Costco Membership Refund

Costco Wholesale Corporation operates a chain of warehouse or wholesale clubs or retail stores based on membership-only having its headquarters in Seattle, Washington, United States, and located in various other countries worldwide. Costco membership can be availed by registering at their stores, signing up online, or calling up their member services over the phone. Let us see about Costco membership refund.

Costco Membership Refund

Costco Membership Refund

Getting a Costco membership can be very beneficial if you know all the perks and benefits they offer, and it is valid worldwide. Costco has a very flexible refund policy, and they claim to refund the amount of Membership if the customers are dissatisfied with their services. Membership cancellation results in losing access to the card & all cash back benefits and may affect your credit score if using a Costco credit card.

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Costco Membership

Costco membership is beneficial for enjoying the various services offered on gas, groceries, home delivery, pharmacy, Costco Auto program, car rentals, pets, photo center, Costco Travel, etc., and is mandatory as well. Two types of memberships are available:

  1. Gold Star Membership – $60 per year plus taxes
  2. Executive Membership – $120 per year plus taxes

Costco Rewards

Executive members at Costco can enjoy more significant benefits in an annual 2% Reward on Costco Travel and a 3% cash back reward on visa cards by Citi. Costco Anywhere Visa card provides 4% Costco cash rewards on the first $7000 spent on gas, 3% back on restaurants, 2% back on Costco purchases, and 1% on all other purchases. In addition, the card is free of charge if you are already a Costco member.

Benefits of Costco Membership

Costco members are provided a valid household card at all Costco locations worldwide. One of the most exciting Costco benefits is Costco Travel. Other benefits include Costco optical, discounted gift cards, Costco Insurance Agency, low gasoline prices, affordable office furniture, extended warranties, author signings (for all the book nerds!), and eating out at their food courts that offer cheap and delicious food, and many more.

How To Cancel Costco Membership?

Costco has a flexible and generous cancellation and refund policy. For membership cancellation, one can either visit the membership counter at the local Costco or call up their membership services at 1-800-774-2678. The employees then process the refund. 

Costco Refund Policy

The refund process at Costco is hassle-free, and the whole process can take 3 to 10 working days. You can receive a full refund on the Membership and other returned products, but specific terms & conditions need to be known about some of the products. 

Is It Possible to Get a Free Costco Membership?

It is not possible to get a free Costco Membership, but there are ways in which you can shop for free at Costco. Some Costco items can be purchased without a membership; for example, 

  • you can shop online on their website without being a member
  • you can shop with a Costco member or by borrowing a friend’s Costco card
  • place an Instacart order
  • some States allow buying alcohol without any store membership
  • State and federal laws mandate Costco to sell low-priced prescriptions to all
  • check online deals on their website
  • some employees are given a Costco gift card at their jobs

Conclusion

Costco membership offers a variety of perks and benefits to its members. Still, if you are only looking forward to grocery and home shopping, this Membership won’t be much beneficial for you. However, Costco’s refund policy is flexible and generous, so if you want to cancel the Membership at any given point, it is a hassle-free process, and you can get a full refund within 3 to 10 days. 

Frequently Asked Questions
  • How can I return an item purchased at the Costco warehouse?

Just bring the purchased item to the Costco warehouse with the original packaging if possible and within 90 days of purchase, and the item can be returned/replaced.

  • Which Costco membership is a better option?

If you are planning on spending more than $250 per month, go for the Executive Membership and if you are planning on spending less than that, go for the Gold Star membership.

  • How many people can be on the Costco membership?

Two people can be on a Gold Star membership, either regular or executive, one primary member and one free household member over 18 years of age and live at the same address. 

  • What is the expiration date of executive rewards at Costco?

Costco rewards expire on the 31st of December of issuing the membership card.

  • What does Costco do with the returned products?

The returned products at Costco are, depending on their conditions, either disposed of or sold at lower prices during sales. In addition, some companies help Costco sell the returned products by improving their conditions or as it is.

Costco Membership Refund

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