This is easy to meet if you have frequent, large shopping trips.

Have a large family: If you spend $6,000 annually, the Executive membership will pay for itself in rewards.I was an Executive member for four years and didn't sign up for any discounted Costco services, but if the services look enticing to you, the Executive level may be worth it.Īn executive membership may be right if you: If you make frequent basket-filling trips to the grocery store, the Costco Executive membership could pay for itself in rewards. The maximum reward you can earn in a year is $1,000. That said, some purchases that don't count toward your reward are tobacco products, gas, stamps, gift cards, and alcoholic beverages. The main benefit is the annual 2% reward: 2% of qualifying purchases at Costco or are refunded yearly as a certificate that must be used at Costco. The Executive membership costs $120 per year and offers all of the above plus more. If you want to add more people, you must buy an additional membership. The fee covers membership for two people who live in the same household.

There are ways to shop at Costco without a membership, but paying the $60 per year fee will likely save you in the long run. The main benefits are you can shop at any Costco store worldwide and access its services, including home and auto insurance, deals on vehicles and auto services, bottled water delivery, and Costco gas stations, which often beat competitor stations by 10+ cents per gallon. The Gold Star membership is Costco's basic membership.

The Costco Executive membership costs twice as much as the Gold Star, but depending on your situation, it may be worth the extra $60.

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