If you are looking for a credit card with a lower interest rate than a Citibank Costco card may be right for you. The card is a great way to go if you are just starting out and trying to build a good credit history. If you already have a decent credit rating, then you will probably qualify for a Costco card, or if you just want a card that offers the best rates, then the Citibank one may be for you.
Most people who apply for a card are going to get denied. This is due to their credit history, and if you have had any problems with your credit in the past. There are some things you can do to fix your credit score and make it more positive. You can get a secured card, an unsecured card with a low interest rate.
When applying for a card at Costco, you will need to complete a short application form. The application is going to ask you about how long you've been working at Costco, what kind of credit you have, and whether you currently have any loans or credit cards. Once this information is collected, the application will be reviewed by a credit adviser, who will determine if you will be able to qualify for a card at Costco.
Citibank credit advisers are going to help you get approved. They will analyze your spending habits to see if you are using your card appropriately. If you spend too much on your Costco card then you may not be able to use it at all. If you do not spend much then your credit should be fine for a card from Citibank.
When applying for a card at Costco, you should always pay the entire balance of your card off each month. You should also try to pay your bill on time, and pay off the balance every month instead of waiting until the end of the month to pay your bill. If you miss a payment, it can hurt your credit, but most people do not care about this. They want to get the best deals on their cards, and this means paying the full amount on time, so that the card will pay off and the interest will not accrue.
With a Citibank card, it will look much better on your credit history if you pay the entire balance every month than if you just pay the minimum and then use the balance at the end of the month. Also, when you make a large purchase at Costco, pay the full amount on time and keep your monthly payments low.