Costco Offering Buy Now, Pay Later With Affirm. But Is It Worth It?

Costco has announced a partnership with Affirm to offer Buy Now, Pay Later (BNPL) plans for online purchases between $500 and $17,500.

This BNPL plan allows customers to split purchases into up to 36 payments over several months, with interest charges. In contrast, typical pay-in-four BNPL options let you split a purchase into four weekly payments with no interest. Shoppers should weigh the benefits and costs before choosing this new payment option.