Costco increases annual membership fees

It is going to cost a little more to buy in bulk.

Costco has announced effective September 1st 2024, the annual fee for individual, business or business add-on memberships will increase by $5 to $65.

Likewise executive memberships will go up by $10 to $130, with their maximum annual rewards increasing as well.

The wholesaler says the fee increases will affect around 52 million memberships between Canada and the U.S.