PAYMENT PROCESSING
New lower rates
start in 2016
HAPPY NEW YEAR! Just when you
thought it might be tougher to achieve that
New Year’s resolution of cutting costs,
Elavon, Costco’s payment processing service provider, is offering a helping hand.
The old rate of 1. 38 percent plus 19
cents per swiped or dipped qualified transaction will be replaced beginning January 1,
2016, with a new rate of 1. 22 percent plus 12
cents for retail accounts. That can add up to
significant savings for businesses. Existing
customers automatically receive the new
rates with no action required. New rates will
be reflected in your February statement.
Elavon’s expertise and dedication to
customer service can help you accept all
major payment cards so you never miss a
sale. Their customer service reps will customize a solution to meet your needs.
Elavon will even perform a free statement
analysis of your current service to let you
know how much you can save. With
Elavon’s payment processing solutions, you
never pay an annual fee, batch fees or
reporting fees.
For more information about this, go to
Costco.com and search “new rates.”
To learn more about our complete suite of Costco services,
click on the “Services” link at Costco.com or call toll-free 1-800-220-6000.
Terms and conditions apply. See “Services” at Costco.com for details. All services are provided by third parties and may not be available in all areas. Services and offers are subject to change without notice.
UPDATE
ServicesCOSTCO
COSTCO HEALTH
INSURANCE
MARKETPLACE
Getting covered during
open enrollment time
UNDER HEALTH-CARE reform, annual
enrollment, or open enrollment, is the
time period each year when people who
need health insurance can sign up for
an individual insurance plan. During
this time, anyone who wants to purchase health insurance has the opportunity to do so despite circumstances
such as health or age. January marks
the end of the enrollment period, so
here are some important dates to
remember if you plan to enroll.
January 1, 2016: 2016 coverage
starts for those who enrolled or changed
plans by December 15.
January 15, 2016: Last day to enroll
in or change plans for new coverage to
start February 1, 2016.
January 31, 2016: 2016 open
enrollment ends. Enrollments or changes between January 16 and January 31
take effect March 1, 2016.
Costco helps members shop for
and find the health insurance plan that
is right for them. Learn more at the
Costco Health Insurance Marketplace
at costcoquote.com. For more information on navigating the Marketplace,
see the services article on page 135.
COSTCO AUTO PROGRAM
A trifecta of savings
is ending soon
THE GM HOLIDAY Sales Event, featuring a wide
selection of Chevrolet, Buick, GMC and Cadillac
models, ends on January 4. Register with the
Costco Auto Program to receive the following
trio of benefits on your eligible purchase:
• GM supplier pricing.
• Applicable manufacturer rebates
and incentives.
• Costco Cash card: $700 for Executive
members; $300 for Gold Star and
Business members.
BUSINESS CHECKS AND FORMS
Don’t wait until
tax season
IF IT’S A new year, tax season is right around
the corner. This is a good time to take inventory of all of the tax forms you might need.
Costco’s check printing provider,
Harland Clarke, offers a wide variety of IRS-approved tax forms businesses will need, for
up to 50 percent off typical retail prices.
“Ordering your tax forms early ensures that
you have the necessary paperwork when you
begin preparing your taxes,” says John Ashe,
senior market segment manager for Harland
Clarke. “Our tax forms
are compatible with
most accounting and
financial software pack-
ages, including Intuit,
QuickBooks and Sage.
Continuous forms for
dot matrix or pin-feed
printers are also avail-
able, as well as IRS-
approved plain paper
forms.”
For more informa-
tion, go to Costco.com
and click on “Services,” then “Business
Checks & Forms,” or call 1-866-393-6048 to
talk to a Costco customer service agent.
To qualify for the higher-value Costco
Cash card, Gold Star and Business
members can easily upgrade prior
to purchase.
Visit Costco.com and search “GM5” or
call 1-800-895-0971. See costcoauto.com for
restrictions and eligibility.
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Image from GM?
Image from GM?
