Wrong
Costco: stores open for exec. tier 1 hr early, starting Jun 30
- Thread starter duck__dodgers
- Start date
Is it a new perk?
My recollection is that Business members could enter earlier in the past at the regular warehouses, as already noted above. Maybe even Exec members, as one of the benefits.
If they wanted to do folks a favor, they'd lower the membership cost. But that's how they make their profits, LOL.
Here's a question -- ever been to a Costco outside the U.S.? Memberships work internationally.
My recollection is that Business members could enter earlier in the past at the regular warehouses, as already noted above. Maybe even Exec members, as one of the benefits.
If they wanted to do folks a favor, they'd lower the membership cost. But that's how they make their profits, LOL.
Here's a question -- ever been to a Costco outside the U.S.? Memberships work internationally.
Exec Membership upgrade is $65 and gives a 2% rebate on purchases. You'd need to spend at least $3,250/yr to break even. Most Costco shoppers that I know visit the store at least every 2 weeks and spend over $150 each time.
2% with many exclusions. The incentive to buy more to earn your money back ...which doesn't get distributed until 10 months later, isn't a worthwhile proposition for many people. Especially if they grocery shop at several different stores.
It can be a worthwhile proposition if you know you'll be buying big ticket items in a given year...tires, TVs, major appliances.
Also, that $65 "refund" is not cash, it's essentially a coupon that has to be redeemed in a Costco warehouse.
People often lose sight of the basic business model...you are paying a warehouse club an annual fee for the opportunity to continue giving them your business.
It's an incentive to entice people to spend more. Beneficial to some but it's not the "no brainer" that many believe it is.
This must be a European option that's new. All of the Colorado Costcos have early business hours for executive members
Actually if you are talking about the Costco points or rewards you can get cash and do not have to spend it in their store. You obtain that refund around your anniversary date every year. I usually get about $350 cash back every year and my wife has her own card and she obtains about the same amount. I love Costco and usually buy almost all of my gasoline there and lots of meat, grocery items and other items. As an exective member I will take all the perks I can get and I never could understand why they don't open the store earlier.
Most maybe but not my wife and I.
We didn’t hit the 2% savings to make up for the additional cost of Executive membership, close but not quite. I wasn’t crazy about paying anymore to get into a store and buy their stuff anyway!
It’s not always the best price but fun going there.
Since it was our first year they refunded the difference of the additional cost of the executive membership and went back to the standard.
We also shop at Sam’s Club one mile away from Costco. Main reason we are members of both stores is for their selection of frozen and fresh seafood. Other than that is in club sale prices for stuff which is generally good quality
Also one mile away is a new BJs which we tried but doesn’t compare to the other two and will cancel that one.
We belong to all 3 but BJs and Sam's almost always have discounted $10-$20 memberships. Costco never does for existing members.
The Costco is 4 miles away and they are my go-to coffee bean supplier...but there are none near our beach house...but Sam's and BJs are relatively close or can be on the way.
Hours are in the OP
Costco Executive members do not currently get in early
Sam’s Club DOES have early entry for its SAMS CLUB PLUS customers
Sam’s club membership fees are lower too
And we LOVE scanning and paying for our stuff with the Sam’s Club app on our phone. No lines no waiting, walk out the door.
We like both Costco and Sam’s for different reasons and use both. Costco has some higher end merchandise and overall high quality stuff yet Sam’s at times can compete better for certain items.
Ex. Wife picked up Tuna steaks yesterday in Sam’s at a great price and I got a really well spec’d Duracell battery for the boat at $99 (1000 mca and I think 760 cca) I replace boat batteries every 3 years as a general rule.
On the same day we shopped at Costco and bough a whole bunch of stuff there.
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Referring to me as a 'regular' member is a racist micro-aggression fueled by typical corporate greed! And I've had enough!
Sam's Club Plus also offers free shipping for online orders I believe.
The Shopngo feature on the app, or whatever it's called is light years ahead of Costco cashlanes and checkout.
Agreed. If you do spend a lot of cash there, it is a good deal. Wifey was given the sales pitch one time she went shopping, we took the plunge that year but in the end, ended up getting the additional annual fee back, because our 2% didn't add up to the higher cost of the executive fee. But we do like the basic membership.
And family memberships.
We get a rebate of anywhere from $75 to $450.
But they are losing a lot of business from me to BJ’s (locations in 25 states), as they open at 8am and stay open until 10pm. Gas prices are close or the same.
And I can buy decade-size catchup rather than lifetime size.
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Same exact thing for us!
The bloody Canadians are coming back. It was so nice for awhile.
Same. If you buy in bulk or are going to purchase expensive items (electronics) it makes sense. I was ignorant about them only accepting Visa cc before joining - I have a MC and Discover and wasn't going to take on a third for one store.
Costco offers cash to redeem the coupon, at least around here. Yes, you get the coupon annually, but otherwise you get nothing.
Shopping at multiple stores is an expensive way to shop, especially if you value your time. For me personally, I shopped for myself and my parents as they got older. Costco was a lifesaver for both cost and time. Heck, a set of Michelins or whatever brand pays the $60 in install and warranty fees savings alone. Just my experience...
Of course it is an incentive to spend more, but that's up to the customer, right?
Wrong.
From the Costco website:
When to expect a 2% Reward Certificate:
The 2% Reward Certificate is mailed with the renewal notice approximately two months prior to the member’s annual renewal date. A member must be a paid Executive Member at the time the Reward is issued to receive the certificate. Members who reverse their Executive status will lose all rewards accumulated. Rewards are not prorated.
https://customerservice.costco.com/app/answers/answer_view/a_id/1205/~/what-is-an-executive-membership?
Not funny!
The rebate pays for my Exec membership and then some. I also use the Citibank Visa and get several hundred $$ back every year even though I'm buying less than I used to. Get most of my gas from Costco 5% back and 2% back from other gas purchases if on a trip. Get all my tires there(Michelin) because of free balance and rotation and repair.