Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
L.A. County sues Roblox, alleges platform makes it...
AI Still Has Legs, but Valuation Risk is...
Crypto Market Update: White House Pushes for Compromise...
Anglo Takes Third De Beers Writedown in Three...
Cellulose Breakthrough Could Simplify Rare Earths Separation
Western Copper and Gold Announces Filing of Final...
Tech Weekly: Stocks Rally After SCOTUS Ruling on...
Top 5 Canadian Mining Stocks This Week: Belo...
Gold and Silver Stocks Dominate TSX Venture 50...
Nuvau Minerals Announces Amendment to Private Placement Terms
  • 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

Promises of ‘passive income’ on Amazon led to...

September 28, 2024

Nvidia’s CEO did a Q&A with analysts. What...

March 28, 2025

U.S. homebuilders raise alarm over tariffs as sentiment...

February 20, 2025

Group accused of using fake accounts to buy...

August 20, 2025

Amazon and Nvidia say AI data center demand...

April 25, 2025

Trump implies government could cut contracts and subsidies...

June 8, 2025

Bitcoin is just another tech stock, not a...

March 26, 2025

Biden administration seeks to avoid default crisis for...

January 17, 2025

Vince McMahon settles with SEC over hush money...

January 11, 2025

‘Shark Tank’ alum Bombas taps former Under Armour...

May 16, 2025

    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

    • L.A. County sues Roblox, alleges platform makes it easy for adults to target children

      February 22, 2026
    • AI Still Has Legs, but Valuation Risk is Back in Focus

      February 21, 2026
    • Crypto Market Update: White House Pushes for Compromise in Stablecoin Negotiations

      February 21, 2026
    • Anglo Takes Third De Beers Writedown in Three Years

      February 21, 2026
    • Cellulose Breakthrough Could Simplify Rare Earths Separation

      February 21, 2026
    Promotion Image

    banner ads

    Categories

    • Business (941)
    • Economy (839)
    • Investing (3,944)
    • 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