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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.
Plus membership: For $110 a year, members at this tier get all the same perks as Club members, as well as free shipping for online orders, savings at the store pharmacy and optical center, 2% back ...
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.
To make the membership upgrade worthwhile, we'll need to spend $3,250 per year at Costco. With 2% cash back, that would get us the $65 cash back to cover the cost of the upgrade.
Image source: Getty Images. In September, Costco raised the cost of its membership fees after keeping them steady for more than seven years. That took the cost of a Gold Star membership from $60 a ...
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 ...
This tier offers greater savings on Costco services and select Costco Travel packages, as well as an annual 2% reward on qualified Costco purchases. With some strategic shopping, the higher fee ...
A basic Gold Star Costco membership costs $65 a year. If you want cash back on your Costco purchases, you can upgrade to an Executive membership at a cost of $130 a year.