Quick Answer: How Does Costco Credit Card Compare?

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

So while some people might consider the Costco credit card credit score requirement to be 720+, you should think of it as 750+ just to be safe.

Having a high enough credit score doesn’t guarantee approval, of course.

And it’s possible to get approved with a lower score..

Which Costco membership is the best?

There are two types of Costco memberships:Standard: Costco’s base membership tier, called Gold Star, is $60 annually.Executive: The Gold Star Executive membership is $120 a year. Executive members get an annual 2% reward (up to $1,000) on qualifying Costco, Costco.com, and Costco Travel purchases.

Can you get a credit card with a 550 credit score?

Generally speaking, a credit score of between 300 (the lowest FICO score) and 650 is considered bad credit. However, some card issuers will consider scores of 550 to 650 as being simply poor credit and may consider you for an unsecured credit card.

How long does it take to get approved for Costco credit card?

When you apply for the Costco Citi Visa in person at a Costco location, you may get approved or denied instantly, or it may take up to a few weeks to receive a decision by mail or email. If you’re approved, you can expect to receive your card in the mail within 7 to 10 business days.

What are the levels of Costco membership?

Costco offers three membership levels: Gold Star, Executive and Business. $60 annual membership fee.

Is the Costco credit card a good deal?

The Costco Anywhere Visa’s 2 percent cash back rate for Costco purchases is pretty good for a (technically) no annual fee card. … The Citi Double Cash card offers up to 2 cents back for every dollar that you spend — 1 cent when you make a purchase and another 1 cent when you pay your bill on time — including at Costco.

Does the Costco credit card include membership?

The Citi Costco Anywhere Visa card has no annual fee, but to apply, you must be a Costco member. A basic membership is $60 a year (plus tax). An executive membership is $120 a year (plus tax). The cash back on the card comes in the form of an annual certificate included in February billing statements.

What are the benefits of Costco Visa 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.

How can I get free Costco membership?

17 Ways to Get a Costco Membership for FreeOffset the Membership Cost. Buy Kirkland brand. Buy Tires. … Find a Membership Deal. Create Your Own Test Trial. Check out Groupon and Living Social. … Make Purchases Without a Membership. Buy Alcohol. Buy Prescriptions. … Skip the Membership and Keep the Savings.Final Thoughts.

Does Costco credit card have an annual fee?

on all other purchases Earn Costco cash rewards anywhere Visa is accepted. Plus, no annual fee with your paid Costco membership.

What is the cheapest Costco membership?

Priced at $60, it’s the minimum you can spend to get in the door and start throwing some of that Kirkland-brand goodness –which is often 20 percent cheaper than most other brands in the store — into your extra-large shopping cart. The Gold Star Executive membership is the other option for individuals.

What is the interest rate on Costco credit card?

17.24%The Costco credit card interest rate is 17.24% (V). The V stands for variable – which means your rate is tied to an index, usually the prime rate that banks use to lend to their most creditworthy customers.

What is the minimum credit score for a Citi card?

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.

Does Costco Citi cover trip cancellation?

The Costco Anywhere Visa® Card by Citi will no longer offer Trip Cancellation & Interruption Protection and Citi Price Rewind starting on September 22, 2019, Clark.com has confirmed.

Can I use my mom’s Costco card without her?

Anybody with a Costco gift card can shop at Costco without having their own membership. So, you don’t use somebody else’s Costco card directly: they use their Costco card to buy you a gift card, and then you can use the gift card to shop at Costco.