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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 ...
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 ...
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.
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.
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.
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.
Costco's Gold Star membership costs $65 per year, so you'll pay the standard membership fee if you purchase this deal. But considering you'll receive a free $45 to spend at Costco later, your ...
If your Costco shopping comes to more than $3,250 per year, that cash back alone will cover the extra $65 Executive membership fee. If you spend $6,500 per year, the entire membership fee will pay ...