3 Reasons a Costco Executive Membership Is Overrated [Yahoo! Finance]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
Paying the extra $60 can make sense, but for many people, the upgrade is not worth it. Here's why. 1. It encourages you to spend more to make your membership worth it One of the biggest benefits of Costco's upgraded membership is that you get 2% back on Costco purchases. However, in order for those rewards to justify the cost of the membership fee, you have to spend at least $3,000 a year at Costco. Costco's typical customer spends around $3,018 a year at the warehouse club, which is pretty close to the amount needed to cover the Executive membership fee. But you might spend a lot less than the average customer. Or you might be close to spending $3,000, but not quite there. If you're concerned about not getting your money's worth, it's really tempting to put some extra items in your cart to get above that $3,000 threshold to break even. But that's a problem if you're making purchases you wouldn't have otherwise. It may seem silly, but people make these kinds of financial de
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COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website