Costco Wholesale Corporation, which is also known as Costco, is an American multinational corporation that operates a chain of membership-only warehouses. 

In this article, let’s take an in-depth and complete look at everything Costco Membership has to offer, to help you decide if the membership is right for you. Now let’s get started. 

Why Do You Need The Costco Membership? 

Before we get into the list, as a Costco consumer myself below are the few points that I can relate to: 

  • Huge and wide range of branded products available at Costco’s Warehouses, be it from shampoo to electronics. The best part is the huge discounted savings at a very good price.

  • Single Annual membership starts at $60 and covers discounted purchases at – Costco Gas, Pharmacy, Gas Stations, Opticals, Travel, Photo Center, etc. All of these services are as part of Costco subsidiaries, which comes to you built-in along with the primary membership. 

  • Costco’s Membership is valid at all its locations worldwide. That’s right. Anywhere you are and you need to go to Costco, the membership covers. You can purchase products and services at any Costco worldwide.

  • Convenient payment options – Including Mastercard debit or business cheque payment types.

  • Shop online for products at – Free Shipping included on thousands of items you won’t find at your local warehouse are available for only customers.

  • Access to while-you-shop services – Such as Photo Centre, Tire Centre, Hearing Aid Centre, Optical and Pharmacy services

  • Access to Costco’s exclusive Kirkland Signature Brand – Costco’s created an exclusive range of products that reflect member’s tastes and exceed quality expectations.

  • Conveniently shop for Costco Travel – Costco travel site will help you create an amazing vacation experience. For more details visit – Costco’s official travel website. 

Costco Membership Types

Costco’s Membership is divided into two types: Individuals and Business Owners

Individual Costco Membership:

  • Gold Star – $60 CAD Annually

  • Gold Star Executive – $120 CAD Annually

Business Membership

  • Individual Business – $60 CAD Annually

  • Business Star Executive – $120 Annually 

All Four Costco Membership types have two things in common: 

  • Includes a Free Household Card for your spouse

  • Valid at All Costco Locations Worldwide

Also please note that the membership prices mentioned above are pre-tax. You may have to pay more depending on the region you’ll purchase the Costco membership from. 

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Costco Membership

Costco Membership Promo Offer 

For a limited time only, Costco is offering promotions on its gold and executive membership types. 

If you sign-up for the Costco Executive membership today, you’ll receive a $40 online voucher.

Use the PROMO CODE – COSTCO40 to get this offer during check-out. 

Or, If you want to sign-up for the Costco Gold Membership, you’ll get a $20 online voucher.

Use the PROMO CODE – COSTCO20 to get this promotional offer during check-out. 

How Do You Get The Costco Membership Promotion Vouchers? 

  • When paying for your membership, enter the promo code (mentioned above) at checkout.

  • You will receive an email from Costco that will include your membership number. Bring the email to the Membership Counter at any Costco location in Canada to pick up your membership card.

  • You will then receive an email within 1-2 weeks with your online voucher to use towards your next online purchase.

Costco Membership – Is it Really Worth Your Money? 

You can find this on the Costco membership signup page – “100% SATISFACTION GUARANTEE. If you are not satisfied with your membership, you’ll get a full refund on your membership fee.” 

Now, Is there anything more that I can say, apart from the fact that, give Costco a visit near your neighbourhood. I’m sure you will enjoy the great services, benefits and the in-store experience. Along with shopping for wholesale prices. 

Like I said before, the benefits and savings are pretty clear. You may not save a ton of cash but here’s the thing – The minimal membership for individuals is $60. And that’s the annual fee. So, you’ll have 12 full months to make the most of it. 

Also, Costco offers a variety of premium services including, Gasoline (where you can easily save a couple of cents compared to outside regular gas), Costco Opticals, Costco travel, Costco Pharmacy, Photo center and many more.  

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Costco Membership

Costco’s Gold Star Membership

Benefits and Features:

  • The annual membership fee is $60

  • You’ll get one Additional Spouse card for free 

Costco Individual Gold Star Executive

Benefits and Features:

  • The annual membership fee of $120 

  • Includes a FREE Spouse card Included

  • Annual 2% Reward Included

  • Be part of exclusive member-only offers and additional discounts 

  • You’ll Receive Costco Connection magazine and insert by mail

Costco Business Membership

Costco’s Business Membership is only available to owners or operators of businesses who want the benefits of a Costco Business Membership, with the added value of an Executive Membership.

Business Members who wish to purchase items for resale must provide Costco with the appropriate resale information.

Benefits and Features

  • The annual membership fee of $60

  • Includes a FREE Spouse card

  • Add people to your membership Included

  • Purchase Costco products for resale


Costco Membership

Costco Executive Membership

Benefits and Features:

  • The annual membership fee of $120

  • Includes a FREE Spouse card Included

  • Annual 2% Reward Included

  • Exclusive offers and additional discounts Included

  • Receive Costco Connection magazine and insert Included

  • Add people to your membership Included

  • Purchase products for resale

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How Do I Sign Up For A New Costco Membership?

