Executive Members earn an annual 2% Reward (up to $1,000) on qualified Costco, Costco. Com and Costco Travel** purchases, as well as greater discounts on Costco Services, such as lower prices on check printing and identity protection, and free roadside assistance for vehicles covered through the auto insurance program.
Another question we ran across in our research was “Should I get a costco executive membership?”.
If you think that you will be a frequent shopper at Costco, then the Costco Executive membership is likely worth it . However, remember that while the intent of Costco is to save money, and you shouldn’t be spending money on random unneeded items just to validate getting the more expensive card.
One question we ran across in our research was “How much does a Costco executive membership cost?”.
For a much more in-depth cost-benefit analysis, check out this really long article from The Penny Hoarder. Currently, a Costco Gold Star Membership costs $60 per year and the Executive Membership is $120 per year . The biggest benefit of being an Executive Member is the “rewards.” What are these rewards?
Then, what are the benefits of a Costco executive membership?
Executive Members: Receive an annual 2% Reward, up to $1,000 , on eligible Costco, Costco. Com and Costco Travel purchases* Enjoy access to extra benefits on select Costco Services* Let’s dig into what each of these means, starting with the annual 2% Reward.
One more inquiry we ran across in our research was “How much does it cost to join Costco as an executive?”.
The most frequent answer is; costco’s base membership tier, called Gold Star, is $60 annually. The Gold Star Executive membership is $120 a year. Executive members get an annual 2% reward (up to $1,000 ) on qualifying Costco, Costco. Com, and purchases. What are the different Costco membership levels?
What is the Costco gold star executive membership?
Costco Gold Star Executive Membership (the upgraded membership level): 2% cash back rewards , up to $1,000 back per year (note that some items, i. e. alcohol in some states, are not eligible for the reward).
You see, costco Gold Star Membership (the standard membership level): 2. Costco Gold Star Executive Membership (the upgraded membership level): 2% cash back rewards , up to $1,000 back per year (note that some items, i. e. alcohol in some states, are not eligible for the reward) “Extra benefits” – includes discounts on insurance, etc.
Moreover, what is the difference between Costco executive and Gold Star?
Executive Membership The Costco Executive Membership is a step up from the Gold Star Membership. It comes with several additional perks, however, the annual fee is $120 per year . Like the Gold Star Membership, you can get a second card for free for a spouse or family member (as long as they live at the same address).
Is the Costco executive card worth the annual fee?
We’ll make it very clear and simple for you: the $120 annual fee for the Executive card is worth it if you spend more than $500 a month or $6,000 a year total at Costco on eligible purchases. Those are the exact numbers needed to get $120 in rewards and break even on the extra yearly cost in the membership fees.
Can I give my Costco executive card to my spouse?
The second card can be given to a spouse or another family member as long as they are 18 or older and have the same place of residence. The Costco Executive Membership is a step up from the Gold Star Membership .
Is a Costco membership upgrade worth the cost?
Costco tempts shoppers to upgrade their memberships by offering a number of perks, but an upgrade comes at a cost . Let’s break it down to see if spending that extra $60 a year would be worth it for you.
Some Costco Services are only available to Executive Members. The Executive Membership upgrade fee is an additional $55 a year for Business or Gold Star Members (plus sales tax where applicable). We will prorate the upgrade amount based on the months remaining in your current membership.