CONSUMER REPORTS: Costco's Renewal Ripoff
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If you’re a Costco member like me, sometimes you don’t shop at the big box store for months at a stretch. If your membership happens to expire during such a sabbatical, guess what happens when you renew a month or two later?
Tim Boyle, Getty ImagesAnswer: Costco automatically backdates your membership to renew on the date it expired, not on the actual date you renewed. That means you pay for membership you didn’t and couldn’t have used, because you can’t get your discount-price purchases past the cashier without a current membership.
This happened to me twice in recent years. For some reason, I let my Costco membership lapse each August in 2005 and 2006. But, like clockwork, my need for three-football-field lengths of paper towels and gallon jugs of mayonnaise eventually pressured me to renew in November. I thus retroactively paid for four unused months, a $33 waste.
Costco's Renewal Ripoff
I'm a member but this has not happened to me but I can see how easy it is for this company to pull this off. Especially when the consumer is unaware or NOT paying attention.
As a customer to this corporation we must give them some complications or they will take advantage of you.
Peace
*We CAN bomb the World to pieces, but we CAN'T bomb it into PEACE*...Michael Franti
*MUSIC IS the expression of EMOTION.....and that POLITICS IS merely the DECOY of PERCEPTION*
.....song_Music & Politics....Michael Franti
*The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite INSANE*....Nikola Tesla(a man who shaped our world of electricity with his futuristic inventions)
*MUSIC IS the expression of EMOTION.....and that POLITICS IS merely the DECOY of PERCEPTION*
.....song_Music & Politics....Michael Franti
*The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite INSANE*....Nikola Tesla(a man who shaped our world of electricity with his futuristic inventions)
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that does sound like a good thing....
was like a picture
of a sunny day
“We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
― Abraham Lincoln
It also happened with the 10c. I forgot to renew my membership. When I heard about the new album, I renewed and it back dated my renewal and kept my old 10c number.
sounds like a good thing for the folks who don't let their membership lapse....
it does sound like Costco and the 10C renewal policies are very similar...
no...but depending on your membership, you can get cash back toward membership for the next year...if you're a executive member ($100 a year), you get 1% cash back....for the past two years my membership was paid for with this rebate....
Yeah, I got an email about that class action case as well, sounds like Costco members will start getting restitution in October if I remember. I always thought it was fishy/poor business that they did their renewals that way, and I'm glad somebody caught them on it.
The 10c does this too. So what?
BJ's (a club like Costco) does the same thing as Costco. I don't like it either. Once I convinced them to give me an extra month but they don't like to do it. I hope legalities make them change the policy.
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