[karlding]

I think the break even point for the upgrade is actually $3k/year, not $2k/year?

The standard Gold Star Membership costs $60/year, and the Gold Star Executive Membership costs $120/year [0]. This is an additional $60/year (ignoring sales tax, etc.).

In order to break even, you need to earn at least $60 using the 2% cash back from the Executive Membership in order to cover the upgrade. This works out to ($60/year) / 0.02 = $3k/year.

[0] https://customerservice.costco.com/app/answers/detail/a_id/8...

[walrus01]

The standard $60 a year membership can pay for itself fairly quick just in gasoline price savings (often 20c or more better than other local stations) if you happen to frequently drive along a freeway that has a Costco on your route.

Can easily be a $8 per tank difference.

[ThunderSizzle]

Definitely true now. Under Trump, Costco was only beating by 1-5 cents, sometimes. Now, they can be half a dollar cheaper easily.

[IgorPartola]

You also save money compared to shopping elsewhere which is really the major contributor to it being worth it.

[adastra22]

Do you? None of the stuff we buy from Costco is cheaper compared with other local grocery stores. I mean, ignoring the hot dogs and rotisserie chicken, obviously.