Costco Taiwan to raise membership fees for first time in a decade

Taipei, Jan. 5 (CNA) Costco Taiwan said Monday it will raise its membership fees for the first time in 10 years, with the changes taking effect on April 1, 2026.

The annual cost of Gold Star membership in Taiwan will increase from NT$1,350 (US$43) to NT$1,500, Business membership from NT$1,150 to NT$1,500, and Business Add-on membership from NT$900 to NT$1,500, the company said.

Executive membership fees will remain unchanged, and exclusive services and rebates of up to NT$30,000 -- the highest in Asia and the second highest globally -- will be maintained, according to Costco.

Each Business Add-on membership will continue to include one free household card, allowing entry for one cardholder and two accompanying persons, the U.S. big-box retailer said.

Costco Taiwan said it last adjusted its membership fees in 2016 and has since invested in logistics improvements and professional service centers, such as hearing and optical centers, as well as gas stations.

The company said it will continue to expand its promotions during periods such as Singles' Day and Black Friday and strengthen the price advantage of its Kirkland Signature private label.

Costco operates 14 warehouse stores in Taiwan, according to its website.