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Huge Mistakes Everyone Makes Shopping At Costco
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Uploader: ʱÊÂÐÂÎÅ (
All videos by "ʱÊÂÐÂÎÅ"
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Length: 9 Mins 50 Secs
_VIDEO_DATE: 2019-04-04
Description
Nobody really needs to be told how to shop, right? But when you shop at Costco, the rules are different. As a card-carrying member, you're probably paying for a ton of benefits that you might not even know you get. You also might be making incorrect assumptions when it comes to the items you select. Here are some huge mistakes you could be making while shopping at Costco.
Costco has two options when it comes to personal memberships, Gold Star at $60 and Gold Star Executive at $120, and if you haven't upgraded to Executive yet, you're missing an opportunity to recoup some, or all, of that annual fee. While it might sound a bit counterintuitive to pay twice as much for the same access into the warehouse store, depending on your spending habits, it could be well worth it.
At the Executive level, you receive two percent cash back on most purchases. According to Costco's math, if you spend $500 a month, or $6,000 a year, you're looking at a rewards check of $120, and in effect, getting your membership totally free. The more you spend, the more you get back, up to $1,000 a year. Even if you don't come close to that maximum, anything over $60 in rewards is money back in your pocket. As a safety net, if you take the plunge and don't spend enough in the first year to come out ahead, Costco will make up the difference by ensuring that first check is at least $60. So what are you waiting for? Go upgrade that membership.
Spoiler alert: Costco's layout is confusing by design. They want you to get lost in their labyrinth of tempting bargains so you spend all the money.
Think about it
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