Quick Answer: Is The Costco Credit Card Worth It?

Is Costco credit card hard to get?

Costco members with credit scores of 750 or higher whose most common expenses include gas, travel and dining should consider applying for the Costco Credit Card.

Its regular APR is above average for a card that requires excellent credit for approval.

There aren’t any low introductory rates, either..

Which Costco membership is best?

Overall, I only recommend going with the Executive Membership if you are committed to joining Costco and plan on spending more than $250 per month. If you plan on spending less than this, stick with the Gold Star Member plan.

Can you have a credit score of 900?

A credit score of 900 is either not possible or not very relevant. The number you should really focus on is 800. On the standard 300-850 range used by FICO and VantageScore, a credit score of 800+ is considered “perfect.” That’s because higher scores won’t really save you any money.

Does the Costco credit card include membership?

While the card itself has no annual fee, cardholders must have a paid Costco membership, which start at $60 for Gold Star and Business levels, then doubles in price to $120 for Gold Star Executive and Business Executive members. If you’re already a Costco member, this isn’t really an added cost.

How do I get a free Costco membership?

17 Ways to Get a Costco Membership for FreeBuy Kirkland brand.Buy Tires.Buy Gift Cards.Buy Gas.Buy Movie Tickets.Keep an eye on the “Instant” Costco Coupons.Use Ibotta.Use the “Price Protection” Plan.More items…•

Which is the best credit card in Citibank?

The 10 Best Citibank Credit CardsCitiBusiness® / AAdvantage® Platinum Select® Mastercard®: Best value American Airlines card for small business owners.Citi® Double Cash Card: Best for earning up to 2% cash back everywhere.Citi Rewards+℠ Card: Best for earning ThankYou points with no annual fee.More items…•

What is an excellent credit score?

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

What credit score do you need for a Costco credit card?

740 to 799Applicants need to have excellent credit to qualify for the Costco Anywhere Visa® Card. The exact credit score required varies, but a very good credit score is considered 740 to 799 and excellent credit is 800 and higher, according to Experian.

What credit score does Citi require?

660+You need a good credit score for a Citi credit card in most cases. So you’ll have a shot with a credit score of 660+, and your odds will be good with 700+. But it really depends on which card you’re after. Some Citi credit cards require higher scores, and one has no minimum score at all.

What is the easiest credit card to be approved for?

What Is the Easiest Unsecured Credit Card to Get Approved For?Credit One Bank Platinum Visa: The Credit One Bank Platinum Visa offers cash back with no security deposit required. … Total Visa: The Total Visa is an unsecured credit card designed for people who don’t have perfect credit.More items…•

What credit score does Citi use?

FICO® Scores are just one component Citi uses for lending and credit decisions. However, since we do have the score we want to make it available to you so you’re informed about your credit status and understand what factors impact your score.

Why does Costco not take Mastercard?

From Costco’s website: “Costco has negotiated a long-term partnership with American Express, which allows us to accept their credit cards with reasonable transaction fees. By not accepting Visa, MasterCard, and Discover, we are better positioned to continue offering the lowest prices on our merchandise.”

What are the benefits of a Costco credit card?

Costco Anywhere Visa® Cards by Citi4% cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year and then 1% thereafter. … 3% cash back on restaurant and eligible travel purchases worldwide. … 2% cash back on all other purchases from Costco and Costco.com. … 1% cash back on all other purchases.

What is the interest rate on a Costco credit card?

15.24%Costco Anywhere Visa® Card by Citi Pricing Details. The standard variable APR for purchases is 15.24% and also applies to balance transfers and Citi Flex Plan. The standard variable APR for cash advances is 25.24%. Variable penalty APR is up to 29.99% and applies if you pay late or your payment is returned.

How much is cheapest Costco membership?

$120.00 Annual membership fee ($60 membership fee, plus $60 upgrade fee)* Includes a free Household Card. Valid at all Costco locations worldwide.

How many credit cards should I have?

To prepare, you might want to have at least three cards: two that you carry with you and one that you store in a safe place at home. This way, you should always have at least one card that you can use. Because of possibilities like these, it’s a good idea to have at least two or three credit cards.