You’ll Soon Pay More to Shop at Costco

What's Hot


2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

7 Dumb and Costly Moves Homebuyers MakeBorrow

This Free Software Brings Old Laptops Back to LifeMore

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Beware These 12 Common Money MistakesCredit & Debt

21 Restaurants Offering Free Food Right NowSaving Money

17 Ways to Have More Fun for Less MoneySave

House Hunters: Beware of These 6 Mortgage MistakesBorrow

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

The True Cost of Bad CreditCredit & Debt

10 Companies With the Best 401(k) PlansGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

6 Stores With Awesome Reward ProgramsFamily

6 Ways to Save More at Lowe’s and The Home DepotSave

6 Healthful Treats for Your DogFamily

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

Where to Sell Your Stuff for Top DollarAround The House

8 Ways to Get a Good Price on a Shiny New AutoCars

Ask Stacy: How Do I Start Over?Credit & Debt

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

30 Awesome Things to Do in RetirementCollege

14 Super Smart Ways to Save on TravelSave

The Rich Prefer Modest Cars — Should You Join Them?Cars

10 Ways to Save When Your Teen Starts DrivingFamily

The warehouse giant plans to bump up its annual member fees in June.

Attention, Costco customers: Shopping at the beloved warehouse chain is about to get more expensive.

Costco has announced that it’s hiking its membership prices in June. According to the company:

Effective June 1, 2017, (Costco) will increase annual membership fees by $5 for U.S. and Canada Goldstar (individual), Business, and Business add-on members (“Primary” Members).

That increase will take those membership fees to $60.

Meanwhile, Executive memberships are going up to $120 — a $10 bump. The maximum annual 2 percent reward associated with the Executive membership will jump from $750 to $1,000.

This is the first time that the club retailer has increased its membership fees since 2011.

Analysts predicted the hike last April, noting that the warehouse club typically bumps up its membership fees every five to six years.

Costco says the hike will impact about 35 million members — about half of them being Executive members. The rise comes after the warehouse chain’s quarterly earnings and revenue fell short of Wall Street expectations, the Associated Press reports.

Costco — consistently ranked by consumers as a top retailer — still offers plenty of savings for your membership fee, especially if you don’t overlook less obvious perks, such as discounted gift cards. As we have noted:

Deals at Costco aren’t limited to buying in bulk. Take their gift card aisle — it offers a swarm of savings on everything from movie tickets and restaurant meals to theme park admission.

For more tips on saving at Costco, check out “8 Ways to Squeeze the Most From Your Costco Membership.”

Just remember that not everything at Costco is a great deal. Find out what you should avoid putting in your Costco shopping cart in “What Not to Buy at Costco (or Sam’s).”

What do you think of Costco’s planned membership fee bump? Share your thoughts below or on Facebook.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 8 Ways to Get Your FICO Score for Free

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,958 more deals!