I didn’t know annual membership for Costco was increased in July 2017. Since the fee increase took place 6 months ago, 50% of you have already renewed membership with increased rate. But, there are about half of us, including me, who didn’t know about price increase.
$120 plus tax is $131.40. In order for executive membership to pay for itself, You need to receive $65.70 on 2% rebate check (make qualifying purchase of $3,285.00)
4 years ago I spent $5,249.50 – My executive membership paid for itself and then some.
Last year I spent $2,929.00 and I just received a check for $58.58. This check doesn’t pay for my executive membership. In fact, I lost $7.12. I may have to downgrade my membership… we’ll see…
I spend less money at Costco now. I have everything I want (TV, Clothes, Kitchenware..). I don’t have much more to buy at Costco except food items. It is interesting that I shop less at Costco now that I have more money.
Costco executive member 2% rebate check for 2017 purchases
(received January 2018)
Costco executive member 2% rebate check for 2013 purchases.
(received January 2014)