What Is the difference between an executive membership and a regular? I know the executive membership is $120 and the other is $60 Why is it more beneficial to have the executive membership?

The Executive membership gives you additional savings.

If you dont save $60 in rewards Costco will refund the difference

Agree to answer above. Don't need to buy all that much to make it break even. I find it worthwhile.

You get a 2% cash back on qualifying purchases plus travel deals. If you spend a lot of money at Costco it's worth it. They send the check to you around 2 months before your membership renews so you can apply it towards your renewal if you want or anything you would like, it's up to you.