Costco has partnered with the 'pay over time' platform Affirm to change the shopping experience for its members. Beginning this week, members can check their eligibility and select personalized monthly payment plans for purchases ranging from $500 to $17,500, targeting bulk buyers. This initiative aims to assist consumers who are seeking alternatives to traditional credit during inflation and economic uncertainty. Affirm's Pat Suh emphasized the value Costco members find in planning larger purchases effectively and managing their expenditures without hidden fees.
Starting this week, Costco members can undergo a quick, real-time eligibility check with Affirm before choosing from personalized monthly payment plan options.
As summer approaches, we're seeing more consumers turn to Affirm to prepare for the season aheadâwhether it's outdoor entertaining essentials, like a new barbecue or patio furniture.
Costco members in particular know the value of planning ahead and buying in bulk. We're excited to offer them an alternative to traditional credit, helping them confidently manage their spending on larger purchases without hidden fees.
The announcement from Affirm and Costco comes just a week after Costco.
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