Costco’s first membership fee increase in 7 years now in effect

Costco has raised its membership fees for the first time in seven years, effective Sunday.

Annual fees for “Gold Star” and business memberships have increased from $60 to $65, while executive memberships have risen from $120 to $130.

The price hike affects around 52 million memberships. Costco last adjusted fees in June 2017. The membership provides various perks, including discounts and rewards, Fox News has reported.

read more: https://www.foxbusiness.com/retail/costco-first-membership-fee-increase-7-years-now-effect

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