Does Costco accept HSA cards?

Can I buy groceries with my HSA card?

No, you can't use your Flexible Spending Account (FSA) or Health Savings Account (HSA) for straight food purchases like meat, produce and dairy. But you can use them for some nutrition-related products and services. To review, tax-advantaged accounts have regulatory restrictions on eligible products and services.

What happens if I accidentally used my HSA card for groceries?

You can repay the incorrect distribution before filing your federal taxes for that tax year. However, if you do not correct the mistake, the unqualified amount will be subject to income tax, and you may also face an additional 20% tax penalty.

How to get a Costco card for free?

What are the new rules for Costco?

"Over the coming months, membership scanning devices will be used at the entrance door of your local warehouse. Once deployed, prior to entering, all members must scan their physical or digital membership card by placing the barcode or QR Code against the scanner," Costco said in a statement in August.

Can I pay with debit in Costco?

Terms of Payment

All purchases must be made by cash, debit card, Costco Shop Card, preprinted personal cheque or by those credit cards accepted by Costco from time to time.

Can I use someone else's Costco card?

Costco membership is non-transferrable. This means only you can use your membership card. Each membership comes with two cards, so you can add one member of your household. Otherwise, you're allowed up to two guests while you shop -- but a member must pay at checkout.

Does Costco accept EBT?

"All our warehouses accept EBT cards. Costco complies with all state laws regarding what can be purchased with EBT cards. For a complete list of products that can be purchased with the EBT card, please contact your state agency," Costco reports on its website.

How much does it cost to join Costco for seniors?

As of 2025, Costco does not offer a specific discount for seniors on either memberships or in-store purchases. The starting price of a Costco membership is $60 per year, paid in one lump sum. Costco discounts on hearing aids, gas, and general merchandise make a membership worth it for seniors.

Does Costco accept HSA debit cards?

EBT cards. Mobile Payment (Apple Pay, Google Pay, Samsung Pay) FSA/HSA Visa or MasterCard Debit cards are accepted at Pharmacies, Optical and Hearing Aid Departments. Filtered Spend Visa/Mastercard*

Where can I use my HSA card?

Why is my HSA card being declined?

Card declines can occur because funds have expired, new cards have been issued, the card does not have sufficient funds or various other reasons.

What payment options does Costco accept?

What payment methods are accepted at Costco? U.S. Costco warehouse locations accept: All Visa Cards The Costco Anywhere Visa® Card by Citi Most PIN-based Debit/ATM Cards Costco Shop Cards* Cash Personal checks from current Costco Members Busi...

How much do you have to spend at Costco to get $120 back?

If you spend $3,000 a year at Costco, you'll get $60 back from your Executive membership. That's enough to cover the cost of your upgrade from a basic membership. But if you spend $6,000 a year at Costco, your Executive membership will give you $120 back.

What is the new Costco policy for 2024?

Membership Price Increase

A hike in Costco membership fees has been rumored for years, but now it's here. Costco individual membership went up $5 to $65 per year and the higher-tier executive membership was raised $10 to $130 per year. “The most important item we sell is the membership card,” Vachris said.

How to get Costco membership for $20?

StackSocial currently has a one-year Costco Gold Star membership for $65 available for purchase on its website. A customer receives a Digital Costco Shop Card worth $45 with the purchase, essentially lowering the cost of the membership to $20.

Which is better, Sam's Club or Costco?

Costco's membership fees are more expensive and the prices of basic products at Sam's Club are generally cheaper. Costco has more stores worldwide, but Sam's Club has more stores in the U.S. Costco has a larger store foot print in terms of total square footage.

How to go inside Costco without a membership?

There are still ways to shop without a membership: online, with a gift card, or as a member's guest. The extra charges and hassle of workarounds can quickly add up to more than the annual fee, though.

How does IRS know what you spend HSA on?

Verification of expenses is not required for HSAs. However, total withdrawals from your HSA are reported to the IRS on Form 1099-SA. You are responsible for reporting qualified and non-qualified withdrawals when completing your taxes.

What can I not use my HSA card for?

Other items that aren't eligible include maternity clothes, funeral costs, child care for healthy babies, toiletries, over-the-counter medicine, swimming lessons and elective cosmetic procedures. You also usually can't use HSA money to pay for health insurance premiums unless you meet certain criteria.

Can I buy deodorant with HSA?

Deodorant reimbursement is not eligible with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).