Costco Raises Membership Fees for First Time in 7 Years
TL;DR Summary
Costco announced a membership fee increase starting September 1, with basic memberships rising by $5 and executive memberships by $10. The executive membership will also see an increase in the maximum annual 2% reward from $1,000 to $1,250. While some shoppers are annoyed, many understand the hike, especially with recent employee pay raises.
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- Costco Increases Membership Costs for 52 Million Customers for the First Time in 7 Years PEOPLE
- Costco to raise membership prices for the first time in 7 years SFGATE
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