ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Costco Cracks Down On Membership Sharing, Members Will Now Have To Show Valid IDs at Store

Up until now Costco only requested to see the cards at the cash register during the checkout process.
UPDATED AUG 24, 2023
Getty Images | Mario Tama
Getty Images | Mario Tama

Costco is strictly enforcing its membership sharing policy as the wholesale store witnessed a rise in non-members using memberships without paying a dime, as per CBS. The anomaly was noticed during the recently expanded self-checkout where non-members were taking benefits that was meant only for the members. This comes only a few weeks after Netflix rolled out its password-sharing crackdown.

The warehouse's policy hasn't changed as the memberships were never transferable and never will be, a Costco representative told CBS. The spokesperson also said that the company didn't feel it was quite right for non-members to get the same benefits which are enjoyed by the members.

"Costco can keep our prices as low as possible because our membership fees help offset our operational expenses, making our membership fee and structure important to us," a spokesperson told the outlet.

Up until now Costco only requested to see the cards at the cash register during the checkout process. Henceforth, the store will ask the member customers to show their membership cards with their photos, and if the card is without a photo, the member will have to produce a photo ID card to establish the membership.



 

You will be advised to become a member if you buy in bulk. It will save a lot of money in your yearly budget. But what if you don't? Is the Costco membership still worth it? According to Wirecutter, one way is to take benefit of the warehouse club's other services like the price of tires or lifetime maintenance services, pressure checks, flat repairs, and more. Apart from lower prices on products, they also have a generous return policy. The fact that the store can be a stop for errands as it has a food court, optical store, gas station, and also pharmacy can also add to your reasons to get the membership.



 

Executive Membership: This membership plan will cost you $120 annually. The perk includes a free household card and a 2% reward on qualified Costco purchases. It also offers additional benefits and greater savings on Costco Services.

Gold Star Membership:  The membership plan will cost you $60 annually and does include the household card like the prior plan. This plan also lets you add affiliate cardholders at $60 each.

Getty | Mario Tara
Getty | Mario Tara

What is it that fascinates people so much about the membership warehouse so much?

Free Sample: Costco is famous for giving out free food to customers. You can easily taste the sausage before you buy it. 

Great Return Policies: You can easily return an item at Costco and they won't ask a single question. However, there are some things you cannot return like electronics and diamonds.

Happy To Help Staff: The staff at Costco is always smiling and pleasant. They will always go that extra mile to make sure you found what you really needed.

Variety: Costco is called a warehouse for a reason! The vast selection of goods as well as services attract people to the store.

Quality: Quality control at Costco is pretty efficient, and the products are reliable and trustworthy. The aisles are meticulously arranged and the produce selection at the grocery section is also top-notch.

Most Times Membership Pays Off: There's a 2% cashback on all your purchases every year, which is great!

Cheap Gas: A category that makes the store lose money but draws in customers who spend more on other items.

Everything Under One Roof: A place where you could come and spend some quality time with your family while running a few errands. A place where you could buy a diamond necklace but also the $1.50 hotdog and it's also a place with guaranteed parking.

Unbelievable Prices: A first-timer is always astonished looking at the prices. There are only a few places where you could have hot dogs and sodas only for $8.

RELATED TOPICS COSTCO
MORE ON MARKET REALIST
The contestant had a slim chance after getting only two out of five guesses right.
17 hours ago
The payments will be funded by the tariff revenue and reach farmers early next year.
23 hours ago
Sweeney's team blatantly broke a rule and the host had to let it go multiple times.
1 day ago
Dimon reiterated a nuanced and overall upbeat view about the effect of artificial intelligence on the economy.
1 day ago
The guest who worked closely with the author said the collection was sentimental to her.
5 days ago
As per a recent study, nearly half of the millionaires think they need better financial planning.
5 days ago
Partnering with Wing, Walmart has expanded its service to yet another metro, this time in Georgia.
5 days ago
Economists, John Campbell and Tarun Ramadorai told CBS that Americans are unprepared for retirement.
6 days ago
Supporters of the Trump administration are not happy with the retailer's latest move.
6 days ago
The advocacy group, Amazon Employees for Climate Justice, addressed the letter to CEO Andy Jassy.
6 days ago
The player, Noah Kraski solved the final puzzle with just two clues on the board.
7 days ago
In a suit filed in the Court of International Trade, the retailer argued the tariffs were unlawful.
7 days ago
The company will pay about 15,000 workers a weekly compensation and millions in civil penalties.
7 days ago
Chorsie Calber IV, who lost a car on Thursday, won $120,000 in his second Bonus Round of the week.
Dec 1, 2025
The Black Friday sales were up by 10.1% from 2024, despite economic uncertainty and cost concerns.
Dec 1, 2025
The two Choceur brand products from Silvestri Sweets were sold in over a dozen states.
Dec 1, 2025
While Toni Perrotta didn't land on the big prize, she got to drive home a Toyota sports car
Nov 27, 2025
The Turkey Dinner Kit has got rave reviews from customers on social media already.
Nov 27, 2025