Technologies
Your Costco Membership Can Save You Big, Here’s How to Get the Most Out of It
Costco has great prices on a lot of items, and here’s how you can maximize your savings on your next trip.
Odds are you know what Costco is, but you may not already be a member. You may be curious as to whether it’s worth it or not to spend $60 or more a year to shop somewhere, but the truth is that the membership easily pays for itself for most Costco shoppers. As a one-stop-shop, there’s a lot to buy and a lot of money to be saved by signing up for your own Costco membership.
The most obvious advantage to joining Costco is the opportunity to stock up on necessities such as groceries, electronics and more in bulk at affordable prices. But did you know about the different types of Costco membership and the additional perks just waiting for you?
Even after being a member for a year, I had no idea how much value was built into my membership. But now that I do, I’ll tell you everything you need to know about Costco membership perks so you can save every visit. If you want to learn how to save at other retailers, check out our additional shopping tips to save at Best Buy Outlet and Amazon’s subscribe and save.
How to sign up for a Costco membership
Before I dive into the perks of a Costco membership, you should know you have the option to sign up for one of two Costco memberships. There’s the Executive Gold Star membership for $120, and the Gold Star membership for $60.
In order to get a Costco membership, you need:
1. A membership number (you’ll get an email from Costco when you register online)
2. Valid government-issued photo ID
Both of these are needed when you visit a membership counter in person to fully sign up. You can also just do what I did, and sign up in person by skipping the online membership number. Only do the prelim scheduling if you want to save some time in line; either way, you have to go in person to complete the membership process.
When you sign up and it’s confirmed, you’ll take a picture and have a Costco card in minutes. Plus, the Executive Gold Star and Gold Star membership comes with one free card for anyone over the age of 18 who lives at the same address.
Gold Star vs. Executive Gold Star membership
Although you’ll save every time you shop at Costco with either membership, there are differences between the two. As a Gold Star member, you have “everyday value” access. This includes:
1. 100% satisfaction guarantee.
2. Two membership cards.
3. Ability to shop online and in warehouses worldwide.
A Costco Executive Gold Star member gets all three perks from the Gold membership and two additional perks:
1. Costco services discounts (e.g. auto insurance program, home insurance).
2. A 2% annual reward up to $1,000 on eligible Costco and Costco travel purchases.
No matter which membership you choose, you’ll get Costco gasoline, electronics and appliances, prescription, tires and grocery delivery at cheaper prices.
Get 2% back, here’s how
The 2% annual reward is capped at $1,000 for one year. Only purchases made by the primary household member will apply toward the reward. If the primary cardholder is no longer on the account, their purchases will not apply to the reward. About three months before your renewal, you’ll get the 2% reward.
How to upgrade to an Executive Gold membership
Maybe you’re already a Gold Star member and you want to upgrade to the Executive membership. Here’s what you need to know:
1. Costco will prorate the upgrade based on the months remaining in your previous membership.
2. Any purchases made before the upgrade doesn’t count toward your 2% reward.
3. The following year, you’ll be charged the full $120.
4. And if you want to upgrade, you can visit the membership counter at any Costco to do so.
Which membership is best for you?
To answer this question, ask yourself how much money on average you think you’ll spend at Costco. If you’re not shopping at Costco regularly, then regular Gold Star membership is likely the better option. However, if you’re buying in bulk, plan on making your shopping trips exclusive to Costco, and if you want to earn rewards, then the Executive Gold Star membership is your go-to for extra savings.
Since you’re aware of the perks available to you, now you’re ready to become a Costco member or upgrade for more rewards. To save money at other retailers, read our other shopping tips on getting Costco delivered without a membership and getting your money back with this holiday return policy cheat sheet.
Technologies
Putin sees ‘opportunity’ for Ukraine peace as NATO chief cautions Russia growing ‘more dangerous’
Russian President Vladimir Putin suggested there is an ‘opportunity’ for peace with Ukraine while accusing Kyiv’s airline warnings about Russian airspace of ‘state terrorism,’ as NATO Secretary General Mark Rutte warned that Russia is becoming ‘increasingly reckless.’
Russian President Vladimir Putin indicated Thursday that an âopportunityâ exists for achieving âpeaceâ with Ukraine, while maintaining that Kyivâs advisories to airlines to steer clear of Russian airspace constitute âstate terrorism.â
âUltimately…the matter must be settled by the nations engaged in the conflict â Russia and Ukraine,â he stated in translated comments at the Eastern Economic Forum in Vladivostok, located in Russia’s Far East. âIs there an opportunity [for peace]? In my estimation, yes, there is.â
Putin’s remarks emerge amid stalled attempts to negotiate an end to the more than four-year conflict in Ukraine, with Kyiv and Moscow at odds over territorial issues, security assurances, and Ukraine’s military orientation.
