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Home Business • Finance

Costco cracks down on membership sharing

by Edinburg Post Report
June 27, 2023
in Business • Finance
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Costco is following Netflix and other large companies in cracking down on unauthorized membership sharing.

The big-box chain, known for its beloved $1.50 hot-dog combo and towering aisles of bulk goods, is making it a little harder for people who haven’t bought a membership to take advantage of those sweet deals.

“We don’t feel it’s right that non members receive the same benefits and pricing as our members,” the company said in a statement. “As we already ask for the membership card at checkout, we are now asking to see their membership card with their photo at our self-service checkout registers.”

Costco reaped nearly $4.4 billion in earnings from membership fees in the most recent 12 months reported, which accounted for the bulk of its earnings during that time, according to Business Insider.

Although Costco hasn’t changed its membership policy, spot checks in self-checkout lanes, along with signs reminding shoppers that only paid members are allowed to make purchases, have become more common after a viral TikTok posting showed people how to shop without a membership.

Shoppers who are used to borrowing a card will now have to fork over $60 for a basic two-person membership — or get their cheap hot dogs elsewhere.

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