Costco's membership options include Gold Star, Business, and Executive Memberships. To apply for the Costco Anywhere Visa Card, one must have an active Costco membership. The card does not cover the membership fee but incurs no additional annual charge. The Executive Membership provides the best incentives, such as a 2% cash back on eligible purchases and discounts on services like insurance and travel, although it has a $130 annual fee. The Anywhere Visa Card can be used for purchases anywhere Visa is accepted, bridging both Costco members and casual shoppers.
"You need to pay for a membership with the store before applying for the credit card. The credit card has no annual fee, providing great value."
"The Executive Membership has the most benefits, including a 2% reward on qualifying purchases and discounts on various Costco services, albeit at a higher fee."
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