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Costco Wholesale Corporation

Costco raising membership fee: Frugal dilemmas

Costco Wholesale Corp. will raise its membership fee $5 to $55, Reuters reports. Executive members, who earn annual rebate checks, will see their annual membership increase from $100 to $110.

Other discount warehouses have already made similar moves. According to the story, BJ's Wholesale increased its membership fee by $5 to $45 in January.

Will this decision affect whether you continue to shop at Costco, or whether you plan to join? You have to factor in the increased annual fee to determine whether you could save enough buying in bulk to make it worth your...