Yes, Costco Executive Members earn a 2% annual reward on most travel purchases made through Costco Travel. This reward is calculated based on the total pre-tax price of qualified vacation packages, cruises, rental cars, and hotel stays booked directly through the Costco Travel website or phone center. In 2026, this reward remains capped at a maximum of $1,250 per year for all qualifying Costco purchases combined. If you also use the Costco Anywhere Visa® Card by Citi to pay for your trip, you can earn an additional 3% cash back on travel, bringing your total potential rewards to 5%. It is important to remember that the 2% Executive reward for travel is only issued to the primary member approximately three months before their membership renewal date. Furthermore, certain travel components like taxes, fees, and "extras" purchased locally (such as shore excursions or spa treatments) are excluded from the 2% calculation. To qualify for the reward, you must be an active Executive member at the time the travel is completed and when the reward is issued.