchases that cost $5 or less, according to the bank's checking disclosure notice. The new policy will prevent customers from wracking up outsized fees for small purchases -- like a $34 overdraft fee for a $3 slice of pizza.
Now, more cardholders than ever can earn credit card points and miles at checkout. Costcoâs decision to accept only Visa credit cards was a cost-cutting strategy. But the move is also something of a throwback, reminding us of the â70s and â80s, when networks were the stars of the credit card world. You used to see advertisements from Visa and MasterCard on TV and in magazines.
Visa is now the only major credit card accepted at Costco warehouses. Costco now accepts all Visa cards in their warehouses and gas stations in the U.S. and in Puerto Rico. Costco is one of the world's leading retailers with more than 700 warehouses and over 85 million members worldwide. More information about your Visa card at Costco.