Is a Costco Executive Membership Worth an Extra $55 a Year? -- The Motley Fool

Is a Costco Executive Membership Worth an Extra $55 a Year? -- The Motley Fool

The primary benefit of an executive membership is that, once a year, Costco will reimburse you for 2% of the amount you spent at the warehouse chain over the past 12 months. Thus, the issue boils down to whether or not the potential savings will more than offset the added $55.

In most cases, it will. I say that because all it takes is a total of $3,000 spent at Costco over the course of a year to translate into $60 worth of savings. On a monthly basis, that equates to $250 in purchases -- which, speaking from experience, is enough to cover about one and a half trips to Costco for a family of four. If you spend more than that, as you can see in the chart below, your savings can grow to a maximum of $750 per year.

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