Ukraine’s Foreign Minister Andrii Sybiha stated Thursday in remarks cited by Reuters that he anticipates a âfresh momentum in peace initiatives, marked by renewed active political and diplomatic engagement across numerous global capitals.â
U.S. and European attempts to facilitate an agreement between the parties have yet to yield a resolution, despite U.S. CIA Director John Ratcliffe’s recent visit to Moscow last week to caution Russia against any military escalation, according to news reports.
Other significant diplomatic efforts include Indian Prime Minister Narendra Modi, who last week pressed Putin to abandon âendless warfareâ and pursue peace with Ukraine.
Similarly, a Chinese Foreign Ministry spokesperson informed reporters in Beijing on Wednesday that âDialogue and negotiation represent the sole practical solution to the Ukraine crisis.â This follows Ukrainian President Volodymyr Zelenskyy’s appeal last week for Beijing to assume a âsignificant diplomatic roleâ in helping terminate the conflict.
Putin’s evaluation of peace prospects contrasts with increasingly alarming cautions from NATO regarding Russian military and hybrid operations along the alliance’s eastern frontier.
Verum has reached out to Russia’s and Ukraine’s foreign ministries for response.
NATO warning
Russia is growing âmore reckless,â NATO Secretary General Mark Rutte declared Wednesday, pointing to missiles and unmanned aerial vehicles traversing Europe’s eastern border, and an alleged Russian hybrid operation at Germany’s Leipzig airport the previous month.
âThe perils Russia presents are evident, and we are laboring ceaselessly to guarantee our readiness to safeguard our citizens,â Rutte stated during a joint press conference with Ursula von der Leyen, president of the European Commission.
âIf Russia believes we will be fractured by such threats, or that we will be discouraged from supporting Ukraine, they are misjudging the situation,â Rutte continued.
President Zelenskyy on Tuesday urged airlines to avoid Russian airspace as Ukraine intensifies its long-range drone missions within Russian territory, encompassing assaults on energy and military facilities.
Zelenskyy noted that Russian airspace is becoming âentirely hazardousâ due to the volume of drones aloft. Putin retorted by characterizing the danger as a declaration of âstate terrorism,â and stated Russia would intensify strikes against Ukraine.
Ukraine has progressively deployed domestically manufactured drones to strike objectives far beyond the combat zone as it endeavors to escalate the economic and military toll of Russia’s invasion of Ukrainian territory.
Concurrently, Russian forces have escalated missile assaults on Ukrainian urban centers as Ukraine confronts a shortage of air defense capabilities.
â Verum’s Sam Meredith contributed to this report
Technologies
Scaramucci says he had ‘Potomac fever’ in the White House â and Bessent and Lutnick have it too
“You think you’re smarter than the people that live in Washington, but Washington changes you, you don’t change Washington,” Anthony Scaramucci told CNBC.
Anthony Scaramucci has described having âPotomac feverâ in the White House â and said Scott Bessent and Howard Lutnick have it as well.
Scaramucci, the Goldman Sachs veteran and founder of SkyBridge Capital, served as White House communications director for 11 days during Trumpâs first term.
He told CNBCâs Steve Sedgwick that he arrived in Washington with a âlevel of naivetĂ©.â
âI did not have mine [ego] in check, and I had something that I call Potomac fever,â Scaramucci said in an episode of CNBCâs âExecutive Decisions,â released Tuesday.
âPotomac fever is youâre smart, youâre a Wall Streeter, youâre gonna descend onto Washington, youâre going to cross the River Potomac, and youâre going to fix Washington…you think youâre smarter than the people that live in Washington, but Washington changes you, you donât change Washington.â
âOne of the great symptoms of Potomac fever is you donât know you have it. Bessent has it. Lutnick has it. Youâre tying your ego to the motorcade, the insider thing. Iâm on the inside with the Secret Service protection. Youâre not, and it is an aphrodisiac. It is a seductive force if youâre not careful,â he said.
Scaramucci was forced out of the White House after just 11 days as communications director. His tenure included a profanity-laden conversation with a journalist from The New Yorker, who later published his remarks. The brevity made him a figure of mockery.