Costco is always happy to hear from enthusiastic new customers.
Signing up to Costco membership is a simple process.
You may sign up for Costco membership by going:
1. To any Costco Wholesale location. You will receive your membership card immediately and can begin shopping the same day.
2. Online at
  • From the homepage, click on the “Membership” button located in the blue bar at the top of the page.
  • Click on the type of Costco membership you are interested in

  • Add the membership type to your shopping cart

  • Read the Membership Conditions and Regulations, and press “Accept.” You will be asked to proceed through the checkout process to provide and verify your information. If all the information is correct, you may complete your purchase by clicking on “Cart.”

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How Can I Renew My Costco Membership Online?

Follow these easy steps to renew your Costco Membership online:
  • Sign in/Create a new account
  • Click on “Membership”

  • Click on “Renew Membership”

  • Provide your membership number and last name

  • Click on “Proceed to Checkout”

Online accounts have to be verified by the primary member before making any changes. In order to be verified, head over to the Membership Counter of your local Costco warehouse and ask to have your online account verified.

Once verified, an email will be sent to you that is valid for only 48 hours after the verification process takes place.

When renewing your membership, all cards on the membership (primary and Spouse cards) will be renewed. You will receive a confirmation email when renewal is complete.

A Spouse refers to either a spouse or a family member 18 years of age or older living at the same address.

Costco Gold Membership

Most of the people I know and see, usually opt for the $60 Gold Membership. 

Its the bare minimal membership offered by Costco and its worth every penny you pay for. At least that’s what my experience has been with it. If you really don’t use the membership much or have been visiting Costco much less off-late you may decide on the renewal or giving up your membership after-all. 

But my sincere request is – give it a try at-least. Purchase the Costco membership and visit Costco once or twice and then decide if it’s really worth it for you or not. 

To be frank, Costco has something to offer for everyone and I’m sure you’ll like it there. 

Costco Membership

Costco Business Executive Membership

In this section let’s look at all the benefits that Costco Business Executive Membership has to offer: 

Benefits and Features

1. Exclusive Annual 2% Reward

Annual 2% Reward on most Costco purchases, up to a maximum of $1,000. You must remain an Executive Member to receive the annual 2% Reward.

2. Exclusive offers and additional discounts

Costco Connection magazine and insert by mail

3. FREE Spouse Card 

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How To Qualify For The Costco’s Annual 2% Reward?

To upgrade to Executive Membership and get an annual 2% Reward (up to $1,000), stop by the Membership Counter or call customer care at 1-800-463-3783.

The Executive Membership upgrade fee is an additional $60 for Business or Gold Star Members. The upgrade amount will be pro-rated based on the months remaining on your current membership.

At your next renewal, you will be billed a total of $120 (plus applicable taxes) for your Executive Membership.

Annual 2% Reward Exclusions List

Items that fall into the following categories are not eligible for the 2% Reward.

In all provinces:

  • all prescription drugs

  • all tobacco products (including cigarette paper, lighters, matches and tubes)

  • all food court items

  • all bottle deposits and refunds

  • all taxes and levies

  • all Costco Services

  • eye examinations

  • tire disposal fees (where applicable)

  • tire mounting and balancing, and stud installation fees

  • gift certificates and Costco Cash electronic gift cards

  • membership fees

  • oil disposal fees (where applicable)

  • home delivery charges

  • administration fees

  • gasoline

  • charitable donations

  • third party insurance payments

  • postage stamps

  • environmental fees, deposits or levies

  • other items, products, and services specified as exclusions from time to time

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Costco Executive Membership – Reward Estimate

To estimate the Costco Executive Membership rewards – Please look at the table and illustration below – 

Also Read – Top 7 Canadian ETFs You Should Own In 2019 – Costco’s Online Shopping Portal 

I’ll be quick through these sections. 

Now that we know everything about the different Costco Memberships types and what they have to offer; let’s now talk a bit about Costco’s online platform.

Costco’s online website is

You’ll need to be a Costco member to buy stuff here. 

Once you do get the Costco membership, there’s also free 2-day shipping on eligible purchases. 

Costco Travel

You can visit the Costco Travel’s website by clicking here.

Benefits & Features of Costco Travel

  • Exclusively for Costco members

  • The value you want with the quality you expect

  • No surprises when you’re ready to pay

  • Additional advantages of Costco membership

I’ll be writing a separate article with use cases on the Costco Travel website, pricing and other useful stuff from an end-user perspective.  So do lookout for that. 

Other Travel Items you’ll find at travel website:

Lots of quality options on – 

  • Luggage

  • Sunglasses 

  • Passport Photos

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Costco Gas

Costco’s Gas stations have the Regular unleaded (87 octane), Premium unleaded (91 octane), and Diesel (at select locations only) options.

What really sets Costco Gas apart is:

1. Costco only sells Top Tier fuel at its gas stations. Read more about this below: 

  • Costco uses fuel filters to catch particles or debris larger than 10 microns in diameter. For comparison, the average human hair is sixty microns thick.

  • Their attendants check the nozzle flow rate every week to assure that filters are fresh. When the flow rate falls below 32 litres per minute, they change the filter.

