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  2. Annual upgrade cost: £34 + VAT. Receive an annual 2% reward* of up to £500* on qualified Costco purchases that can be redeemed in warehouses. Get member-only value beyond the warehouse with access to exclusive offers for your home, life & financial services when using your Executive Membership.

  3. The Reward is approximately 2% of pre-tax purchases (less refunds) of most merchandise purchased through: front-end registers, most ancillary business registers at Costco warehouses, and Costco websites in the U.S. and Canada by U.S. and Canadian residents.

    • Costco Membership Options
    • Costo Gold Star Membership
    • Here's What Costco Executive Membership Gets You
    • How Much You'd Need to Spend to Make Costco Executive Membership Worthwhile
    • Potential Executive Membership Savings with The 2% Reward
    • Is Costco Executive Membership Worth It?

    Costco offers three levels of membership: Gold Star, Business, and Executive. Business Membership only applies to -- you guessed it -- businesses, so here we will concern ourselves with the Gold Star and Executive Membership tiers.

    Costco Gold Star membership costs $60 per year and is the minimum cost for access to any Costco store worldwide. In our previous post breaking down Costco prices versus a traditional supermarket, we calculated about $1,000 in savings annually for a household of two for yearly needs of 25 staple grocery items by buying at Costco rather than a conven...

    Costco's Executive Membership is double the cost of its Gold Star tier at $120 per yearinstead of $60. The Executive Membership tier offers you additional savings on Costco services, but beyond that, the primary perk of Costco Executive Membership is an annual 2% reward on eligible purchases, up to $1,000 in rewards for the year. Eligible purchases...

    In order to receive $60 in reward dollars and recoup the $60 more that an Executive Membership costs, one must spend $3,000 over the course of the year at Costco on eligible purchases, an average of $250 a month. Spend any more than that, and the rest of the reward is profit to spend on more groceries. To hit the maximum$1,000 reward, one would hav...

    The real answer to whether Costco Executive Membership is worth it comes down to the break-even point between the $60 cost to upgrade to Executive, and how much you have to spend at Costco annually in order to receive $60 back in savings. The following chart from Costco's websiteshows where that break-even point is and how much you'll net if you sp...

    If you're already a Costco Gold Tier member, it would be useful to look at a year's worth of purchases to see if you're already hitting the $3,000 level, or even look at a handful of months to see if you're hitting an average of $250 per month. As you can upgrade at any time, now's a perfect time to start earning that 2% back. If you're not already...

  4. Earn cash back rewards on purchases wherever Visa® is accepted. You’ll get 4% back on eligible gasoline purchases for the first $7,000 per year and then 1% thereafter. You’ll also earn 3% on restaurants and eligible travel purchases, including Costco Travel. Get 2% back on all eligible purchases from Costco and Costco.com and 1% on all ...

  5. Calculate Costco cash back rewards, credit card earnings, the value of membership, and more using our Costco Rewards Calculators.

  6. $65.00 Annual membership fee* Includes a free Household Card. Valid at all Costco locations worldwide. You can find more details on each type of membership and even sign up right here. Please keep in mind that the Costco double guarantee applies to all membership levels.

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    Up To 60% Off Costco Official Sale. Shop Costco Online for Great Prices at Store Sale & Clearance.

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