Q:

What are the costs of renewing business and family Costco memberships?

A:

Quick Answer

The Executive Membership requires a $110.00 annual membership fee, while the Business Membership and Gold Star Membership, which both include households, require a $55.00 annual membership fee as of 2015. The costs of renewing business and family Costco memberships are dependent on which type of membership is held.

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Full Answer

The Executive Membership is Costco's highest level of membership and provides a 2 percent reward of up to $750 per year on most Costco purchases to all Executive Members. Additional benefits and greater discounts are available to Executive Members as well. Business Membership is intended for business owners and managers. The Gold Star Membership is intended for individuals and households who make purchases for personal use.

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