Costco is a membership-based retailer that offers a wide variety of products, including appliances, electronics, jewelry, furniture and more. The Costco Business Membership is available for companies that wish to purchase products in bulk for resale. This membership offers significant savings over buying on your own or through other retailers.
What Is the Costco Business Membership? How It Is Define?
The Costco Business Membership is a membership for businesses that want to save money on purchases, such as office supplies, computers and furniture. The main benefit of the Costco Business Membership is that you can purchase in bulk. This allows you to get items at a lower price than you would be able to get them elsewhere.
Another benefit of the Costco Business Membership is that you don’t have to be a business owner or worker to join. Any individual who needs office supplies or other items can sign up for this membership. The only requirement is that your company must be located within 15 miles of one of the Costco warehouses in order for you to use it as your home address on your application form.
How Do I Get A Costco Business Membership? What Is The Process?
Costco Business Membership is for small businesses. There are no minimums to join and no annual fees.
Costco Business Membership is available to individuals who own or operate a business that meets the following criteria:
Businesses that have a corporate office and at least one other location where they conduct 10% or more of their business.
Businesses with a single location where they conduct 10% or more of their business.
If you meet these requirements, you can apply for Costco Business Membership by completing an application form, which can be found on our website. Once approved, you’ll receive your membership card in the mail within two weeks of approval.
How Much Does It Cost To Become A Costco Business Membership?
The fee is $55 per year, or $110 for three years. That’s not bad considering the benefits of being a business member include:
A 2% reward on all eligible purchases. This is up to $750 in cash back in your first year, with more rewards every year after that.
The ability to buy and sell Business Gift Cards at face value through Costco’s website and call center.
An additional discount of 0% – 1% when purchasing select items including computers, furniture and office supplies.
What Are The Benefits Of Becoming A Costco Business Membership?
Costco Business Membership is a great way to save money and earn rewards at the same time. If you are a small business owner, then this is the best option for you. You can use these cards to buy anything from food to electronics.
The following are some benefits of becoming a Costco Business Membership:
Savings: The first and foremost benefit of becoming a Costco Business Member is that you can save money on all kinds of products that your business uses. You can even save money on food items like meat, veggies, etc., which will help you reduce your expenses significantly.
Rewards: The other benefit of becoming a Costco Business Membership is that you will get rewards when you spend more than $1,000 in one transaction. These rewards can be redeemed for cash back or gift cards as per your wish. This means you will be able to get some extra cash in hand by saving money on products which are important for your business growth.
Cash back: Cash back is another great benefit which comes with the Costco Business Membership card. You will be able to get some extra cash back on most products which are sold at the store because they offer up to 3% cash back on certain categories such as travel services and home improvement items like furniture and appliances.
How Do I Apply For A Costco Business Membership?
The first step to enrolling in a Costco Business Membership is to call your nearest Costco warehouse and request to speak with the Membership Services Department. If you are interested in applying for a business membership, please have the following information ready:
- Your business name, address and phone number;
- Your business EIN number (Employee Identification Number);
- The names and addresses of any other businesses that are wholly owned by your company;
- A copy of your current government-issued photo identification card, such as a driver’s license or passport;
- If you are not the primary owner of your company, please provide proof that you have authority to apply for this type of membership on behalf of the company (such as an official letter on company letterhead stating that you have been given authority over this application).
Conclusion
Costco Business Membership is a membership that provides wholesale prices to business owners. The membership is designed for businesses that need a large amount of goods, and it can save individual business owners up to 50% on items in the warehouses.
FAQ’s About Costco Business Membership
You can sign up for a business membership by visiting your local Costco warehouse or calling 800-774-2627.
All businesses are eligible for a business membership, with the exception of clubs that sell alcohol, tobacco or pharmaceutical products, or nightclubs and casinos.
Discounted pricing on most products purchased at Costco Wholesale warehouses (not in Costco Gas Stations or on Costco.com).Warehouse shopping privileges at any Costco location worldwide .Access to special offers and other incentives through our website and e-newsletter
Costco Business Memberships are available for $55 per year (plus tax). The annual fee for your business is due each anniversary month of your account opening date.
You can sign up online or in-store with a credit card or cash. You will need to provide your business information, including tax ID number and address. If you don’t have a tax ID number, you can still apply for membership but you might have to pay an upfront fee of $10 (this will be refunded if approved).
Yes! As long as you’re a member of any type of Costco membership program (like Gold Star or Executive), you can shop at any other location as well.
It’s Costco’s business membership program that offers wholesale prices on a wide variety of products and services.
Yes! You can add as many as 5 additional members to your account as long as they are employed by the same company or organization (or have some other connection to each other). Each additional member will pay the same $55 annual fee plus tax, but only one card will be issued to the account owner (that person is responsible for keeping track of everyone else who uses their card).
