Is a Costco Executive Membership Worth It?

Table of Contents

Since 2013, Costco has expanded to 15 stores with over 150,000 paid-up memberships. In 2023, Costco introduced a new membership tier – the Gold Star Executive Membership, priced at $130 per year, twice the cost of the regular Gold Star membership at $65 per year.

What benefits come with the Executive Membership?

Is it worthwhile to make an upgrade?

Today, we’ll exclusively assess the value of upgrading to an Executive Membership if you already hold a standard Membership. We’ll employ a straightforward method to determine whether the upgrade is advisable or not.

No Data Found

Analyzing the chart reveals a clear trend: If you spend $3,250 at Costco annually (equivalent to $271 per month), upgrading to the Executive Membership essentially becomes ‘free’ when compared to the standard membership. Moreover, once your annual spending surpasses $6,500 (equivalent to $542 per month), you might effectively obtain the Executive Membership for ‘free.’ If you’re already a member, a quick check of your last year’s bank statement can help. If your total expenditure exceeds $3,250, there’s a compelling reason to upgrade your membership if you haven’t already.

What additional benefits come with an Executive Membership?

What steps should I take if I am dissatisfied with the Executive Membership?

If you are not satisfied with the Executive Membership, you have the option to either cancel or downgrade to a standard membership. A refund for the current Executive upgrade fee will be issued. However, if there are any unredeemed 2% rewards, they will be forfeited. In the case of redeemed 2% rewards, the corresponding amount will be deducted from the refund, and any excess beyond the refund amount will be forfeited.

Leave Your Comments

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Broadband

The Most Affordable NBN100 Plans

Which NBN100 Plan Offers the Best Affordability? What is NBN100 ? NBN 100 represents one of the speed tiers available through the National Broadband Network,
Read More »
Broadband

The Most Affordable NBN50 Plans

Which NBN50 Plan Offers the Best Affordability? What is NBN50? NBN50 plans, also called ‘Standard,’ provide download speeds of 50 Mbps and upload speeds of
Read More »
Broadband

The Most Affordable NBN25 Plans

Which NBN25 Plan Offers the Best Affordability? What is NBN25? NBN25 is a prominent speed tier offered by Australia’s NBN and is referred to as
Read More »
0
Would love your thoughts, please comment.x
()
x

Feedback

We value your input! Please take a moment to share your feedback with us. Your thoughts help us enhance your experience.

Leave Your Review

Would you mind taking just 5 minutes to share your thoughts about your ISP/Mobile Carrier? Your insights can greatly assist others in making informed choices.

Error Report