It pays to be a Costco Executive Member:
Executive Members earn an annual 2% Reward on qualifying purchases at Costco, Costco.com, and Costco Travel. Plus, additional benefits are available on our suite of Costco Services. We offer a 100% satisfaction guarantee and will cancel and refund membership fees at any time if a member is dissatisfied.
Additional values are available to Executive Members such as lower prices on check printing, auto buying, roadside assistance included at no charge for vehicles covered through the Auto Insurance program and additional travel benefits. View our full list of Costco Services. Executive Members also receive a monthly edition of The Costco Connection magazine.
Costco membership is $60 a year. An Executive Membership is an additional $60 upgrade fee a year. Each includes a free Household Card. Please include sales tax in all applicable states. (Business Members also pay an additional $60 for each additional cardholder - purchases made by the additional cardholders do not contribute towards the 2% Reward.) Members who upgrade for a partial year will be charged a prorated upgrade fee.
The Primary Member or Account Manager of an existing membership may upgrade to the Executive membership one of the following ways:
- Online – Sign In or Register on Costco.com, then visit Account Details. Once your membership has been verified, you may upgrade your membership.
- In Person – Visit any Costco membership counter.
- By Phone – Call Member Services at 1-800-774-2678.
When to expect a 2% Reward Certificate:
The 2% Reward Certificate is mailed with the renewal notice approximately two months prior to the member’s annual renewal date. A member must be a paid Executive Member at the time the Reward is issued to receive the certificate. Members who reverse their Executive status will lose all rewards accumulated. Rewards are not prorated.
Eligible purchases:
Only purchases made by the Primary and active Primary Household Cardholder on the account will apply toward the Reward. Most U.S. warehouse purchases apply to the 2% Reward. Please see below for a list of ineligible purchases. Eligible purchases made in Canada, Puerto Rico or on Costco.com also contribute to the annual 2% Reward. For eligible Costco Travel purchases, Executive Members will earn a 2% Reward after travel is completed (must be an Executive Member when travel starts).
In most cases, pharmacy and over the counter (OTC) purchases apply to the 2% Reward. Only the amount not covered by insurance (co-pay) is calculated as part of the 2% Reward.
Refunds of eligible purchases will be deducted from the 2% Reward.
Ineligible purchases:
Purchases made in Australia, Japan, Korea, Mexico, Spain, Taiwan, Iceland, China, France and the U.K. will not be applied to the 2% Reward.
The following purchases do not apply to the 2% Reward:
- Alcohol in AL, AZ, AR, CA, CT, GA, HI, KS, KY, MA, MI, MN, MS, NH, NC, ND, OH, OK, RI, SD, TN, TX, UT, and VT
- Auto Purchasing
- Battery Fees
- Bottle Deposit
- Costco Shop Cards/Gift of Membership
- Children’s Miracle Network Hospital Balloons and other charitable giving Costco.com
- Shipping Fees
- Costco Services
- Food Court
- Gasoline
- Home Delivery Services (Delivery Charges, Installation)
- Membership Fees
- Misc. Taxes & Fees
- Oil Disposal Fees
- Optical Exams
- Stamps
- Tire Balance & Installation Fees
- Tire Disposal Fees
- Tobacco
- Websites not hosted by Costco.com including online Costco Photo Center
- 3rd Party Insurance Payments
- Prescription drug purchases in certain states (including Arkansas, New Jersey, and New York)