  • Costco uses ethanol-compatible filters designed to catch sediment, water or phase-separated ethanol and water mixtures for locations that sell gasoline with ethanol.

  • Costco’s electronic sensors continuously monitor our underground storage tanks for water.

2. You can check the fuel price in your location, and usually 99% of the time, Costco gas is the lowest price in your neighbourhood or community. You’ll end saving at-least a couple of cents on high quality graded fuel. 

3. Costco’s approach to gasoline is the same as inside the warehouse: high volume and low prices. The concept is clear – One-way traffic makes it easier to get in and out of our stations quickly. 

4. Extra-long hoses allow fuelling from either side of the vehicle, so there is no concern with which lane to choose.

5. Both grades of gasoline sold at Costco meet and exceed Top Tier requirements. The owner’s manuals provided by the following manufacturers recommend using Top Tier gasoline to maintain optimal engine performance. and efficiency

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Costco Optical

Costco Optical accepts current prescriptions from licensed doctors, optometrists or ophthalmologists.

You do not need to have an eye exam done to purchase at Costco to purchase eyewear.

Why Costco Optical? 

1. Great variety of quality choices at discounted prices. Well worth the money. 

2. Costco Optical has been named the No.1 place to buy glasses in the USA, according to a Consumer Reports survey of 91,000 respondents

3. You’ll get discounts on the second pair of eyeglasses at Costco

4. Savings on Contact Lenses – Minimum $20 OFF when you purchase four boxes of contact lenses (Valid till Dec 2019)

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Costco Pharmacy

First of all, register with Costco Pharmacy by clicking on “Register Now“.

Once you are registered to Costco Pharmacy online, you can choose one of three options to begin your prescription order with the Costco Pharmacy Prescription by Mail.

If you have a new prescription, have your doctor fax or phone it in to the online mail-order pharmacy.

If your prescriptions are at another pharmacy, simply provide Costco with the pharmacy name and contact information and the prescription details and Costco will transfer them to their mail order pharmacy (including another Costco Pharmacy store).

Once your prescriptions are at your desired Costco’s mail order pharmacy location, refilling them is simple.

You need to then login to your account and request to re-order your prescriptions.

Once you’ve confirmed your order, Costco will ship your prescriptions from their mail-order pharmacy to the address you had chosen within 2-5 business days.

You will also be able to track your orders online!

With every order online, you will receive a tracking number that will allow you to track your delivery.

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What Is Costco Business Center?

Costco’s Business Centre has the same great quality and value as your local Costco, but with unique differences designed to fit the needs of your business.

You’ll find thousands of products which are not available at the traditional warehouse locations

One good thing to note here is – If you place your online order by 3 pm, Monday through Friday, and receive your delivery the next business day.

Now then, the best part is you don’t have to be a Costco Business Member to enjoy the benefits of Costco Business Centre.

Whether you want to set up a home office, enjoy next-day delivery to your business or stock up on groceries and snacks for your growing family, Costco Business Centre gives you new ways to get even more value from your Costco membership.

Costco Capitol One Credit Card

Benefits & Features

  • Earn cash back virtually everywhere – not just at Costco locations

  • You earn 3% on restaurant purchases, 2% on gas purchases, 0.5% on the first $3,000 you spend annually on all other purchases, and 1% after that
  • No annual fee

  • Doubles as your Costco membership card (Scroll down for more details)

Everyday Benefits:

  • Price Protection Service

  • Purchase Assurance

  • Extended Warranty

Travel Benefits:

  • Common Carrier Travel Accident Insurance

  • Car Rental Collision/Loss Damage Waiver

  • Baggage Delay

  • Travel Assistance

Mastercard Benefits:

  • Mastercard Global Service

  • Zero Liability

Doubles as your membership card

You must be a Costco Member to apply for the Capitol One Credit Card. 

The advantage you’ll get apart from the benefits listed above is, you don’t have to carry both the Costco Membership card and the credit card along with you while shopping at Costco. You can just tap the Capitol One Credit Card for membership and payment. 

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Costco is one of the premium wholesale stores in North American with lots of presence in Canadian soil. 

With that said, for individual and small families you’ll be good having the Gold Membership at $60. 

For $60, you’ll end up with a ton of savings on everyday shopping – be it for grocery, electronics, gas and so on and so forth. Also, do check out their exclusive online portal for more clarity on the discounts and product range.

Another important thing to note here is, Costco has only genuine quality products on its shelves, you may rest assured of the quality and pricing here. 

You’ll also be eligible for online-only exclusive shopping and discounts for Costco Members with the delivery option which is really good.

Finally, talking about the Business Executive Membership – yes it’s really good for business re-sales and combined with the Capitol One Credit Card, it can seriously elevate your earnings and cashback. 

Please let me know your thoughts and comments below. 

Top 10 Latest & Popular Posts

Costco Membership


Value For Money







  • Affordable membership costs with huge savings
  • Cheaper gasoline prices with great quality standards
  • Huge Savings from buying items in bulk


  • You need to be prepared to buy the items in bulk
  • Usually huge line-ups and waiting times to fill gas
  • Checkout line-up and wait times for gas

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