When you sign up for Costco, you have a choice of two different membership options. The Gold Star membership costs $60 per year, while the Executive membership costs double. Charging a $120 Executive membership to your credit cards when you could get the privilege of shopping at the warehouse club for half that amount may not seem like a good deal.
In the latest trading session, Costco (COST) closed at $530.92, marking a -0.51% move from the previous day.
Look, Sam's Club and Costco are both great. Sam's Club has just shy of 600 stores in the U.S., while Costco has 572. Sam's Club membership fees are $50 annually for Club members and $110 for Plus members.