Costco and Affirm Just Made It Easier to Buy Big
Costco just made it easier for members to make major purchases without having to pay in full upfront. The bulk retail giant announced a new partnership with Affirm, the pay-over-time fintech company, offering a flexible monthly payment option for online shoppers.
Starting this week, Costco.com customers can use Affirm at checkout for purchases over $500. The plans—ranging up to $17,500—come with clear terms and no hidden or late fees. Unlike traditional credit cards, Affirm provides real-time eligibility checks and allows users to select personalized monthly payments with fixed interest rates.
"As summer approaches, we're seeing more consumers turn to Affirm to prepare for the season ahead—whether it's outdoor entertaining essentials, like a new barbecue or patio furniture, a storage shed, or a new set of appliances,” said Pat Suh, Affirm’s senior vice president of revenue. “Costco members in particular know the value of planning ahead and buying in bulk.”
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The move signals Costco’s continued evolution in meeting consumer needs beyond bulk savings, providing more purchasing power for shoppers looking to make large, practical investments. From outdoor gear to kitchen upgrades, the program gives users a way to budget larger expenses while maintaining transparency.
Consumers spent $250 billion at Costco warehouses and online during the 2024 fiscal year, according to the company. This latest offering could expand that number by making higher-cost items more accessible. Affirm’s approval process is instant, and payment terms can be viewed before committing—giving shoppers clarity and control.
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Affirm’s business model has drawn attention for its emphasis on honest lending and the absence of penalty fees, setting it apart from some “buy now, pay later” competitors. With this new option, Costco shoppers can expect more than just savings—they’ll also get flexibility.