Member rates on Elavon card processing, Executive fees waived

Costco members get special rates on credit and debit card processing from Elavon, discounted countertop and portable terminals, next-day deposits at no extra cost and 24/7 support. Executive Members also have the $25 application fee and $5 monthly statement fee waived, worth $85 in the first year.

Conditions: For businesses opening an Elavon merchant account. Retail rates start at 1.10% for small business qualified transactions, with higher rates for reward, premium and keyed transactions; internet and phone orders are priced separately. A $10 minimum monthly charge applies, and card network assessments are extra. Rates can change without notice.