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.
One other benefit of the cash card is you donât need a membership to use it in the store-so your buddy can stay home. @Mike Murphy: Unless you have a Citi AA Amex card there is no way you used a Visa or Mastercard at Costco stores.he key is to buy Costco Cash Cards from the Costco website. And then pay with the them using your choice of Visa, Mastercard, or Discover, all of which are accepted on-line.