Quick Answer: How Do I Maximize My Costco Executive Membership?

Which membership is better at Costco?

Overall, I only recommend going with the Executive Membership if you are committed to joining Costco and plan on spending more than $250 per month.

If you plan on spending less than this, stick with the Gold Star Member plan..

Does Costco refund executive membership?

At the end of the year if you haven’t earned at least the money you spent on the Executive Membership, they will refund you the difference between the Executive and Standard memberships (about $60), and downgrade you to the Standard Membership retroactively.

Do Costco Executive members get in early?

The early member hours was one of the big benefits to those who held an Executive or Business membership because everyone was able to get into Costco one hour earlier than the Gold Star members, and that meant less crowds inside the warehouse and shorter lines for check-out.

What is the difference between Costco Gold Star and executive membership?

The standard Gold Star membership is $60 annually, while the Gold Star Executive is $120. … Gold Star Executive members get additional benefits, including an annual 2% reward (up to $1,000) on qualifying Costco, Costco.com, and Costco Travel purchases.

Is the executive membership at Costco worth it?

If you are disciplined enough to pay off your balance each month, the rewards card makes more sense than an Executive Membership. For those who are not, or people who simply don’t want or need another credit card, the Executive Membership can be worth it if used well (and often).

How much do you have to spend at Costco to break even?

In order to break even at Costco (assuming a $60.00 per year membership), you have to spend at least $600.00 per year.

How do you get free Costco membership?

Use a Household Card If you live with a Costco member, you might be able to get a free membership card in the form of what Costco calls a “Household Card.” Costco’s individual membership comes with one membership card for the primary member as well as one free Household Card.

What’s the best day to go to Costco?

The perfect time to shop Costco is between Tuesday and Thursday, arriving between 3 and 4pm. Let’s look at why, utilizing process of elimination: MONDAY: No good. For one, parents traditionally use this day to catch up after the weekend and restock for the week.

Does Costco deliver for free?

With its new two-day delivery service, Costco will deliver items marked on-site as “CostcoGrocery” to your house, offering free delivery on orders of $75 or more. … While delivery is free with orders more than $35, Instacart does charge a 10% service fee on top of all orders.

What is the benefit of a Costco executive membership?

Executive Members earn an annual 2% Reward on qualifying purchases at Costco, Costco.com, and Costco Travel. Plus, additional benefits are available on our suite of Costco Services. We offer a 100% satisfaction guarantee and will cancel and refund membership fees at any time if a member is dissatisfied.

How do I get the most out of my Costco Executive Membership?

8 Ways to Squeeze the Most From Your Costco MembershipFill your prescriptions. … Get discounted tickets and gift cards. … Feed your family dinner on the cheap. … Book a vacation. … Buy booze. … Get free health care screenings. … Buy lower-priced gas. … Purchase new tires.

How much do you need to spend at Costco to make executive membership worth it?

Based on the cash-back reward alone, to make the membership fee worth it you’d need to spend $2,750 a year to get back your extra $55 membership fee.

Is Costco worth it for one person?

Shopping at a warehouse club such as Costco is a no-brainer if you have a big family to feed. Buying in bulk can help you get the lowest per unit price on many items and keep your grocery bill manageable. … However, even a single person can save money by shopping at Costco.