You can see that the current break-even is at $3,000 in spend over your membership year.
Is joining Costco really worth it?
Theres really no definitive answer: The bottom line is that a Costco membership can be worth it, depending on how often you go and what you buy. If you love Costco but only visit for its affordable eye exams and bottles of wine (which you can buy without a membership), you should probably take a pass.
How often does Costco issue rebate checks?
According to Costco: The Reward is issued approximately 3 months prior to your renewal date in a Renewal Statement and reflects rewards earned up until the issue date. Once your Reward is issued, your Costco.com account will show the estimate of your next Reward.