Costco Membership Fees Increasing in September (First Price Increase Since 2017)

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Have you been considering a Costco membership? We’re sharing the best deal!

woman holding costco executive membership card

If you’ve been interested in a Costco membership, now is the time to sign up! In a news article posted on July 10th, Costco confirmed that its membership fees will increase effective September 1, 2024 – this is the first price hike since 2017.

The annual membership fees will increase by $5 for United States and Canada Gold Star members making the annual fee $65. Also effective September 1, annual fees for Executive Memberships will increase from $120 to $130 and the maximum annual 2% Reward associated with the Executive Membership will increase from $1,000 to $1,250.

Costco Membership Card and Cash Card in front of Costco Shopping Cart

If you are not yet a Costco member, join now before the fees increase!

For a limited time, head to Groupon, sign up for a new Costco membership online and enroll in auto renewal of your annual membership to score a $40 digital Costco Shop Card. Or join as an Executive member and you will also receive a promo code for $60 off a Costco.com order of $200 or more.

Note that you must click over to Groupon, log in, click on the “See Coupon Code” button and enter the promo code during the sign-up process in order to score the free shop card. It is important to note that you will see a $0.01 deduction on your membership cost after the promo code is entered and this indicates that your promo code has been successfully processed so your incentive will be emailed.

Costco Wholesale reward gift

Costco Digital Shop Cards can be used at any Costco warehouse, gas station, and online at Costco.com.

With an Executive Membership you’ll get 2% cash back on ALL qualified Costco purchases!

That includes a ton of our favorite items, like Costco’s home goods, pre-made meals, and that delectable sheet cake. 🤤 Yes, 2% CASH BACK ON CAKE!!
MacBook with Costco executive membership

 Executive Members get discounts on more than just in-warehouse goods!

Costco has an entire roster of services available to help its members with everything from car loans to identity protection. While these services are open to Gold Star members as well, Executive members may receive lower rates.

Costco membership poster

And with this Costco membership deal, you’ll have access to Unexpected Items!

Costco’s neat “Unexpected Items” page highlights all the products that–you guessed it!–you wouldn’t expect to find at Costco or on Costco.com. They have plenty of useful (and interesting!) items that you probably never knew you needed, and Costco is also a great starting point for finding some gift inspiration.

Since Costco sells such a wide variety of items online that you can get shipped right to you, you can benefit from a membership even if you don’t live close to a Costco location. 🙌


About the writer:

Erika has a Bachelor’s Degree in Anthropology from Sonoma State University and 5+ years of writing experience from various deal sites including Hip2Save.


Join The Discussion

Comments 10

  1. Becky Cassidy

    My order has been canceled twice. It says card or billing address issues, but there’s nothing wrong with those. It charged me twice. Idk what I’m doing wrong.

    • Trish (Hip Sidekick)

      So sorry to hear your order was cancelled, Becky! 🤗 Have you tried reaching out to customer service? Hoping they might be able to help! 🤞💕

      • Becky Cassidy

        Which customer service, Costco or Groupon? Also didn’t give me the option to sign up for auto renew on checkout. I double-checked the second time. I made sure it was set up after the fact though.

        • Trish (Hip Sidekick)

          Since you were trying to complete the purchase on the Costco website, I would try contacting them to see if they can see why your order was cancelled. I did find this number for customer service if helpful ❤️ – 1 (800) 774-2678

  2. Jen

    I got the order confirmation but nothing about the $40 credit. Any idea how long that usually tales to process? I used the code and got the 1 cent discount and I’m set to auto renew so I believe I did everything correctly.

    • Trish (Hip Sidekick)

      Hi there, Jen! It looks like the credit should also be emailed, but I’m not finding any details on how long it might take to receive. I would say if you don’t have it within 24-48 hours, you could try reaching out to customer service. You might also check your spam/junk mail to be sure it didn’t land there! 🤞💗

      • Doxiemama

        I haven’t received my digital shop card or promo card after 48hours.

        • Trish (Hip Sidekick)

          Sorry to hear you haven’t received it yet! I did find this number for customer service if you’d like to try reaching out – 1 (800) 774-2678 You might also check to see if the email happened to land in your spam/junk or promotions folder too. Hoping this helps! 🤗💓

  3. Doxiemama

    Costco will send an email within 2 weeks.

    • Trish (Hip Sidekick)

      Yay! 🎉 Thanks so much for the update, Doxiemama! 💕

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