The last membership price increase was in June 2017.
ISSAQUAH, Wash — The price of a Costco membership has officially increased, with the company’s first price hike since 2017 now in effect.
On Sunday, Sept. 1, the cost for a Gold Star membership, the basic tier, increased from $60 to $65. Executive memberships, a higher-tier plan, increased from $120 to $130. Costco announced the change during its July earnings call.
While the fees went up, the maximum annual 2% cash back reward for Executive members has increased from $1,000 to $1,250.
Previously, the last membership price increase was in June 2017. Costco said the
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