Costco Membership Fee Increase, Amazon Eliminates Gift Cards in NYC, and Free Kayak Tours in Copenhagen: Saturday's Top Updates

Money | July 13, 2024, 10:33 p.m.

Costco is raising its yearly membership prices, marking the first increase since 2017. While the famous $1.50 hot dog remains untouched, Executive Members will now receive a 25% cashback increase. Meanwhile, Wells Fargo is causing a stir by making Bilt cardholders reapply for the card they already have, resulting in frustration and confusion among early adopters. On a brighter note, Copenhagen is offering free lunches, kayak tours, and other rewards through its new CopenPay program, encouraging eco-friendly activities in the city. In a surprising move, Amazon appears to be experimenting with removing gift cards from retail stores in New York, potentially signaling a shift towards selling them directly. While these changes may impact consumers and businesses alike, they highlight the ever-evolving landscape of retail and membership services.