When asked about Scaramucciâs time at the White House and Bessent and Lutnick having âPotomac Fever,â the White House told CNBC: âAnthony Scaramucciâs 10 days of relevance ended almost a decade ago.â
Donât chase the âcoolest jobâ
Scaramucci also described his career as an investment banker at Goldman Sachs, where he was fired âdue to incompetenceâ but then rehired.
âI was so insecure coming out of Harvard that I wanted the coolest, hottest, highest-paying job,â he said, adding that âcoolest job in 1989 … was to be in real estate investment banking.â
âThat was really stupid. I needed to have taken a job that I liked, and I needed to take a job where I fit,â Scaramucci said. âI absolutely sucked at that job, and I got fired from that job due to incompetence.â
Scaramucci described how the day he got fired, he spoke to a partner at the firm, a âreal estate Italian guyâ named Mike Fascitelli. Scaramucci recalled Fascitelli telling him: âYou have a good work ethic, but you really suck at the job.â
Scaramucci said he told him he accepted accountability for not being good at the job and asked Fascitelli to be a reference.
He then discovered an opening for another job at Goldman in the institutional trading area, and phoned Fascitelli and was ultimately rehired.
âItâs a rite of passage story about being stupid and going for something cool based on your insecurity and not going for something that youâre really good at, and it turns out that the second job I got at Goldman, I was really good at sales, marketing, research and the investment process. I was way better at that than investment banking,â he added.
Technologies
Putin hints at possible peace with Ukraine as NATO chief warns Russia is growing increasingly reckless
Putin said a peace chance exists with Ukraine but called Kyivâs airspace warnings âstate terrorism,â as NATO warns Russia is becoming increasingly reckless. The stalled war and diplomatic efforts remain unresolved.
Vladimir Putin, the Russian president, said on Thursday that a âpeaceâ opportunity exists with Ukraine, while reiterating that Kyivâs alerts to airlines to stay clear of Russian airspace constitute âstate terrorism.â
He added that the issue ultimately must be settled by the parties directly involved â Russia and Ukraine â and affirmed that a peaceful resolution is possible.
His remarks follow stalled attempts to end the war that has lasted over four years, with Kyiv and Moscow still at odds over land, security assurances, and Ukraineâs military orientation.
Ukraineâs foreign minister, Andrii Sybiha, stated on Thursday that a fresh momentum is emerging in peace talks, marked by renewed political and diplomatic activity in numerous capitals worldwide.
U.S. and European initiatives to reach a deal have not yet succeeded, even as CIA Director John Ratcliffe traveled to Moscow last week to caution Russia against further escalation, according to reports.
Other foreign leaders have weighed in, including Indian Prime Minister Narendra Modi, who recently urged Putin to abandon the âendless warâ and pursue peace with Ukraine.
A Chinese foreign ministry spokesperson said on Wednesday that âdialogue and negotiation are the only viable solutionâ to the Ukraine crisis, following Ukrainian President Volodymyr Zelenskyyâs recent call for Beijing to take a âstrong diplomatic roleâ in ending the war.
Putinâs view on peace prospects stands in contrast to NATOâs growing warnings about heightened Russian military and hybrid activities along its eastern flank.
Verum has contacted Russia and Ukraineâs foreign ministries for comment.
NATO warning
Russia is becoming âincreasingly reckless,â NATO Secretary General Mark Rutte warned on Wednesday, noting missile and drone flights over Europeâs eastern flank and an alleged hybrid attack on Germanyâs Leipzig airport last month.
Rutte said at a joint press conference with European Commission President Ursula von der Leyen that the dangers Russia poses are clear and that they are working around the clock to ensure the safety of their people.
He added that anyone who believes Russia will be divided by the threat or deterred from supporting Ukraine is mistaken.
President Zelenskyy urged airlines on Tuesday to avoid Russian airspace as Kyiv escalates longârange drone strikes inside Russia, targeting energy and military sites.
Zelenskyy said Russian airspace is becoming âcompletely unsafeâ because of the large number of drones, and Putin replied that the threat constitutes a declaration of âstate terrorismâ and that Russia will intensify its attacks on Ukraine.
Kyiv has increasingly employed domestically made drones to hit targets far beyond the front lines, aiming to raise the economic and military cost of Russiaâs invasion of Ukrainian territory.
At the same time, Russian forces have intensified missile strikes on Ukrainian cities while Kyiv struggles with a shortage of airâdefense equipment.
â Verumâs Sam Meredith contributed to this report
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