3 Hidden Downsides to Your Costco Exec…

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 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 - The …

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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 Little-Known Disadvantages Of Costco's Executive Membership

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A basic Gold Star membership at Costco costs $65 per year, while an Executive membership costs $130. But there's a big perk to the Executive membership -- earning 2% cash back on …

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3 Hidden Downsides To Your Costco Executive Membership

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4 days ago · 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 …

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3 Things You May Not Have Known About A Costco Executive …

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5 days ago · Aside from a few caveats and exceptions, Costco Executive members earn the 2% reward for travel purchases. Again, this alone can make the Executive membership worth the …

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3 Lesser-Known Drawbacks Of A Costco Executive Membership

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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 spend …

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3 Hidden Downsides To Your Costco Executive Membership

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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 · 3. The maximum amount of cash back you can earn just increased. On Sept. 1, Costco raised the cost of an Executive membership from $120 to $130. At the same time, it …

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Entry Level Vs. Executive Costco Membership: What's The Real

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One hidden downside is Executive members don't get 2% back on gas. Costco gas stations are often a big part of your Costco spending. Costco gas is cheaper than competitors, and lines at …

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11 Biggest Costco Membership Perks - How To Money

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Jul 11, 2024 · Gold Star Membership: $65 per year, includes 1 household card, available for use at all worldwide locations. Gold Star Executive: $130 per year, includes 1 household card, 2% …

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3 Things You May Not Have Known About A Costco Executive …

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6 days ago · Here are three things you may not know about the Costco Executive membership. 1. The 2% rewards discount is great, but there are limits. The best part of having an Executive …

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FAQs about 3 Hidden Downsides to Your Costco Exec… Coupon?

What are the drawbacks of the Costco executive membership?

The nice thing about the Executive membership is that you earn 2% cash back on your Costco purchases -- and that extends to Costco.com orders as well. But there are a few surprising drawbacks to the Executive membership you should be aware of. 1. Not every purchase gives you cash back ...

Does Costco raise the cost of an executive membership?

On Sept. 1, Costco raised the cost of an Executive membership from $120 to $130. At the same time, it increased the maximum amount of cash back you can earn per year from an Executive membership from $1,000 to $1,250. That may seem like a positive change at first. But it's also unlikely to affect you. ...

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. ...

How much money can you earn from Costco executive membership?

To earn $1,250 in cash back from an Executive membership, you have to spend $62,500 a year at Costco. That's a lot of bulk groceries. For the average shopper, that change won't have much of an impact. ...

What happens if I downgrade my Costco executive membership?

Also, you need to be a paid Executive member at the time the reward is issued to get your certificate. If you downgrade your Executive membership, you lose any rewards you've accumulated. While a Costco Executive membership has some downsides, it can still be a great deal if you shop there often. ...

Does Costco offer a personal membership?

Costco offers two types of personal membership: the Gold Star and the Executive. While the Gold Star costs half that of the Executive membership, more than half of all members opt for the more expensive option. ...