Is Costco Executive membership worth it in Canada?

In Canada, Executive costs $130 a year plus tax, $65 more than Gold Star ($65), and pays 2% back on most Costco purchases, up to $1,250 a year. It pays for itself once you spend about $271 a month on purchases that earn the reward.

From Costco.ca's membership and 2% reward pages, checked October 18, 2026.

Monthly Costco spending, warehouse and Costco.ca

Of that, spending that doesn't earn the 2% (gas, prescriptions, tobacco, food court, Shop Cards, taxes and deposits; see the list below)

Enter your spending above.

Gold Star

$65

cost per year

Executive

$130

cost per year after the 2% reward

Yearly spending that earns the reward$0

Your 2% reward$0

Upgrade cost (Executive minus Gold Star)$65

Break-even spending$271/mo ($3,250/yr)

Fees are before sales tax, which applies to both memberships. Costco.ca's own table shows the same math: $3,250 a year of qualifying purchases earns about $65.

What doesn't earn the 2% in Canada

Costco Canada excludes these in every province:

Gasoline, tobacco products, and all food court items
Prescription drugs and eye examinations
Costco Shop Cards and gift certificates, and membership fees
Taxes, levies, bottle deposits and environmental fees
Costco Services, home delivery charges and administration fees
Tire mounting, balancing and disposal fees, and oil disposal fees
Charitable donations, postage stamps and third-party insurance payments

Quebec and Nova Scotia also exclude liquid milk and cream. Quebec also excludes all pharmacy items (including vitamins and over-the-counter medicine) and all optical centre items. If you live in Quebec, enter those in the "doesn't earn" box.

Stack it with the CIBC Costco Mastercard

The Executive 2% comes from Costco, so it stacks with the card. With the CIBC Costco Mastercard you'd earn about 3% in the warehouse (1% from CIBC plus 2% from Costco) and about 4% on Costco.ca (2% plus 2%). Gas earns only the card's rate. See the CIBC Costco Mastercard calculator.

Other Executive perks in Canada

Besides the 2% reward, Costco.ca lists a $10 monthly credit on Same-Day or Costco via Instacart orders, exclusive offers and extra discounts, additional benefits on select Costco services, and online wills. Costco can change these, so check Costco.ca for the current list.

Common questions

How much is a Costco membership in Canada?

Gold Star is $65 a year and Executive is $130 a year, plus applicable sales tax.

What's the most I can earn?

$1,250 a year, which you reach at about $62,500 of qualifying purchases.

Can I upgrade part-way through the year?

Yes. Costco.ca lets you upgrade from your online account, and it shows a prorated upgrade fee before you pay. You start earning the 2% right away.

Sources: Costco.ca membership fees and Costco.ca 2% reward and exclusions, checked October 18, 2026. Run Don't Walk is an independent fan site, not affiliated with Costco. In the U.S.? See the U.S. Executive calculator.