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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."
Each paid Costco membership comes with two individual membership cards. You can assign the second card to anyone in your household (provided they live with you).
Costco isn't going to randomly take your membership away without a good reason, even though it states that it has the right to. If you want to make sure your Costco membership isn't revoked, don't ...
Plus, Costco is known to stand behind all of the items it sells. If you buy something with the Kirkland label and it doesn't meet your expectations, you can generally bring it back for a full refund.
A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without payment. A charge-off is a form of write-off.
Costco will refund your shipping and handling fees, and you won't be charged a return shipping fee, but it might take a bit longer to process. Certain items, including eyeglasses, perishable items ...
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The current Costco logo, in use since 1997. The word 'Costco' is in large bold red capital letters, with the word 'wholesale' underneath it in smaller bold blue capital letters - the word 'wholesale' has three horizontal blue lines to its left.