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PLEASE NOTE: You will receive your check according to your membership schedule. I happen to receive them on January.
Costco give 2% rebate checks to Costco executive members.
Costco’s regular membership fee is $60.00/yr. Executive membership is $120.00/yr. In order for my executive membership to pay for itself, I need to receive $60.00 in rebate check. This year I received $91.31. So, my executive membership paid for itself and I was rewarded $41.31 on top of it. It paid to be an executive member at Costco this year. Last year was a different story. Last year, my reward check didn’t quite cover my executive membership. It was short by $1.42.
Quick math: 2% of $5,000.00 is $100.00
Keep in mind, what I received is a reward check from Costco. If you have a Citi Visa card, you will also receive a Citi Visa reward check. I receive these on February, but you may be on different schedule.
You will receive your reward gift certificate according to your membership renewal date. (Read more from Costco)
The Reward is issued approximately 3 months prior to the member’s renewal date in a Renewal Statement.