Costco members now pay more to enjoy the perks of belonging to the warehouse club. In 2017, after much speculation, Costco raised its annual membership fees in the U.S. and Canada. Fees for all Gold Star and Business memberships rose to $60, a $5 increase. The Gold Star card is available to anyone and can be used for personal purchases. The membership includes a free additional household card. The Business membership, available only to verified business owners, permits business purchases and bulk purchases for resale.
The annual membership fee for Executive-level members increased $10 to $120. In addition to the basic privileges outlined above, Executive members can earn an annual 2% reward on most purchases (up to a maximum of $1,000) that can be applied toward future Costco purchases. Executive-level members also receive discounts on various Costco services including travel services.
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