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

Whale Large Capital

Business

Costco cracks down on sharing membership cards

by 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
US issues warning to Iran of ‘serious risk’ if it carries out retaliatory attack against Israel: report
next post
After Venezuela’s contested presidential vote, experts say government results are a ‘statistical improbability’

You may also like

Disney raises streaming prices for Hulu, Disney+ and...

August 7, 2024

‘People are stretched’: Average consumer now carries $6,329...

August 9, 2024

Biden administration seeks to avoid default crisis for...

January 16, 2025

CVS is under pressure and considering a breakup....

October 5, 2024

SEC Chair Gary Gensler will step down Jan....

November 22, 2024

Americans who moved abroad say this big expense...

August 7, 2024

Affirm announces JPMorgan Chase merchants can now offer...

March 26, 2025

Trump Media shares sink to new post-merger low...

September 12, 2024

Kroger chairman and CEO resigns following investigation into...

March 3, 2025

CVS replaces CEO as profits, share price suffer

October 19, 2024

    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

    • Playboy moving its headquarters to Miami Beach and opening a new club

      August 17, 2025
    • Trump closes out 30th week in office with ‘very warm’ high-stakes Putin meeting

      August 16, 2025
    • State Department stops issuing all visitor visas for individuals from Gaza

      August 16, 2025
    • Zelenskyy outlines peace demands before high-stakes White House meeting with Trump

      August 16, 2025
    • Putin backs Trump’s claim that the Ukraine war would not have happened if he’d won 2020 election

      August 16, 2025
    • ROBERT MAGINNIS: What comes next for US, Russia and Ukraine after Alaska summit

      August 16, 2025

    Categories

    • Business (762)
    • Investing (661)
    • Politics (5,275)
    • World News (3,213)
    • 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 © 2025 WhaleLargeCapital.com | All Rights Reserved