16. Choose the Right Membership

 

Costco offers two types of memberships for individuals and families — the Gold Star Membership ($60) and the Executive Membership ($120). If you’re a frequent Costco shopper, spending the extra $60 to upgrade to the Executive Membership could be worth your while.

 

The upgraded card comes with an annual 2 percent reward on qualified Costco, Costco.com and Costco Travel purchases up to $1,000. If you book travel through Costco, you can also score extra perks. Plus, you’ll get extra benefits and deeper discounts on Costco Services, including mortgage purchases and refinances, insurance and family dental plans.

 

If you currently have the Executive Membership but don’t use Costco Travel or Costco Services, save money by downgrading to a Gold Star Membership.

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