Image Source: Facebook | Costco
Costco, following the path of Netflix, confirmed it’s cracking down on people sharing membership cards to sneak into stores after noticing a spike in non-members making purchases at self-checkout.
The confirmation comes after posts on social media showed shoppers venting about at Costco employees asking for their ID cards again at the checkout line. Costco reintroduced self-checkout in 2019.
Costco in a media statement said it has always asked for membership cards at regular checkout and the photo-checking extends the policy to self-checkout. The statement read, “Our membership policy states that our membership cards are not transferable and since expanding our self-service checkout, we’ve noticed that non-member shoppers have been using membership cards that do not belong to them. We don’t feel it’s right that non-members receive the same benefits and pricing as our members.”
Membership fees make up almost 2 percent of Costco’s total revenues.
A regular membership covering one primary member and one free household member costs $60 a year with an executive card level with more perks costing $120 annually. Business Memberships ($60 annually) require another $60 fee for each additional user.
CFO Richard Galanti told The Wall Street Journal that only a “really small percent” of members are sharing cards, “but when you’re dealing with millions of transactions, even a very small percentage is something you would want to correct.”
Some social media complainers noted that they were making purchases for their elderly parent. Some felt harassed by Costco’s staff asking for their photo ID. Wrote one angry Redditor, “I get WHY they are doing it, but they need better training because these employees are treating people like we’re all there to shoplift.”
Netflix reportedly saw a spike in subscriber sign-ups in the days after it notified users after rolling out its password sharing crackdown amid fears cancellation risk.Katie Thomas, who leads the Kearney Consumer Institute, speaking to the New York Times said Costco may be feeling economic pressures similar to Netflix but also felt sharing an occasional card was a “not unreasonable hack” for consumers and could lead to paid memberships.
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