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 earlier shopping hours, 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. Additionally, Executive Members can save using Instacart.

Costco membership is $65 a year. An Executive Membership is an additional $65 upgrade fee per year. Each includes a free Household Card. Please include sales tax in all applicable states. (Business Members also pay an additional $65 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:

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

Cell Phones, Cell Phone Accessories and Cell Phone Service Contracts (purchased through 3rd parties)

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)