Being a member of a warehouse store can be incredibly beneficial. You get access to large quantities of products that often aren’t available anywhere else, and you can find them at great prices. If you enjoy stocking up on items for your family or business without having to run to the store every week, then having a Costco membership might be worth it.

However, as life and your needs change, you may find that your current membership isn’t working anymore. You still want access to the store, but you also want to save even more money. That may have you wondering how to downgrade Costco membership.

If you’re wondering how to change Costco membership, there are a couple of different ways to achieve your goals. Read on to discover what those are!

Different Membership Levels

Before walking you through the steps of downgrading your Costco membership, it’s helpful if you know the different levels to choose from.

In essence, there are three different membership levels, which include the following:

Executive Membership

This is the highest tier of the Costco membership program, and currently, it has a $120 annual membership fee. You get a free Household Card that is valid at all Costco stores worldwide, as well as a 2% annual reward on qualified Costco purchases. The Executive Membership also offers additional benefits and more savings on Costco Services, as well as select Travel products.

Business Membership

With this membership, you get a Household Card that can be used at any Costco store around the world for a $60 annual membership fee. You can also add Affiliate Cardholders for $60 each. The benefits of this account are that you get purchases for resale, assuming you provide Costco with the appropriate information.

Gold Star Membership

For this membership level, you get a Household Card that is valid at Costco around the world for a $60 annual fee.

Knowing which level to choose will depend on personal preference and which one fits best with your lifestyle and budget.

How to Downgrade Costco Membership

There are a variety of different reasons why you may be asking how to downgrade Costco membership, and you don’t have to explain yourself to us. To change Costco membership, you can either do it online, on the phone, or in person.

Here’s how to change Costco membership online:

Step 1: Log in to Your Costco Account

When wondering how to change Costco membership, the first thing you need to do is log in to your Costco account.

You can access this using any browser on your computer. When prompted, make sure to type in your username and password.

Step 2: Go to Your Membership

When learning how to downgrade Costco membership, once you’ve gained access to your account, you’ll then need to click on the “My Membership” tab from the menu bar at the top of the screen.

Step 3: Change Costco Membership from Executive to Gold

Once you are in this section of your profile, to update Costco membership and downgrade it, you will change Costco membership from the “Executive” selection to the “Gold Star” selection.

That’s it!

After making this change (and making sure your dues are up to date), you can then head to the nearest Costco and shop as you normally would.

In addition to changing your membership online, you also have the option of calling Costco’s Membership Services and requesting assistance. 

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Consider Your Wants and Needs

Before downgrading or canceling your Costco membership, you need to consider your wants and needs to determine if you’re getting the most out of your subscription. It’s always nice to save money, but if you’re only visiting a Costco store every few months and you’re not taking advantage of the extra services or bulk purchases, you might be paying too much for what you’re getting.

Downgrade Costco Membership using your phone

Here’s how to change Costco membership using your phone.

Step 1: Call the 800 Number

The first thing you’ll need to do when using your phone to change your membership status is to call 1-800-774-2678.

Make sure to have your card with you so that you can verify your information with the customer service representative on the phone.

Step 2: Ask to Downgrade Your Account

Once you have verified your information and the person on the other end asks how they can help, all you have to do is tell them that you want to downgrade your account.

With a click of a button on their end, this should be taken care of quickly and easily!

Go in person

Yet another option you have when it comes to wondering how to downgrade Costco membership is to talk to someone in person. If you happen to be in a Costco store, someone at the membership counter can help you. Here’s what you need to do:

Step 1: Walk up to the Membership Counter

After entering Costco, find the membership counter and approach one of the employees working there.

Step 2: Ask to Downgrade Your Membership

You should already have your card with you, but make sure it’s out and available if the membership counter employee asks for it.

When given the opportunity, ask to have your membership downgraded. It shouldn’t take much effort on the employee’s part, and once they’ve taken care of things on their end, you can go about shopping for the products you want and need.

Can I replace my Costco card online?

Unfortunately, no. If you’ve lost your card or something else has happened to it, you need to go to the Costco store and talk to someone at the membership counter.

You have to be able to prove you are who you say you are before a new card will be issued, so make sure you have your current ID with you to present to the Costco employee.

Can I cancel my Costco membership and get my money back?

Costco wants to ensure that its customers are always happy and satisfied. If you decide to cancel your membership for whatever reason, they will give you your money back.

If you are planning on canceling your membership in person, there are a couple of things you need to have:

  • Your Costco membership card
  • A valid ID

When you cancel, you will get a full refund of your money back, assuming you meet these criteria:

  • The membership fee has to have posted to your bank account. Typically, payments occur on the third of each month, so you may need to wait until that day passes to cancel your membership and get your money back.
  • You may have to confirm the amount that was charged to your account and verify the credit card information that was used to pay for the subscription. Having that handy could make the cancellation process go quickly and smoothly.

Can I cancel my Costco membership over the phone?

You can! All you have to do is call the 800 number, answer some security questions and make your request.

This can be incredibly beneficial if you’re worried about dealing with long lines at the Costco store or you just don’t want to drive down there to take care of your membership status.

You also have the option of canceling your membership in person. However, at this time, you can’t cancel your membership online.

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Beyond Savings in the Store

If you are already a Costco member, you know the benefits that come with shopping in this store. You get great discounts on bulk products so that you can keep your pantry and house stocked. But did you know that the savings extend beyond the products in the store?

Some of the other benefits you can claim include applying for mortgages and car loans, insurance, health services, travel packages, small business discounts, and more. If you haven’t explored these Costco privileges, check them out today!


There are a variety of benefits that come with having a Costco membership, and shopping there can be a great way to keep your home stocked with the items that make life easier. However, to get the most out of these benefits, you do have to pay a membership fee.

If you find that your lifestyle or needs have changed, you may be wondering how to downgrade your Costco membership. There are different ways to achieve this goal, including the following:

Change Your Costco Membership Online:

  1. Log in to Your Costco Account
  2. Go to Your Membership
  3. Change Costco Membership from Executive to Gold

Calling Costco’s Membership Services:

  1. Call the 800 Number
  2. Ask to Downgrade Your Account

Talk to Someone in Person:

  1. Walk up to the Membership Counter
  2. Ask to Downgrade Your Membership

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