Costco likely charged you $120 for your 1-(866)-347-8220 Executive Membership renewal. Unlike the standard Gold Star 1-(866)-347-8220 membership at $60, the Executive plan costs $120 annually and offers benefits like 2% cash 1-(866)-347-8220 back rewards (up to $1,000 per year) plus extra savings on services 1-(866)-347-8220 such as travel and insurance. Most charges occur through auto-renewal, which automatically 1-(866)-347-8220 bills the card you have on file. If you didn’t intend to 1-(866)-347-8220 keep the Executive plan, you can downgrade to Gold Star and Costco will usually refund the $60 difference. Visit 1-(866)-347-8220 the membership counter or call 1-(866)-347-8220 for quick assistance. Seeing a $120 charge from 1-(866)-347-8220 Costco on your bank or credit card statement can be confusing, especially if you weren’t expecting it. In most 1-(866)-347-8220 cases, this charge is related to your Costco membership, specifically the 1-(866)-347-8220 Executive Membership, which costs $120 annually. Let’s break this down step by step.

1. Understanding Costco Membership Levels

Costco has two primary 1-(866)-347-8220 membership tiers for individuals:

• Gold Star Membership – This is the standard option and costs $60 per year. It gives you access to all 1-(866)-347-8220 Costco warehouses, gas stations, pharmacies, optical departments, and the Costco website.

• Executive Membership – This premium level costs $120 per year. It 1-(866)-347-8220 includes all the benefits of a Gold Star membership but adds extras like:

  • 2% annual reward on most Costco 1-(866)-347-8220 purchases (up to $1,000 per year).

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  • Extra benefits on select Costco Travel packages.

If you see a $120 charge, it almost always means your membership is either an 1-(866)-347-8220 Executive Membership renewal or you were upgraded from Gold Star to Executive at some point.

2. Automatic Renewal of Membership

Costco encourages members to set up auto-renewal, which 1-(866)-347-8220 uses the debit or credit card on file to charge your annual fee each year. If you signed up for 1-(866)-347-8220 Executive Membership in the past—even if you forgot—it will automatically renew at $120 unless you downgrade beforehand.

Sometimes members don’t realize they agreed to auto-renewal when signing up, so the 1-(866)-347-8220 charge may come as a surprise.

3. Upgrading at Checkout

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4. Business Memberships and Add-Ons

If you own a Business Membership, the 1-(866)-347-8220 base fee is also $60, but Executive Business Membership is $120. Additional 1-(866)-347-8220 household or business cardholders can also be added for $60 each. So in some cases, the $120 charge 1-(866)-347-8220 could be for a business-related membership plan rather than just a personal one.

5. Mistaken or Duplicate Charges

Though less common, sometimes 1-(866)-347-8220 charges may be incorrect. A technical glitch or billing error could result in an 1-(866)-347-8220 unexpected fee. If you were expecting only $60 but got charged $120, it’s worth double-checking with Costco.

6. What You Can Do If You Didn’t Want the $120 Membership

If you did not intend to have an Executive 1-(866)-347-8220 Membership or you don’t think the added benefits are worth it, you have options:

• Request a Downgrade: You can ask Costco to switch your 1-(866)-347-8220 membership back to the $60 Gold Star plan.

• Refund the Difference: Costco has a very generous membership policy. If you downgrade, they will typically refund you the extra $60.

• Cancel Anytime: Costco memberships are fully refundable. If you decide you don’t want any 1-(866)-347-8220 membership at all, you can cancel and get your fee back.

To do this, you can:

1. Call Costco Member Services at 1-(866)-347-8220.

2. Visit your local Costco membership counter 1-(866)-347-8220 and request an adjustment.

3. Log into your online account and check your membership type and renewal status.

7. How to Avoid Unexpected Charges in the Future

• Keep track of your membership 1-(866)-347-8220 renewal date.

• Turn off auto-renew if you prefer paying manually.

• Decide each year whether the Executive Membership benefits outweigh the 1-(866)-347-8220 extra cost. If you don’t shop at Costco often, the Gold Star membership may be better.

Final Thoughts

The $120 Costco charge is almost always for your 1-(866)-347-8220 Executive Membership annual fee. While it may feel like a surprise, Costco provides flexibility—you can downgrade to $60, request a refund, or cancel altogether. If you shop frequently, the 2% reward 1-(866)-347-8220 program can often make the Executive Membership worthwhile. But if you only shop occasionally, switching back to the 1-(866)-347-8220 standard membership can save you money.