Costco is an American company popularly known for providing all the items of general use and more to the residents of the United States. Costco is a retail store that sells food, wine, furniture, toys, health and beauty products, electronics items, types, jewelry and so much more. Mostly, all local shop owners buy supplies in bulk from Costco because it has this motto/principle that items cost less when you buy them in bulk. Yes, Costco membership does auto renew, but only if you ask them to. If you don’t want Costco to auto renew your membership then you are free to cancel auto renewal anytime you want. All the questions related to Costco, their membership program and their membership auto renew the program, and more will be answered here in detail, so keep reading.
Costco Membership Auto-Renewal Policy Explained.
Costco does not auto-renew by default: –
Costco does have a membership program to offer to their customers but there is no default membership auto-renewal policy because Costco does not auto renew memberships by default. If your membership at Costco is expired then you will have to renew it yourself, it will not be renewed automatically.
How does auto renewal work: –
But exceptions are everywhere. By default, your memberships will not be renewed, but if you specifically ask them to auto-renew your membership then they will accept your request happily. You are also free to cancel this auto-renewal service by Costco anytime to want. The control is always in your hands.
To renew your membership at Costco, you simply need to log in to your Costco account. Find the option that says “My Account” and click on “Renew Membership” and your membership will be easily renewed. And in the case of autorenewal, you need to connect your Costco account to your Visa card.
To cancel auto-renewal at Costco, you need to understand that the process of canceling your auto-renewal is as easy as renewing your membership. For this also, you need to login into your Costco account and find the option that says “My Account” and click on “Renew Membership”. Now here is the change. You will not enter your visa card details for auto-renewal instead, you will change it or remove it permanently.
Amount Charged by Costco to Renew Your Memberships.
If you are thinking that Costco will charge you extra money for renewing your membership, then you will be happy to know that it is not true. Costco does not charge any extra money for renewal. You will have to pay the same price you paid when you first purchased a membership.
Or if you have never purchased a membership at Costco, but you are thinking of getting one this time, and you want to know the amount Costco charges from their customers to get a membership program, then you are at the right place.
Different types of Membership Plans at Costco
So, let’s start with the information that Costco does not have a single membership plan. They have varieties, and you have options. You can pick the one that suits you the best according to your budget. There are three different membership plans at Costco. All of them are mentioned below with their price.
- Gold Star Membership Plan only at $60.
- Business Membership Plan only at $60 (same price as gold plan)
- Executive Membership Plan only at $120.
You must be thinking that if Gold Star and Business membership plans have the same price then what is the difference between them. The difference is that the Business Membership plan offers more benefits than Gold Star Membership and the Executive membership plan does not only have high rates but also offers higher benefits as compared to the other plans.
Conclusion
Costco is an American company popularly known for providing all the items of general use and more to the residents of the United States. No Costco does not automatically renew your membership unless you ask them to. Here we discussed everything about Costco’s auto-renewal policy and the amount to have to pay to get a membership at Costco.
Frequently Asked Questions
- How does your membership at Costco last?
When you purchase a membership at Costco, it lasts up to a year. After a year, you must renew your memberships to enjoy the benefits. If you don’t want to renew again and again then you can ask Costco to auto renew your membership time to time
- Will Costco allow me to use the membership card of some other person?
Directly you cannot use someone else’s Costco card but they can buy you a gift card that is used by anyone. You are free to shop using that gift card even if you don’t have your membership at Costco. Costco gift cards have various benefits.
