Published on March 4th, 2017 | by William Charles38
Costco To Raise Membership Prices By $5/$10 On June 1st
Costco have announced that they will be increasing their membership fees on June 1st, 2017. The increases will be as follows:
- Individual & business memberships will increase by $5 to $60 per year
- Executive memberships will increase by $10 to $120 per year
The last time Costco increased membership fees was in November, 2011. They increased the membership fees by the same amounts (Executive went from $100 to $110 and regular memberships went from $50 to $55). They seem to increase these fees every 5-6 years, so this price rise shouldn’t be that unexpected. For anyone who has a membership expiring in June through August, you can renew online up to 3 months early and save $5 (hat tip to reader Brad).
Will you keep or cancel your Costco memberships? Let me know in the comments below.