Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
State Department report condemns South Africa over ‘extrajudicial...
Climate group scrubs judges’ names from website after...
Israeli NGO works behind the scenes to coordinate...
Venezuela human rights hit new low as US...
Feds unseal charges against ‘Barbecue,’ Haitian gang leader...
Ashley Biden files for divorce from husband, Howard...
More than 20 GOP attorneys general call on...
Former Navy SEAL Rep. Eli Crane fires off...
House Democrat presses DOJ on Ghislaine Maxwell prison...
Vance to visit US troops during high-stakes UK...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Business

Costco cracks down on membership card sharing

by admin 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

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

IMAX CEO expects $1.2 billion in box office...

February 23, 2025

Waymo offers teen accounts for driverless rides

July 9, 2025

OpenAI to release web browser in challenge to...

July 11, 2025

Tesla denies report it’s looking to replace Elon...

May 3, 2025

Treasury delays deadline for small businesses to file...

December 28, 2024

Biden administration seeks to avoid default crisis for...

January 17, 2025

Meta approves plan for bigger executive bonuses following...

February 22, 2025

From department store to ice rink: How shuttering...

August 13, 2024

Caroline Ellison, former FTX exec, sentenced to 2...

September 26, 2024

DOJ and FTC warn consumers of fraud and...

October 11, 2024

Recent Posts

  • State Department report condemns South Africa over ‘extrajudicial killings’ in annual human rights report
  • Climate group scrubs judges’ names from website after unearthed chats unmasked cozy ties
  • Israeli NGO works behind the scenes to coordinate aid to Gazan civilians
  • Venezuela human rights hit new low as US puts $50M bounty on Maduro’s head: State Department
  • Feds unseal charges against ‘Barbecue,’ Haitian gang leader with $5M bounty on his head

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Categories

    • Business (869)
    • Investing (2,737)
    • Politics (3,379)
    • Stock (4)
    • About 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 © 2024 Sightful Invest. All Rights Reserved.