Many shoppers join warehouse clubs like Costco to access members-only deals. Getting a discount on groceries, clothing, household items, and electronics can be a win for your wallet. But you have to pay to join Costco.

If you are hesitant about joining, I suggest you become a member to experience it for yourself. I’ll also share some tips for maximizing your Costco membership and explain why it’s worth joining even if you’re not sure if you’ll benefit from it.

Costco’s 100% Satisfaction Guarantee

Subscriptions and membership fees can add up quickly. If you’re considering becoming a Costco member but are worried about shelling out money for another membership, don’t let the cost scare you away.

For what? Costco offers a 100% member satisfaction guarantee. The retailer will refund your membership fee if you decide to cancel your membership. If you want to see what the warehouse club retailer has to offer, it’s worth signing up.

Chances are, you’ll be happy with the deals and variety of products and services Costco offers. But you can have confidence knowing that you can cancel your membership and get your money back if you’re not satisfied.

I too was skeptical for a long time, but I gave in and joined the group last August. I’ve been a Costco member for over two months now and have yet to set foot in my local club. But I’ve already shopped several deals on Costco.com. These were all purchases I had planned to make anyway, and I saved money on them.

Want to save money on your Costco haul? Use a cash back credit card at checkout. Click here to explore our list of the best cash back credit cards and see how easy it is to earn cash back rewards when you shop..

Here’s how much you’ll pay to be a Costco member

Now that you know about Costco’s membership guarantee, you may be wondering how much you can’t expect to pay for membership. Costco offers two membership options and their costs differ.

A standard Gold Star membership costs $65 per year. The retailer’s premium membership option, Executive, costs $130 per year. The biggest perk of being an Executive Member is the ability to earn 2% rewards on eligible Costco purchases, including Costco Travel reservations. As an Executive Member, you can earn up to $1,250 in annual rewards.

An executive membership is worth it for those who spend at least $3,250 a year at Costco. With this annual spend, you’ll earn $65 in rewards, allowing you to break even with the added cost of a premium membership. And shoppers who spend even more will earn enough rewards to cover the additional cost of membership, and earn money, too.

It’s an easy way to earn rewards when you shop

Costco has great deals on essentials like groceries, clothing, toiletries, and household items. Buying Costco deals is one way to keep more money in your checking account.

You can also save money by earning rewards when you swipe your credit card at checkout. With the right card in your wallet, it’s easy to get rewarded when you shop. Want to save even more? Click here to see our list of the best credit cards with big rewards at Costco.