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Comparing Canadian and U.S. Costco Credit Cards

After Costco dropped American Express as the exclusive accepted credit card at its retail stores, they took at MasterCard in Canada and Visa in the United States. Today, we will be comparing the two respective co-branded Costco credit cards available.

Both cards require the cardholder to be an existing Costco member to qualify. Furthermore, in both cases, the cash back is received once per year in the form of a Costco certificate (or rebate coupon).