Get ready to pay a bit more at Costco. The warehouse club announced a membership fee increase in the US and Canada, effective September 1. Annual memberships will jump by $5, rising from $60 to $65, while the "Executive Membership" tier will see a $10 hike, increasing from $120 to $130. Meanwhile, Sam's Club has introduced a new, pricier membership tier that offers access during specific hours.
With the array of benefits that come with these memberships, the potential savings could reassure budget-conscious shoppers. However, with exclusive membership shopping groups raising their fees, some are starting to wonder if there are other options available.
