Sunday, May 25, 2025
  • Business
  • Investing
  • World-news
  • Stock
No Result
View All Result
Finance Mastery News
Advertisement
  • Business
  • Investing
  • World-news
  • Stock
No Result
View All Result
Finance Mastery News
No Result
View All Result
Home Business

Costco cracks down on membership card sharing

admin by admin
August 9, 2024
in Business
0
Costco cracks down on membership card sharing
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

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

In a reversal, Disney’s media assets are starting to generate more excitement than its parks

admin

admin

Next Post
In a reversal, Disney’s media assets are starting to generate more excitement than its parks

In a reversal, Disney’s media assets are starting to generate more excitement than its parks

    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.

    • Trending
    • Comments
    • Latest
    Criminals are looting millions from ATMs in Europe. Here’s why Germany is a prime target

    Criminals are looting millions from ATMs in Europe. Here’s why Germany is a prime target

    October 28, 2024
    Israeli MP behind bill to expel key UN agency accuses US of interfering with process

    Israeli MP behind bill to expel key UN agency accuses US of interfering with process

    October 28, 2024
    British nurse Lucy Letby loses bid to appeal single attempted murder conviction

    British nurse Lucy Letby loses bid to appeal single attempted murder conviction

    October 25, 2024
    North Korean troops spotted in Russian border region with Ukraine, says Kyiv

    North Korean troops spotted in Russian border region with Ukraine, says Kyiv

    October 25, 2024
    Part of southern France suffers power cut with Cannes festival also impacted

    Part of southern France suffers power cut with Cannes festival also impacted

    0
    Private payroll growth slowed to 122,000 in July, less than expected, ADP says

    Private payroll growth slowed to 122,000 in July, less than expected, ADP says

    0
    The 10 worst states to retire in the U.S. No. 1 isn’t California or New York

    The 10 worst states to retire in the U.S. No. 1 isn’t California or New York

    0
    Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

    Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

    0
    Part of southern France suffers power cut with Cannes festival also impacted

    Part of southern France suffers power cut with Cannes festival also impacted

    May 25, 2025
    Israel is facing unprecedented pressure from allies over its war on Gaza. Can they force it to change its ways?

    Israel is facing unprecedented pressure from allies over its war on Gaza. Can they force it to change its ways?

    May 25, 2025
    A Gaza doctor went to work to save lives. Hours later, her children’s burned bodies arrived

    A Gaza doctor went to work to save lives. Hours later, her children’s burned bodies arrived

    May 25, 2025
    Israeli hostage families blast security chief nominee over reported opposition to hostage deal

    Israeli hostage families blast security chief nominee over reported opposition to hostage deal

    May 25, 2025

    Recent News

    Part of southern France suffers power cut with Cannes festival also impacted

    Part of southern France suffers power cut with Cannes festival also impacted

    May 25, 2025
    Israel is facing unprecedented pressure from allies over its war on Gaza. Can they force it to change its ways?

    Israel is facing unprecedented pressure from allies over its war on Gaza. Can they force it to change its ways?

    May 25, 2025
    A Gaza doctor went to work to save lives. Hours later, her children’s burned bodies arrived

    A Gaza doctor went to work to save lives. Hours later, her children’s burned bodies arrived

    May 25, 2025
    Israeli hostage families blast security chief nominee over reported opposition to hostage deal

    Israeli hostage families blast security chief nominee over reported opposition to hostage deal

    May 25, 2025

    Disclaimer: financemasterynews.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.

    Browse by Category

    • Business
    • Investing
    • Stock
    • World-news

    Recent News

    Part of southern France suffers power cut with Cannes festival also impacted

    Part of southern France suffers power cut with Cannes festival also impacted

    May 25, 2025
    Israel is facing unprecedented pressure from allies over its war on Gaza. Can they force it to change its ways?

    Israel is facing unprecedented pressure from allies over its war on Gaza. Can they force it to change its ways?

    May 25, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 financemasterynews.com | All Rights Reserved

    No Result
    View All Result

    Copyright © 2025 financemasterynews.com | All Rights Reserved