3 Hidden Downsides to Your Costco Executive Membership

Not all Costco purchases are eligible for cash back with an Executive membership -- gas is one notable exclusion.Rewards programs like this one can cause people to spend more than they normally would.You can't use your cash back whenever you want, as it's only issued once per year.

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3 Hidden Downsides To Your Costco Executive Membership - MSN

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Let's say an Executive membership convinces you to splurge more when you shop at Costco. Your yearly spending goes from $8,000 to $9,000. You earn another $20 back, but after …

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3 Unexpected Drawbacks Of A Costco Executive Membership

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Jun 30, 2024 · But there are a few surprising drawbacks to the Executive membership you should be aware of. 1. Not every purchase gives you cash back. If you spend more than $3,000 a …

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3 Unexpected Drawbacks Of A Costco Executive Membership

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Jul 1, 2024 · If you spend more than $3,000 a year at Costco, the Executive membership upgrade makes sense. That's because 2% of $3,000 is $60, which is exactly what the upgrade costs. …

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3 Lesser-Known Drawbacks Of A Costco Executive Membership

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Jul 24, 2024 · Right now, it takes $3,000 in annual Costco spending to make back the $60 it costs to upgrade from a basic membership to an Executive one. Once the new price point kicks in, …

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3 Unexpected Drawbacks Of A Costco Executive Membership

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Jun 30, 2024 · If you don’t snag at least $60 cash back after your first year, Costco will let you downgrade to a basic membership and reimburse you the difference. So if your Executive …

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3 Hidden Downsides To Your Costco Executive Membership

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907.07. -16.82. -1.82%. Costco Wholesale. 3 Nuclear Energy Stocks to Scoop Up Now for Long-Term Upside. 2 Energy Dividend Stocks to Buy This November for Growth and Income. 3 …

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Is Costco Executive Membership Worth It? - The Krazy Coupon Lady

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Sep 2, 2024 · To completely cover the cost of your Executive membership ($130), you’d need to spend at least $6,500 per year at Costco to earn your $130 in rewards. This works out to a …

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3 Things You Probably Don't Know About Your Costco Executive …

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May 15, 2024 · 1. There's a limit as to how much cash back you can accumulate. As mentioned, with an Executive membership at Costco, you get 2% back on your purchases. Spend $1,000 …

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How Costco's Executive Membership Stacks Up To The Regular

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Sep 9, 2024 · Advertisement. Executive members earn 2% "back" on eligible purchases throughout the year in the form of a rewards certificate. Purchases made in-store, online at …

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3 Lesser-Known Drawbacks Of A Costco Executive Membership

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Jul 24, 2024 · Beginning Sept. 1, 2024, the annual fee for a basic membership will be $65 instead of $60, and the Executive membership will be $130 instead of $120. This means you'll need to …

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Executive Membership Benefits | Costco

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From the day you sign up as an Executive Member, your qualified purchases start earning toward your annual 2% Reward. Executive Members can earn up to $1,250 every year on qualified …

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I'll Bet You Didn't Know These 3 Things About Costco's Executive …

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Oct 18, 2024 · The problem with upgrading to Costco's Executive membership is that you risk not spending enough to recoup the extra $65 it costs. It takes $3,250 a year in Costco spending to …

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3 Little Known Perks Of A Costco Executive Membership - Yahoo …

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Sep 24, 2024 · Meanwhile, home lockout assistance will cover up to $100 per occurrence with a maximum of two occurrences per year. 2. Cash back on travel plans. As mentioned above, …

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FAQs about 3 Hidden Downsides to Your Costco Executive Membership Coupon?

What are the drawbacks of an executive membership at Costco?

But here are a few drawbacks of an Executive membership you should know about. 1. Certain purchases aren't eligible for cash back An Executive membership at Costco will give you cash back on most of the items you buy, including appliances and travel packages. ...

Does Costco make you whole if you downgrade to a basic membership?

Costco will make you whole if you choose to downgrade to a basic membership by paying you the difference between the cash back you racked up and the $60 upgrade fee. For example, let's say you spend $2,400 at Costco with an Executive membership one year and get $48 back. ...

What happens if I don't spend enough money at Costco?

If you don't spend enough to earn $65 back during the year, Costco will allow you to downgrade your membership and refund you the difference. For example, if you spend $2,700 at Costco one year and only earn $54 back on your Executive membership, when you go to downgrade, Costco will refund you $11 so you get your $65 back either way. ...

Does Costco make you whole if you don't spend $3000?

But if you have a year when you don't spend $3,000 at Costco to break even on your upgrade cost, don't sweat it. Costco will make you whole if you choose to downgrade to a basic membership by paying you the difference between the cash back you racked up and the $60 upgrade fee. ...