Do You Need a Costco Executive Membership? Answer This Simple Question to Find Out [Yahoo! Finance]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
There are two tiers of personal Costco membership: Gold Star: $60/year Executive: $120/year If you don't have an Executive membership, you likely get asked about upgrading each time you check out. Even if you have a membership, you may get regular emails about how great it is to renew. But do you really need an Executive membership? More importantly, is it worth the upgrade? The easiest way to get the answer to these questions is by answering a different one. Is your average monthly Costco spend at least $250? Other than some ambiguous "service discounts," the selling point of an Executive upgrade is that you'll get 2% back on your in-store purchases. This comes in the form of an annual Costco Reward that pays out once a year. So, for the upgrade to make sense, you need to get at least $60 back from your Reward each year. Otherwise, what are you paying for?! Here's what 2% back looks like in real terms: Monthly Spend Annual Spend Annual 2% Costco Reward Data s
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News
- Here's How Much You Need to Spend at Costco to Make an Executive Membership Worth It [Yahoo! Finance]Yahoo! Finance
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- Private Investments Used To Be Reserved for the Ultra-Rich, Now 1 in 5 Households Can Buy Them: Should You? [Yahoo! Finance]Yahoo! Finance
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