Costco membership prices to increase 6/1/17

[skosh69]

While it's not a huge increase, it is an increase. In all fairness, they haven't raised their membership dues in who knows when. We've been members since 1997.

I hope the hotdog combo's don't increase, which haven't seen a price increase since Costco started some 27 years ago. :43:

Effective June 1, 2017, the company will increase annual membership fees by $5 for U.S. and Canada Goldstar (individual), Business, and Business add-on members (“Primary” Members). With this increase, all U.S. and Canada Goldstar, Business and Business add-on members will pay an annual fee of $60. Also effective June 1, annual fees for Executive Memberships in the U.S. and Canada will increase from $110 to $120 (Primary membership of $60, plus the Executive upgrade of $60), and the maximum annual 2% reward associated with the Executive Membership will increase from $750 to $1,000. The fee increases will impact around 35 million members, roughly half of them Executive Members.

Costco currently operates 728 warehouses, including 508 in the United States and Puerto Rico, 94 in Canada, 37 in Mexico, 28 in the United Kingdom, 25 in Japan, 13 in Korea, 13 in Taiwan, eight in Australia and two in Spain. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom, Mexico, Korea and Taiwan.

[sdmc530]

My brother has a membership that the family leaches off. I will have to spot him a ten next shopping trip

[skosh69]

Originally Posted by sdmc530

My brother has a membership that the family leaches off. I will have to spot him a ten next shopping trip

Why? If it's an Executive Membership, he's reaping the benes off all of you shopping on his card. He gets 2% back on all purchases. 2% may not seem like a whole lot, but it adds up.

Our refund checks every year are enough to cover the membership and then some. That's kind of scary if you think about it.

One year, I figured out what our 2% equaled out to in spending, I'll never do that again. Now Mayla just cashes the check and I never see it.

[FfNJGTFO]

Originally Posted by skosh69

While it's not a huge increase, it is an increase. In all fairness, they haven't raised their membership dues in who knows when. We've been members since 1997.

I hope the hotdog combo's don't increase, which haven't seen a price increase since Costco started some 27 years ago. :43:

That's not so bad.... I have a business membership I'll pay it. I renew in September.

[sdmc530]

Originally Posted by skosh69

Why? If it's an Executive Membership, he's reaping the benes off all of you shopping on his card. He gets 2% back on all purchases. 2% may not seem like a whole lot, but it adds up.

Our refund checks every year are enough to cover the membership and then some. That's kind of scary if you think about it.

One year, I figured out what our 2% equaled out to in spending, I'll never do that again. Now Mayla just cashes the check and I never see it.

Yeah, I am sure he is doing fine, but he wouldn't have to let us use his "membership". We don't spend a lot of money there, I get my coffee there and a few other household stuff there. Just not enough to warrant our own membership. We had a sams club membership before and thought that was complete waist. Costco is way better.

[skosh69]

Originally Posted by sdmc530

Yeah, I am sure he is doing fine, but he wouldn't have to let us use his "membership". We don't spend a lot of money there, I get my coffee there and a few other household stuff there. Just not enough to warrant our own membership. We had a sams club membership before and thought that was complete waist. Costco is way better.

Roger that. Buy him a big jug of cheese balls and call it good.

[Riverpigusmc]

wassa Costco?

[DaFadda]

Originally Posted by Riverpigusmc

wassa Costco?

It's like a Walmart for wealthier people.

[FfNJGTFO]

Originally Posted by Riverpigusmc

wassa Costco?

It's a warehouse club like BJ's or Sam's Club. It started out in Washington State, but it grew by buying out a lot of its competitors... one being "The Price Club," where I had been given a membership through a company where I used to work (at that time, it wasn't open to the general public - you had to have some kind of company or bus. affiliation).

[sdmc530]

Originally Posted by DaFadda

It's like a Walmart for wealthier people.

it is more spendy than sams but their products IMO are much higher quality. Their house brand Kirkland has very good quality.....been pleased with most of their stuff.