Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
House conservatives to lead prayer for end to...
GOP senators push for Charlie Kirk statue in...
Biden autopen investigation ‘has heated up’ as DOJ...
States sue Trump admin over billions in looming...
NASA’s ‘quiet’ supersonic jet completes first flight in...
Trump claims Asia tour returned ‘trillions’ to US...
‘Unprecedented’ panel of federal judges will tackle antisemitism...
Schumer, Dems call ‘bull—-‘ on Trump administration over...
US rescue teams to descend on hard-hit Caribbean...
Republicans dub Fetterman ‘voice of reason’ after he...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

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

previous post
Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor
next post
Why ‘wardrobing’ retail fraud soars in the summer

You may also like

Extreme heat is prompting higher home cooling costs....

August 1, 2024

Starbucks CEO is out after just over a...

August 15, 2024

Nordstrom to go private in $6.25 billion deal...

December 25, 2024

Where are low-cost airlines cutting back now? New...

September 2, 2024

OpenAI considering 16 states for data center campuses...

February 8, 2025

RTX, GE Aerospace expect more than $1 billion...

April 23, 2025

Father and son fraudsters sentenced in case of...

May 14, 2025

Walgreens to go private in roughly $10 billion...

March 8, 2025

Vanguard fined more than $100 million by SEC...

January 18, 2025

Microsoft’s mammoth AI bet will lead to over...

October 3, 2024

Recent Posts

  • House conservatives to lead prayer for end to political violence, government shutdown
  • GOP senators push for Charlie Kirk statue in Trump’s National Garden of American Heroes
  • Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source
  • States sue Trump admin over billions in looming cuts to SNAP, food stamps
  • NASA’s ‘quiet’ supersonic jet completes first flight in potential breakthrough for commercial air travel

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Categories

    • Business (946)
    • Investing (3,304)
    • Politics (4,045)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.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 Sightful Invest. All Rights Reserved.