Your Guide to a Costco membership – What kinds of memberships does Costco offer? Are they worth it?

Everyone loves Costco, whether it’s for a short trip to get their popular hotdog or a pizza slice from the food court or to get your day to day grocery items.

However, one thing everyone knows about Costco (for better or for worse) is that you need to have a Costco membership to shop at Costco except for when you’re purchasing alcohol or visiting their pharmacy. While a Costco membership does have its perks such as a discount on well…pretty much everything, including home or auto insurance. (Yes, that’s correct) some people still do not prefer to purchase a membership.

If you’re planning to purchase a Costco membership as the retailer slowly expands into newer areas all over the country, we have all the information for you that you will possibly need. There are three kinds of memberships at Costco that you can get:

Costco Gold Star Membership:

A Gold Star Membership at Costco will cost you $60 annually. This membership allows you to purchase products at any Costco location in the world and also online through Costco’s official website. It is suitable for an average household.

Costco Gold Star Executive Membership:

A Gold Star Executive Membership will cost you $120. In addition to the benefits of the regular Gold Star Membership, executive members earn a 2 percent annual reward (up to $1000) on almost every product or service purchased from Costco. Executive members get the 2% reward back in the form of a certificate that is mailed to them by Costco. The certificate can then be used to purchase most of the items from the retailer.

Costco Business Membership:

A Costco Business Membership allows you to purchase products for business, personal, and resale use for an annual fee of $60. One additional card is also provided for one member of the household. You can also add affiliate members for $60 each.

Whether or not a Costco membership is worth it differs for everyone. For example, if prefer to buy your groceries in bulk for your family, you really are missing out on an opportunity to save money. The benefits of having a Costco membership are endless.

Firstly, you can avail a discount not only on your day to day grocery items but also on tech gadgets, auto or home insurance, and even on your prescriptions. Being a membership also enables you to get your groceries delivered straight to your doorstep through CostcoGrocery so you don’t have to go through the hassle of waiting in long lines (especially now during the Covid-19 pandemic when social distancing is more important than ever).

However, a Costco membership may not be as beneficial if you live alone and prefer to buy your grocery every other day rather than in bulk, but if you have friends who are willing to share the membership costs and the items purchased at Costco, we suggest you try and give it a go!

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