Costco Executive Members receive a 2% Reward on most purchases. Reward is capped at, and will not exceed, $750 for any 12-month period. Only purchases made by the primary and primary household cardholder on the account will apply toward the Reward. Limit one Executive Membership per household or business. Purchases made prior to upgrade do not qualify for the 2% Reward.

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Calculation of 2% Reward
Reward is approximately 2% of pre-tax purchases of most merchandise made through: front-end registers and most ancillary business registers at Costco warehouses; and Costco Web sites in both the U.S. and Canada by U.S. and Canadian residents. In the U.S., Reward is not calculated: (i) on purchases of cigarettes or tobacco-related products, gasoline, Costco Cash Cards, postage stamps, alcoholic beverages in certain states (including Alabama, Georgia, Kentucky, Ohio, and Michigan), and at food courts; (ii) on membership fees; (iii) on purchases not recorded through Costco's front-end registers and transactions done on or through Web sites not hosted by Costco even if accessed through Costco.com, including all business, consumer, and insurance services, the online photo center, Costco Travel, and the My Publisher website; (iv) on miscellaneous fees, deposits and taxes, including sales tax; (v) where prohibited by law or regulation; (vi) on purchases made by anyone other than the account's primary or primary Household Cardholder;