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Think about it this way: Based on Costco's policy, you could technically buy a membership, use it for 364 days, cancel right before the one-year mark, get your money back, and then repeat that ...
According to their report, the phishing email falsely informs the recipient that their Costco membership has expired and encourages them to sign up for a free 90-day membership extension.
The sender could have an unusual email address or trick you with a spoofed Costco address. The safest move is to check your Costco account for any updates and ignore suspicious requests. 4.
Here's Costco's official stance on revoking memberships: "Costco reserves the right to refuse membership to any applicant, and membership may be terminated at Costco's discretion and without cause."
Image source: Getty Images. A Gold Star Costco membership costs $65 a year thanks to a recent fee hike on Sept. 1, while an Executive membership costs $130 a year. For some people, these fees aren ...
But if you bought a sweatshirt from Costco six years ago, returning it because it has a hole and you want that money back in your bank account seems to be a pretty unreasonable choice. 2. Theft
Another Costco worker from a store in the Midwest said a customer once admitted to canceling his Costco membership for a full refund each year, just to then immediately sign back up using the ...
And if you double up with the right credit cards, you can eke even more value out of a membership. Click here for a list of the best credit cards for Costco shoppers . 4.