The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Business

Costco cracks down on sharing membership cards

by admin August 9, 2024
August 9, 2024
Costco cracks down on sharing membership cards

The days of sneaking into Costco with someone else’s card are coming to an end. The retailer is cracking down on sharing membership cards with a new policy in which all cards will be scanned at store entrances. 

Costco said in a recent statement on its website: “Over the coming months, membership scanning devices will be used at the entrance door of your local warehouse.”

Under the new process, all members must scan their physical or digital cards by “placing the barcode or QR Code against the scanner.” Previously, shoppers typically only had to present their membership cards at the cash register during checkout. 

Guests without cards must be accompanied by a member to enter, making it harder to slip in on borrowed cards.

Members with cards without photos will be asked to show valid photo ID, and they are encouraged to have their photos taken to add to their cards at the membership counter.

The statement said an attendant would be at store entrances to assist shoppers.

Attendants will ask members whose cards are inactive or expired or those who would like to sign up for new memberships to stop at a membership counter before they enter the warehouse to shop. 

Costco did not immediately respond to a request for comment.

Costco relies on membership fees to drive most of its revenue and help keep merchandise prices low.

The new card-checking policy is the latest effort to put a stop to non-members’ taking advantage of the benefits.

Last year, Costco stepped up enforcement by adding an extra check for memberships in self-checkout aisles to stop shoppers from using other members’ cards. 

The chain also announced last month it would increase its membership rate for the first time since 2017. The fee will rise by $5 in the U.S. as of Sept. 1, from $60 to $65. Its higher-tier plan, called “Executive Membership,” will increase to $130 a year from $120.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
U.S. stocks close higher, bouncing back from deep sell-off
next post
Costco cracks down on membership card sharing

Related Posts

Peloton announces Ford exec, founder of Apple Fitness+...

November 1, 2024

Cucumbers shipped to 14 states recalled over Salmonella...

June 4, 2024

Will schools finally pay student-athletes? What a historic...

May 25, 2024

As Trump eyes more tariffs, South Korea remains...

February 15, 2025

Delta says the Olympics will cost it $100...

July 13, 2024

Reddit targets international users for ad growth, teases...

November 28, 2024

‘So darn easy’: IRS’ free Direct File pilot...

March 8, 2024

U.S. economy grew at a 2.8% pace in...

July 26, 2024

Philadelphia Fed President Patrick Harker advocates for interest...

August 24, 2024

Johnson & Johnson to pay $6.5 billion to...

May 3, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • McDonald’s Snack Wrap is officially making a permanent return

      June 5, 2025
    • Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

      June 5, 2025
    • OpenAI tops 3 million paying business users, launches new features for workplace

      June 5, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      June 5, 2025
    • Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

      June 5, 2025
    • S&P 500 Bullish Patterns: Are Higher Highs Ahead?

      June 5, 2025

    Categories

    • Business (1,230)
    • Politics (3,640)
    • Stocks (1,393)
    • Uncategorized (45)
    • World News (1,223)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved