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 / ECONOMY & WORK

Netizens Explain How Customers Are Abusing Costco’s Generous Return Policy

The warehouse company which is known for its amazing wholesale deals, has a return policy that is often a topic of speculation on social media platforms.
PUBLISHED MAR 8, 2024
Cover Image Source: Shopping for essentials (representative image) | Getty Images | Joe Raedle
Cover Image Source: Shopping for essentials (representative image) | Getty Images | Joe Raedle

Warehouse giant Costco is known for its amazing wholesale deals and it has a return policy that is often a topic of discussion on social media platforms. In a Reddit thread, a consumer enquired about a set of frying pans that they wanted to return. "Hello, I want to do my first return today and was wondering if you guys can help me with a quick question," the shopper wrote.

"I have a Kirkland frying pan that I bought in a 3-piece set. The one large pan is warped. Can I return the one pan or do I need to return all 3? Do I need the box?" "The other 2 pans are perfect," they added.

Reddit | NarrowMusic9044
Reddit | NarrowMusic9044

Many took to the post to talk about the warehouse giant's return policy. One of the top comments read, "You will need to return the whole set; they cannot do a partial refund." However, some users were simply not so sanguine. As per many users, Costco's return policy is so generous that it might be possible for them to accept just the warped pan instead of the whole set. One user even talked about the time they witnessed their neighbor take a full refund for a mattress that they returned after two years of usage. 

Similar-Reason-5200 | Reddit
Similar-Reason-5200 | Reddit

"You can return anything to Costco," the member argued. "Even after they have been purchased after a year. My neighbor returned a mattress after 2 years of use and was refunded." The user mentioned how it was extremely surprising that the company accepted the return without any questions. According to the return policy on their official site, the company writes, "We guarantee your satisfaction on every product we sell with a full refund." As per the policy, electronic items are the only SKU that has a given deadline for accepted returns. 

TikTok | @voiage_beauty
TikTok | @voiage_beauty

Many feel that the policy is way too lenient. Another Reddit thread post called out a shopper who returned a partially eaten watermelon. They said that this was essentially theft and that many people are starting to abuse Costco's commitment to customers. "Costco, I love you but you’ve got to do something about the abuse of your return policy," they wrote. "Just saw a woman return 1/6 of a watermelon…just the rind… among other things." "Can’t help but feel customers end up paying for this abuse," they added. "It’s nice you stand by your products but this is just theft."

People have always been divided when it comes to Costco's "way too generous" return policies. In another TikTok video, @voiage_beauty writes, "I just watched this woman’s video and she was going on about how she was so nervous to take back the couch that she bought at Costco." The story of this couch is pretty similar to the used mattress. The couch that was bought over two and a half years back was accepted by Costco.

In the video, the poster calls out this person and says, "I don’t know who can sit with themselves and think that that’s an OK thing to do." While the stories of people abusing the policy are pretty common, according to the Motley Fool, one always runs the risk of getting their Costco membership revoked if they exploit the service. For more content, follow @voiage_beauty on TikTok.

RELATED TOPICS COSTCO
MORE ON MARKET REALIST
He believes that it will help the country deal with its national debt problem.
5 hours ago
The DHS asked for this data to figure out who all were in the country illegally, despite their unethical approach.
5 hours ago
She seemed quite nervous, but that did not stop her from taking risks with lady luck on her side.
5 hours ago
Some restaurants are charging extra fees, and this has sparked a debate over transparency.
9 hours ago
Residents have been struggling with high prices and this was an opportunity they couldn't miss.
11 hours ago
The proposal comes after the volatile ICE crackdown in the state came to an end.
11 hours ago
In an effort to lessen the bank's impact on the market and cut borrowing costs, Trump has been pushing the Fed to decrease interest rates.
13 hours ago
"President Trump's economic agenda has a proven track record and unleashed historic job wage and economic growth," the White House said.
13 hours ago
94% of the burden of these tariffs fell on Americans between January and August, 92% in September and October, and 86% in November. 
15 hours ago
Fans of the show were not happy and they made their opinions known.
1 day ago
The report stated that America added 130,000 jobs, much higher than the predicted 70,000.
1 day ago
The affected products were first recalled in January of this year over fears of plastic contamination.
1 day ago
White House senior trade advisor previously said even a gain of 50,000 jobs would be positive.
1 day ago
The President said that he was influenced to make the decision at the time.
1 day ago
A majority of FOMC members voted to halt additional rate reduction after three were made last fall.
1 day ago
The big win also gave him a chance to compete again at the end of the week.
1 day ago
It turns out that Americans are not willing to pay exorbitant tips in such an economy.
2 days ago
The contestant's mother encouraged her to take the risk and go for the car.
2 days ago
The item was voluntarily recalled and no illness or injury has yet been reported from it.
2 days ago