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Costco sticks it to members with fee hikes

Wednesday, October 5, 2011

On the heels of Bank of America’s $5 monthly debit card fee: Costco is jacking annual fees to imagerecession-weary members. Goldstar, business, business add-on and Canada business members’ fees will go up five bucks to $55. Executive members will pay $110, up 10 bucks.

Noted: Costco net sales for the fourth quarter just announced: up 17% to $27.6 billion. Go figure.

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