New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

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
‘People are stretched’: Average consumer now carries $6,329 in credit card debt
next post
Why ‘wardrobing’ retail fraud soars in the summer

Related Posts

Federal Reserve holds interest rates steady as consumer...

February 1, 2024

Boeing’s Starliner losses top $2 billion after spacecraft...

February 6, 2025

Trader Joe’s-branded cashews sold in 16 states recalled...

March 20, 2024

How Calvin Klein and Tommy Hilfiger got caught...

February 7, 2025

Ulta Beauty CEO outlines plans to boost sales...

June 2, 2024

S&P 500 hits all-time high, surpassing previous record...

January 20, 2024

Amazon Prime Video viewers will have to pay...

December 29, 2023

EBay to eliminate about 1,000 jobs, or 9%...

January 24, 2024

How a $5 million fix turned Paramount Pictures’...

March 5, 2025

New Hampshire city gears up to quadruple its...

December 18, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • Colombian model’s murder, just days after Mexican influencer shot on live stream, sparks condemnation of femicide

      May 19, 2025
    • Israel begins extensive Gaza ground operation after intense airstrikes kill more than 100 overnight

      May 19, 2025
    • These dragon’s blood trees exist in only one place on Earth. Now their survival is under threat

      May 19, 2025
    • Polish centrist and nationalist presidential candidates to face off in 2nd round

      May 19, 2025
    • Portugal’s ruling center-right alliance wins election, but far-right makes record gains

      May 19, 2025
    • Tanzanian opposition leader appears in court for treason trial

      May 19, 2025

    Popular

    • 1

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 2

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 3

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023
    • 4

      Americans are starting to feel better about the economy and inflation

      December 13, 2023
    • 5

      Rare Earths Stocks: 8 Biggest Companies in 2024

      January 12, 2024
    • 6

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 7

      Investing in Graphene Companies

      May 9, 2024

    Categories

    • Business (1,322)
    • Investing (3,130)
    • Politics (4,115)
    • World (4,067)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.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 newmarketperspective.com | All Rights Reserved