Costco's Executive Evolution_ New Perks Revealed

Money Explainers

Costco is rolling out incredible new benefits for Executive members, including early store access and a monthly $10 delivery credit! Get the VIP treatment and maximize your savings. Learn more now! }Attention Costco Executive Members! Prepare for an enhanced shopping experience with earlier entry and a recurring $10 delivery credit. Discover how your membership just got even more valuable. #CostcoExecutivePerks #VIPShopping #SaveMoreAtCostco

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00:00Costco Announces New Benefits, Exclusive Perks for Executive Members

00:04Costco, the retail giant beloved for its bulk products, competitive prices, and even its

00:10famous $1.50 hot dog combos, is further enhancing its value proposition, particularly for its

00:16most loyal customers. The company has announced two significant new perks that will be available

00:22exclusively to its executive members. These benefits are designed to elevate the shopping

00:27experience and provide additional savings for those who opt for the higher tier membership.

00:32Here's a breakdown of what's new for eligible members. One, extended shopping hours and early

00:37access. One of the new advantages for executive members is the privilege of earlier store access.

00:42This means executive members can enter the warehouse before the general public,

00:47potentially leading to shorter lines and less crowded aisles. Specifically, these early shopping

00:52hours will be from 9 a.m. to 10 a.m. from Sunday through Friday, and from 9.30 a.m. to 10 a.m.

00:58on Saturdays. Normally, Costco stores open at 10 a.m. on weekdays and 9.30 a.m. on Saturdays.

01:05It's worth noting that alongside this executive member perk, Costco also announced a general

01:10extension of hours for all customers, all stores will now stay open until 7 p.m. on Saturdays,

01:15an hour later than their previous 6 p.m. closing time.

01:182. The second notable benefit is a monthly $10 credit applicable to same-day delivery orders.

01:25To qualify for this credit, an order must be $150 or more and placed through sameday.costco.com

01:31or via Costco on Instacart. This credit will be automatically applied to eligible orders and can

01:37be used once per month. If utilized consistently each month, this benefit could nearly offset the

01:43annual cost of the executive membership itself. The executive membership is Costco's highest tier,

01:49costing $130 per year compared to the $65 annual fee for the standard Gold Star membership.

01:56When do these new perks start? While this news is certainly exciting, it's crucial to clarify the

02:02timeline. Although the announcement might have happened recently, these new benefits for executive

02:07members will not go into effect until June 30, 2025. So, executive members will need to wait until next

02:14year to begin taking advantage of the early shopping hours and the monthly delivery credit.

02:20These additions to the executive membership underscore Costco's ongoing commitment to its most engaged

02:24customers, continuously striving to enhance the shopping experience and deliver greater value.

02:30For those who frequently make large purchases and appreciate convenience,

02:34the executive membership is becoming an even more compelling investment.

02:38Think of these new benefits as Costco giving its executive members a VIP pass.

02:43It's not just about getting into the concert at the store, but getting to enter through a special,

02:48faster lane before the crowds arrive. And then also receiving a monthly credit to enjoy some

02:53exclusive backstage services like home delivery, making the entire experience smoother and more

02:58rewarding. Money Explainers

03:01Between the

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