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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.
Even if the bulk of your savings comes in the form of Costco's cheaper gas, if you fill up your car there once a week and save $1.25 per fill-up (which is feasible seeing as how you might save $0. ...
Additionally, based on the Executive membership's 2% cash back rate, if you spend $6,500 a year at Costco, you earn $130. And that covers the cost of your entire membership. It's that simple.
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 ...
Plus, when you buy items in these categories from Costco, you get the benefit of a 90-day return policy. Electronics also come with a free second-year warranty and tech support.
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 ...
During its last earnings call in late May, Costco reported membership fee income of $1.123 billion for the third fiscal quarter of 2024. That was an increase of $79 million, or 7.6% year over year.
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.