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.
American Express cards will continue to be accepted at Costco stores until June, or perhaps mid-summer, when the contract will be switched to Citi. Costcoâs switch from American Express to Visa is being pushed back to this summer. Itâs now saying that transition will happen in June or by midsummer.
The way to buy anything on Costco without a membership is with the Costco Cash Card. The tricky part is that you must be a Costco member to purchase or reload cash cards. One way to get around that is to ask a friend or family member with a Costco membership to buy you a $10 prepaid cash card. Some stores may only have $25 cash cards available. Another is to buy a Costco Gift Card online. You can use the cash card to get into Costco and pay for part of your purchase.