What do you get with Costco Executive Membership?
What are the benefits of a Costco Executive Membership? Executive Members: Receive an annual 2% Reward, up to $1,000, on eligible Costco, Costco.com and Costco Travel purchases* Enjoy access to extra benefits on select Costco Services*
What is the benefit of a Costco executive membership?
Executive Members earn an annual 2% Reward (up to $1,000) on qualified Costco, Costco.com and Costco Travel** purchases, as well as greater discounts on Costco Services, such as lower prices on check printing and identity protection, and free roadside assistance for vehicles covered through the auto insurance program.
How much do you have to spend to make Costco executive worth it?
We’ll make it very clear and simple for you: the $120 annual fee for the Executive card is worth it if you spend more than $500 a month or $6,000 a year total at Costco on eligible purchases. Those are the exact numbers needed to get $120 in rewards and break even on the extra yearly cost in the membership fees.
Do Executive members get early access to Costco?
Conclusion. Though Costco used to offer their Executive Members access to stores one hour earlier than other members, this is no longer the case. All member tiers are welcomed in at normal store opening times.
What’s the difference between Costco Gold Star and executive membership?
There are two types of Costco memberships: Standard: Costco’s base membership tier, called Gold Star, is $60 annually. Executive: The Gold Star Executive membership is $120 a year. Executive members get an annual 2% reward (up to $1,000) on qualifying Costco, Costco.com, and Costco Travel purchases.
Does Costco Executive Membership include gas?
You can use the certificate to pay for most items you buy at the register in a Costco warehouse. Purchases that do not qualify for the 2% reward include: Cigarettes and other tobacco-related products. Gasoline.
Does Costco Executive Membership include roadside assistance?
Roadside assistance covers costs of roadside assistance, like when you have a dead battery, lock your keys in your car or get a flat tire. It covers up to $75 per incident, and it’s included at no extra cost if you have a Costco Executive Membership.
Is Costco Executive Membership a credit card?
A Credit Card for Nearly Every Level of Credit
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.
How do I redeem my Costco executive rewards?
Simply present your emailed or mailed certificate at any U.S. or Puerto Rico Costco Warehouse to redeem it for cash or merchandise. Once the certificate is issued, you can also access it on the Citi Mobile® App.
What does the average person spend at Costco?
For many Costco shoppers, the retail giant has a lot to offer. Being able to buy in bulk and get members-only deals on hot items are some of the biggest advantages of being a Costco cardholder. The average Costco shopper spends $114 a trip and goes every two weeks. That’s more than $2,700 a year spent at Costco.
Can I use my mom’s Costco card without her?
Keep in mind that purchasing items is exclusive to Costco members. If you’re the Primary Member or Account Manager, you can assign your free household card to one other person in your home. That way they’ll also get the benefits of a Costco membership.
How do I downgrade my Costco membership from gold to executive?
If you’re wanting to reverse your Executive Membership, please visit the membership counter of your local Costco. Or, call Member Services at 1-800-774-2678.
How do I upgrade my Costco Executive Membership?
If you’re the Primary Member or Account Manager on your Costco membership, you may upgrade your membership online, in person at your local warehouse, or by calling 1-800-774-2678.
Do Costco executive rewards expire?
When does the credit card reward certificate expire? Your credit card reward certificate from your Costco Anywhere Visa Card expires on December 31st of the year of issuance. The certificate has no value if not redeemed in person at any U.S. Costco warehouse, including Puerto Rico, before the expiration date.
Can I cash my Costco executive rewards check?
Costco credit card rewards certificates can be redeemed for merchandise in the Costco warehouse, or you can cash it out. If you want cash, Costco reserves the right to pay you by cash, check, or electronic transfer.
Is Costco Executive Membership retroactive?
With the Executive Membership, you get 2% cash-back on most purchases made at Costco. So you can pretty much earn the membership cost back by the end of the year! #Winning! Your rebate comes back to you in the form of a rebate check.
How much do I have to spend at Costco to get money back?
In order to reach the max $1,000 reward, you’d need to spend approximately $50,000 per year. If you just want to cover the extra $60 upgrade fee, you’re looking at $3,000 per year (via Costco).
Does buying gas at Costco count towards rewards?
In the U.S., Rewards are not calculated: (i) on purchases of cigarettes or tobacco-related products, gasoline, Costco Cash Cards, postage stamps, alcoholic beverages in certain states (including Alabama, Connecticut, Georgia, Kentucky, Michigan, Ohio and Tennessee), and at food courts; (ii) on membership fees; (iii) on …
Can I give my Costco reward certificate to someone else?
Rules for redeeming Citi Costco rewards:
Only you and authorized users on your card can redeem your certificate. You can’t give it to someone else. If you’ve earned less than $1 in rewards, you won’t get a certificate and will lose that money.
What if I lost my Costco executive rewards check?
Reward certificates will not be replaced if lost or stolen. Regulatory restrictions on Rewards subject to change at any time.