How much do you have to spend to make Costco executive worth it?
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.
Is Costco executive rewards worth it?
The card has a number of nice perks to it that make it a keeper, such as 4% cash back on gas, 3% on restaurants and travel, 2% back on all purchases at Costco and Costco.com, and 1% back on all other purchases. But, those rewards are irrelevant in the Gold Star Executive versus Gold Star calculation. Do Costco Executive members get to shop early? Though Costco used to offer their Executive Members access to stores one hour earlier than other members, this is no longer the case. All member tiers are welcomed in at normal store opening times.
In respect to this, what is the difference between costco gold star and gold star executive membership?
The standard Gold Star membership is $60 annually, while the Gold Star Executive is $120. Both memberships come with one household card, valid at all of Costco's 760-plus locations across the US; they also offer access to Costco gas stations and other member-only perks. What is the #1 selling item at Costco?
People also ask which membership is best at costco?
The Gold Star membership is $60 a year, and the Gold Star Executive membership is $120 a year, which includes an annual 2% reward on Costco purchases and cheaper car rentals and hotel stays through Costco Travel. You can buy from Costco online without a membership, but members get 5% off each purchase. How much do you get back with Costco Executive Membership?
Costco Executive Members receive a 2% Reward on qualified purchases (see calculation of 2% Reward below). Reward is capped at and will not exceed $1,000 for any 12-month period.
How much do you have to spend at Costco to break even?
As you can see from the chart, spending $250 a month is the break-even point for whether an Executive Membership is worth it. Look back at your Costco expenses from the past year. You can also ask how do i change my costco membership from executive to gold star? At that time, one of our helpful employees will be happy to update your information and provide you with a new membership card. If you're wanting to reverse your Executive Membership, please visit the membership counter of your local Costco. Or, call Member Services at 1-800-774-2678.
How does the Costco Executive Membership work?
Executive Members earn an annual 2% Reward on qualifying purchases at Costco, Costco.com, and Costco Travel. Plus, additional benefits are available on our suite of Costco Services. We offer a 100% satisfaction guarantee and will cancel and refund membership fees at any time if a member is dissatisfied.
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