Costco Executive Members receive a 2% Reward on qualified purchases (see calculation of 2% Reward below). Reward is capped at, and will not exceed $1,000 for any 12-month period. Only purchases made by the Primary and active Primary Household Cardholder on the account will apply toward the Reward.
No cash back rewards; 2. Costco Gold Star Executive Membership (the upgraded membership level): $120 membership fee per year; 2% cash back rewards, up to $1,000 back per year (note that some items, i.e. alcohol in some states, are not eligible for the reward) “Extra benefits” – includes discounts on insurance, etc.
Business Members must provide Costco with the appropriate resale information; Gold Star Membership: $60.00 Annual membership fee* Includes a free Household Card; Valid at all Costco locations worldwide; You can find more details on each type of membership and even sign up right here. Please keep in mind that the Costco double guarantee applies to all membership levels.
They are two separate rewards. The Executive Membership rewards gets you 2% back (up to $750) regardless of your payment source (Cash, check, debit, other Visa, etc.). The Citi Costco Anywhere Card nets you another 2% without any cap.
For truly disciplined shoppers, it makes more sense to get the chain's Visa (NYSE: V) rewards card. That Costco Anywhere Visa has a $55 annual fee, which includes membership to the store. It offers...