A Gold Star Costco membership costs $60 annually. This membership allows you to shop online and in warehouses, includes two membership cards, and comes with a guarantee that allows members to cancel their membership for a refund if they are dissatisfied at any time.
Costco CEO Ron Vachris identified the membership card as the most valuable item sold in the store. He stated that everything the company does supports the transaction of selling membership cards, which cost $60 or $120 annually.
Costco's membership fee revenue increased by 8% last year, amounting to a total of $4.6 billion. This growth was accompanied by a rise in membership numbers, reaching nearly 128 million, and a 90% renewal rate.