Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

Costco cracks down on membership card sharing

by August 9, 2024
August 9, 2024
Costco cracks down on membership card sharing

The days of sneaking into Costco with someone else’s card are coming to an end. The retailer is cracking down on membership card sharing with a new policy where 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 check out. 

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

For members with cards without a photo, they’ll be asked to show a valid photo ID, and are encouraged to have their photo taken to add to their cards at the membership counter.

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

For members whose cards are inactive, expired or those who would like to sign up for a new membership, the attendant will ask them to stop at the membership counter prior to entering the warehouse to shop. 

NBC News has reached out to Costco 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 in an effort to stop shoppers from using other members’ cards. 

The store also announced last month it would increase its membership rate for the first time since 2017. The fee would rise by $5 in the U.S. as of Sept. 1, changing the annual membership fee from $60 5o $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
Netanyahu apologizes for Oct. 7 Hamas attacks, warns Israel now faces ‘full-fledged Iranian axis’
next post
US issues warning to Iran of ‘serious risk’ if it carries out retaliatory attack against Israel: report

You may also like

Trump Media stock sinks to new post-merger low

August 20, 2024

Paramount ends DEI policies, cites Trump executive order

February 28, 2025

Possible work stoppage at Canada’s two largest railroads...

August 19, 2024

Grocery stores are rationing eggs as supply falls...

February 14, 2025

Chipotle to expand to Mexico amid Trump trade...

April 22, 2025

How birria took over restaurant menus across the...

September 26, 2024

What recession? Walmart says consumers are still spending

August 15, 2024

Ad revenue should stabilize for media companies in...

December 30, 2024

Women’s basketball league Unrivaled secures $28M in funding...

December 17, 2024

McDonald’s Snack Wrap is officially returning. Here’s when.

June 4, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


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



    Latest

    • Germany accuses China of laser targeting aircraft in EU mission

      July 9, 2025
    • Tariff case pits Cato Institute against Trump over ‘unlimited’ executive power under emergency law

      July 9, 2025
    • Biden’s strange use of teleprompter in donor’s home infuriated supporters, dashed expectations

      July 9, 2025
    • Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

      July 8, 2025
    • Waymo offers teen accounts for driverless rides

      July 8, 2025
    • Members of Canadian military among four charged in ‘extremist’ plot to grab land in Quebec

      July 8, 2025

    Categories

    • Business (708)
    • Investing (661)
    • Politics (4,832)
    • World News (3,200)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, 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 © 2024 WhaleLargeCapital.com | All Rights Reserved