(CNN) – Costco is raising membership fees, though not by much.
It’s only going to cost basic members an extra $5 a year, bringing the cost up to $65 annually.
Executive memberships are going up $10 to $130 a year.
It’s the first membership price hike in seven years. But it should help keep other prices at the store down.
Last year, Costco made $4.6 billion from membership fees.
The new membership fees go into effect September 1.
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