Unlocking Costco Executive Membership Benefits How to Get the Most Out of Your $130 Investment
Double-Dip Cash Rewards
One of the main attractions of the Executive Membership is the 2% cash reward on all eligible Costco purchases, including in-store, online at Costco.com, and even Costco Travel. You can earn up to $1,250 in rewards each year, which could more than pay back the membership fee if you make the most of your spending.
Wondering how you’ll reach that spending cap? Remember that all qualifying purchases contribute to the total. Two months before your membership renewal date, Costco will send you a check with your rewards amount, which you can use on your next Costco shopping trip. You could save it for a bigger purchase, like a new appliance, furniture, or that trampoline the kids have been asking for.
Tip: Use a Visa Card to Maximize Rewards
Why stop at 2%? Using a Visa card that offers additional cash back can help you double-dip on rewards. For Costco in-store purchases, only Visa is accepted, and on Costco.com, you can use both Visa and Mastercard. Check out some popular Visa cards with cash-back options tailored for Costco spending.
Exclusive Travel Perks
When it comes to travel, Executive Members receive exclusive discounts and perks. This includes savings on car rentals, hotel stays, vacation packages, and other travel products. Booking travel through Costco also earns you 2% cash back. Executive Members are eligible for special perks, such as additional credits on select vacation packages, which regular Costco Members may miss.
For example, Executive Members booking a Uniworld Boutique River Cruise through Costco Travel receive an additional $50 onboard credit per person and a digital Costco Shop Card. These perks make it easy to enjoy luxurious vacations at a discounted rate.
Home Insurance Benefits
Costco Executive Members who purchase home insurance through Connect by American Family Insurance can access additional benefits like home lockout assistance and home glass repair reimbursement. Connect, a branch of American Family Insurance, offers these extra perks exclusively to Executive Members, giving you peace of mind with your home insurance.
Auto Insurance Perks
If you insure your vehicles with Connect by American Family Insurance, you get free roadside assistance as part of the Executive Membership. This service is available when you need it most, whether for a flat tire or a dead battery. Roadside assistance is a perk often overlooked by members but can be invaluable when you’re in a bind on the road.
Monthly Costco Connection Magazine
As an Executive Member, you receive the Costco Connection magazine each month, full of health tips, recipes, business advice, and product features. It’s a valuable resource with articles on everything from the latest Costco product launches to exclusive member offers and tips on optimizing your shopping experience.
The magazine is a great way to stay updated on current promotions and services Costco offers, helping you make more informed shopping choices.
Access to Special Discounts
Executive Members often have access to special discounts and member-only events. From seasonal product launches to exclusive events, you can find added value in both savings and experiences. Checking Costco’s online portal or visiting the store’s member services desk can help you stay in the loop about upcoming discounts or offers that are exclusive to Executive Members.
Why Costco Executive Membership is Worth It
For shoppers who frequent Costco, the additional $130 investment in an Executive Membership can be a smart decision. With a wide range of perks, from cash rewards and travel deals to insurance benefits and exclusive discounts, there are plenty of ways to make the most of your membership.