Asked by: Bethsabe Tapesh
asked in category: General Last Updated: 7th January, 2020

Is the $120 Costco membership worth it?

The standard Gold Star Costco membership costs $60 a year. An Executive membership costs $120 and entitles you to additional perks like 2 percent back on purchases. That sounds like a steep price to pay just for the privilege of shopping, and I don't blame you for questioning if Costco is worth it.

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Consequently, is it worth being a Costco member?

It takes budgeting and discipline, but if you can limit your purchases to the high-volume, low-risk goods that keep your house a happy one, a Costco membership will be well worth having. Here are the Costco shopping perks members love most.

Furthermore, does Costco really save you money? Costco memberships come with many perks, including cheap gas, vacation deals, and discounts on prescription medication. The store also offers plenty of savings opportunities on top of its already low prices, like coupons and "warehouse savings."

Subsequently, question is, how much do you need to spend to make a Costco membership worth it?

Earn rewards, transfer balances, and explore cards with the best terms for you. Based on the cash-back reward alone, to make the membership fee worth it you'd need to spend $3,000 a year to get back your extra $60 membership fee.

Is Costco worth it for a couple?

Costco is absolutely worth it. It's $55 a year for the normal membership, $110 for the executive. If you get someone to refer you, you both get a $10 gift card. If you buy just your paper products there (paper towels, toilet paper) and other necessities there, you'll easily end up saving money.

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