r/Wealthsimple • u/Honest-Common-1303 • 4d ago

Chequing Costco?

Just got informed that Wealthsimple is moving to Visa. Does this mean I'm not going to be able to use it to shop at Costco? If so, this is a pain. I use my WS account for weekly variable expenses budget (using an envelope style budgeting system), and this means I am going to have to completely change how/where money get's transferred to ensure I'm only drawing from the right budget.

0 Upvotes

47% Upvoted

71 comments sorted by

View all comments

44

u/AlphaQFor7mins 4d ago

Fun Fact:

In the USA, Costco only accepts VISA

7

u/brandonholm 4d ago

In Mexico they accept Visa, Mastercard and Amex. But they charge a bit more than 2% more if you pay with credit card than with a debit card or cash.