In addition to kicking non-members out of its food court, Costco is officially increasing its membership prices for the first time since 2017. The big-box wholesale retailer announced Wednesday that it is raising membership fees by $5 to $65 a year in the United States and Canada.
Costco’s premium “Executive Membership” is going up by $10 to $130 a year. The retailer clarified that Executive members will be able to earn a maximum of $1,250 in rewards annually, which is more than the current $1,000 in rewards on qualified Costco purchases.
