{"id":27639,"date":"2017-03-03T10:54:15","date_gmt":"2017-03-03T18:54:15","guid":{"rendered":"http:\/\/bensbargains.com\/thecheckout\/?p=27639"},"modified":"2017-03-03T10:54:15","modified_gmt":"2017-03-03T18:54:15","slug":"costco-annual-fees-rising-june-1","status":"publish","type":"post","link":"https:\/\/bensbargains.com\/thecheckout\/bens-bytes\/costco-annual-fees-rising-june-1\/","title":{"rendered":"Costco’s membership fees are rising on June 1"},"content":{"rendered":"
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Rising for the first time since 2011,\u00a0Costco will be raising annual membership fees between $5 to $10 starting on June 1, 2017. Specifically, the\u00a0Gold Star membership and Business membership will increase from $55 to $60<\/strong> and the Executive membership will rise from $110 to $120<\/strong>.<\/p>\n

In addition to extra benefits with Costco Travel and Costco Services, the\u00a0Executive membership provides a 2 percent cashback reward on qualified purchases. Basically, if you spend $3,000 in qualified purchases over the course of a year, you will regain the additional $60 spend on upgrading from Gold Star to Executive. The maximum annual reward earning in a single calendar year is capped at $1,000.<\/p>\n

During 2017,\u00a0Costco expects the fee increase will impact 35 million members. Comparatively, Sam’s Club (owned by Walmart) charges $100 for Sam’s Plus annual membership and $45 for the basic Sam’s Savings or Business membership. Sam’s Club has 660 locations in the United States compared to Costco’s 508 locations in the United States.<\/p>\n

Neither warehouse chain has to contend with Jet.com anymore, an online retailer that attempted to bring the warehouse subscription model to the Web. Jet.com pivoted to a subscription free model before being acquired by Walmart\u00a0last year.<\/p>\n

However, warehouse chains still have to compete with Amazon. Amazon has continued to push into the warehouse chain model by offering Subscribe-and-Save bulk items for repeat orders as well as Prime Pantry, a bulk-order system for purchasing common household items such as food or cleaning supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rising for the first time since 2011,\u00a0Costco will be raising annual membership fees between $5 to $10 starting on June 1, 2017. Specifically, the\u00a0Gold Star membership and Business membership will increase from $55 to $60 and the Executive membership will rise from $110 to $120. In addition to extra benefits with Costco Travel and Costco […]<\/p>\n","protected":false},"author":2,"featured_media":27645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[537,982,1343,1752,816,1751],"class_list":["post-27639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bens-bytes","tag-amazon","tag-costco","tag-jet-com","tag-membership","tag-sams-club","tag-warehouse-club"],"_links":{"self":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts\/27639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/comments?post=27639"}],"version-history":[{"count":10,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts\/27639\/revisions"}],"predecessor-version":[{"id":27650,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts\/27639\/revisions\/27650"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/media\/27645"}],"wp:attachment":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/media?parent=27639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/categories?post=27639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/tags?post=27639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}