Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Sentora on the Future of Tokenized Equities in...
Precious Metals Price Update: Another Week of Volatility...
Tartisan Nickel Corp.
TomaGold
TomaGold: Advancing a District-scale Gold and Base Metal...
Tartisan Nickel: Working Towards a Feasibility Study and...
Crypto Market Update: Robinhood Shares Fall on Lower...
Sirios Resources
Prismo Metals Advances to Drilling at Historic Silver...
Sirios Resources: Advancing a Multi-million-ounce Gold Project in...
  • 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

Amazon sued by D.C. AG for allegedly excluding...

December 5, 2024

Dick’s Sporting Goods is latest retailer to forecast...

March 12, 2025

Three-year inflation outlook hits record low in New...

August 14, 2024

Streaming overtakes cable and broadcast as the most-watched...

June 19, 2025

Macy’s says employee hid up to $154 million...

November 26, 2024

‘RFK’ing the french fries’: Steak ‘n Shake becomes...

March 18, 2025

New Starbucks CEO Brian Niccol outlines priorities to...

September 11, 2024

In federal trial, Michael Kors says it’s harder...

September 18, 2024

Amazon and Nvidia say AI data center demand...

April 25, 2025

New Starbucks CEO Brian Niccol commits to working...

September 27, 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

    • Sentora on the Future of Tokenized Equities in 2026 and Beyond

      February 12, 2026
    • Precious Metals Price Update: Another Week of Volatility for Gold, Silver, PGMs

      February 12, 2026
    • Tartisan Nickel Corp.

      February 12, 2026
    • TomaGold

      February 12, 2026
    • TomaGold: Advancing a District-scale Gold and Base Metal Portfolio in Québec’s Chibougamau Mining Camp

      February 12, 2026
    Promotion Image

    banner ads

    Categories

    • Business (936)
    • Economy (839)
    • Investing (3,876)
    • 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