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Stock impact report

The Best Way to Decide if You Should Renew Your Costco Executive Membership [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
That includes your Costco membership -- especially if you have the costlier Executive membership. For most people, the primary difference between the $120 Executive membership and the $60 Gold Star membership is the Costco Reward. As a Costco Executive member, you earn 2% back on your in-store purchases in the form of an annual Costco Reward (up to $1,000 back). That Reward certificate is at the heart of the decision whether or not to renew. Your Costco Reward should pay for the upgrade Since your 2% back is why you pay twice as much for an Executive membership, that 2% should at least pay for the $60 difference in membership types. In other words, if your annual Reward isn't at least $60, you're probably losing money on the upgrade. Here's what 2% back looks like at different spending levels: Monthly Spend Annual Spend Annual 2% Costco Reward Data source: Author's calculations. So, if you spend at least $250 a month shopping in-person at Costco, you probably break Show less Read more
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