Costco Announces First Membership Fee Increase in Seven Years

Costco Wholesale announced on Wednesday that it will increase its annual membership fees for customers in the United States and Canada, marking the first increase in seven years. The new rates will be effective from September 1. Costco’s membership program offers a variety of benefits to its customers, such as free sample testing, discounts on a wide range of products and services, and an annual 2% reward on eligible purchases made at its warehouses. The …

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