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The reason the Executive membership costs double is that it pays you 2% cash back on Costco purchases. You may be torn over whether to keep shopping at Costco or canceling your membership in light ...
For example, if you booked a $2,500 trip through Costco Travel and spent an average of $333.33 monthly on eligible Costco purchases, you will have spent a total of $6,500.
In that case, the Executive membership still makes sense, because a one-off purchase could get you beyond the $3,250 mark. But it's kind of hard to go from $3,000 to $6,500.
Image source: Getty Images. On Sept. 1, 2024, Costco will increase its membership dues. The price of a Gold Star membership will rise from $60 to $65. Likewise, an Executive membership will cost ...
Now, a basic Costco membership costs $65 a year, while an Executive membership costs $130. These prices are slightly higher than Sam's Club, which charges $50 for a basic membership and $110 a ...
A regular Gold Star membership will set you back $65 a year, while its premium Executive membership fee is $130. Costco uses those fees to keep prices low and offset its operating costs.
Based on the current cost of an Executive membership, it takes $6,000 in annual Costco spending to cover that fee entirely. Once the cost an Executive membership goes up to $130, it will take $6,500.
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