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But if you then book a $3,000 vacation, you're at $6,600, which means you not only get your $130 Executive membership fee back, but you also walk away with an additional $2.
But the Executive membership at Costco also gives you 2% cash back on your purchases. And if you spend enough money at Costco, you may earn enough cash back so your membership is effectively free.
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.
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.
Costco is increasing membership fees in September. Depending on the membership, the fee will rise between $5 and $10 per year for shoppers in the United States and Canada.
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 ...
Costco membership prices have not increased in 2023, and the last time the company raised its membership fees was in 2017. Can I Get a Free Costco Membership? Costco does not offer free or ...
Beginning on Sept. 1, 2024, a Gold Star membership will cost $65 annually, and an Executive membership will cost $130. Some shoppers may be disappointed to learn about the $5 to $10 membership ...