Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Forte Minerals Corp. Amendment to Investor Relations Compensation
Flow Metals Announces Closing of Shares for Debt
Questcorp Mining Provides Clarification on Sharing Arrangement
Tech Weekly: Mega-cap Earnings Dominate Narrow Trading Week
Crypto Market Update: Crypto Bill Clears Senate Panel...
Is it Time to Take Profits? Experts Share...
Ross Beaty: Gold, Silver in “Bubble Territory,” What...
Lobo Tiggre: Gold, Silver Hit Record Highs, Next...
Top 5 Canadian Mining Stocks This Week: Vangaurd...
Editor’s Picks: Gold and Silver Prices Hit New...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

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
Costco cracks down on sharing membership cards
next post
Why ‘wardrobing’ retail fraud soars in the summer

You may also like

More than 28% of Americans are searching for...

August 22, 2024

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

September 26, 2024

Meta announces end of its DEI programs. Read...

January 12, 2025

ESPN networks, ABC and Disney channels go dark...

September 4, 2024

Ford and Mazda issue do-not-drive warnings for 457,000...

August 14, 2024

Former Ozy Media head sentenced to nearly 10...

December 17, 2024

Digital health companies got pummeled by Wall Street...

December 26, 2024

TD Bank pleads guilty in money laundering case,...

October 11, 2024

CFPB expands oversight of digital payments services including...

November 23, 2024

DJT shares jump after Trump Media rolls out...

August 5, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Forte Minerals Corp. Amendment to Investor Relations Compensation

      January 31, 2026
    • Flow Metals Announces Closing of Shares for Debt

      January 31, 2026
    • Questcorp Mining Provides Clarification on Sharing Arrangement

      January 31, 2026
    • Tech Weekly: Mega-cap Earnings Dominate Narrow Trading Week

      January 31, 2026
    • Crypto Market Update: Crypto Bill Clears Senate Panel in Narrow Vote

      January 31, 2026
    Promotion Image

    banner ads

    Categories

    • Business (931)
    • Economy (839)
    • Investing (3,786)
    • Politics (747)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.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 © 2026 smarttradeinsights.com | All Rights Reserved