|The Costco Wholesale warehouse in the Teterboro Landing shopping center off of Route 46 in Teterboro is bigger than the old Hackensack warehouse. Improvements include a separate entrance for merchandise returns, below.|
Costco Wholesale members gladly pay an annual fee of $55 or $110 to join the club, because they know they will get far more back in cash rebates.
This month, I received two reward coupons from American Express, which issues my True Earnings-Costco credit card.
They total more than $274, compared to my annual Executive Membership fee of $110.
The credit card itself has no annual fee.
The coupons include cash back on purchases at Costco, outside gas stations, restaurants and other stores.
I'll also be receiving a 2% cash rebate on my warehouse food, clothing and merchandise purchases from Costco -- a unique benefit of joining at the higher Executive Membership level.