Does Costco really have a lifetime return policy?
Now, it seems utterly crazy that a company would have a lifetime return policy. But with a few exceptions, that’s the business policy Costco has decided to adopt. It no doubt is part of a ...
How does Costco afford its return policy?
- Costco is known for having a very generous return policy. Members can return almost any product at any time if they are not satisfied with it.
- Some members, however, may see this as an opportunity to return worn or used items several years after buying them. ...
- Making frequent returns can jeopardize your membership status. ...
What is Costco return policy on clothes?
- Televisions
- Projectors
- Computers
- Tablets
- Smart watches
- Cameras
- Aerial cameras (drones)
- Camcorders
- MP3 players
- Cellular phones (details vary by carrier contract)
Is Costco's return policy too generous?
Over the years, Costco has experienced what is well known around the world as "scamming." This is due to its too generous policy on the return of goods. Many people abuse the system because it is so open to satisfying a customer to ensure that they have a great experience. They are just trying to trick the company!
How long do you have to return items at Costco?
Pretty much everything in the warehouse is returnable with no time limit. No questions asked. This guarantee also includes your Costco membership. You have 364 days from the date you sign-up to try out the membership and see if it works for you.
Can I return an item to Costco after 2 years?
Costco is known for having a very generous return policy. Members can return almost any product at any time if they are not satisfied with it. Some members, however, may see this as an opportunity to return worn or used items several years after buying them.
Does Costco return everything?
Costco has one of the most generous return policies in the retail world. You can basically return anything you've purchased at the warehouse club at any time for a full refund — except for electronics and major appliances, which have a 90-day return policy with receipt.
What items Cannot be returned to Costco?
14 Items You Can't Return to Costco Even with a MembershipTelevisions. If you're in the market for a new television, Costco has you covered. ... Household appliances. ... Drones. ... Computers. ... Cellphones. ... Jewelry. ... Cigarettes and alcohol. ... Tires.More items...•
Will Costco accept returns after 90 days?
Although the general Costco return policy is wide-ranging and applies to most merchandise, the company does break out a specific, more limited return policy when it comes to electronics. As with many retailers, Costco only accepts returns on certain electronics for 90 days after customer receipt.
Does Costco lose money on returns?
Who takes the loss on a returned item? Well usually the vendor will. A small percentage of items are returned and this is taken into account when they price the items. Some vendors ask Costco to simply let them know how many of each item was returned or discarded and simply give Costco the proper allowance.
What does Costco do with their returns?
Costco has a series of third-party companies that take their returns and resell them in stores and online. These items are Grade A/B or C/D liquidated products, restored to their original condition before being sold at auctions. Costco has a strict vetting process that makes sure the eligibility of the returned items.
Can Costco ban you for life?
Costco reserves the right to revoke your membership at any time. So, if you're caught not-so-sneakily returning old, used products, you might find yourself on Costco's blacklist, which could include a lifetime ban from ever buying a Costco membership again.
Can I return something to Costco after a year?
With few exceptions, Costco has a 100% satisfaction guarantee. Simply bring the product to any Costco warehouse and our Member Services Team will be happy to assist you*. It helps if you have the receipt or original product packaging, but it may not be necessary to process your return.
Can I return jewelry to Costco after 2 years?
Costco has a no-questions-asked return policy, which means you can return any jewelry at any time. As long as the item you bought at Costco was damaged or defective upon purchase, you can get a refund or exchange.
How does Costco 2 year warranty work?
Through Costco Concierge Services - applicable items are automatically enrolled in an extended warranty up to 2 years from the date of purchase. Purchasing extended warranty coverage through Allstate Protection Plans.
Will Costco take back items without a receipt?
Sure, it helps if you have the receipt or original packaging. You do need all the parts and pieces that came with the item, but receipts aren't necessary to process your return, because Costco tracks your purchases on your membership account. You'll need your membership card or member number to complete the return.
Costco Return Policy
We are pleased to inform you that Costco has a pretty generous return policy. In fact, if you aren’t satisfied with your Costco membership, you can even return that! Costco wants their members to feel secure knowing that practically everything you buy can be returned.
How to Make a Return at Costco
Returns are flexible at Costco. They offer you the choice to return items that you bought in the store as well as online purchases in person to your local Costco warehouse store.
How to Make a Return at Costco.com
Returning items purchased online through their website is quick and easy. Items returned online will also include a refund of your shipping and handling fees. Even better news? If you have to send the item back, Costco will pay for the return shipping.
Costco Electronics Returns Policy
The return policy is a little bit stricter for electronics at Costco. You will need to return electronics within 90 days of purchase. The items subject to this return policy includes projectors, computers, touchscreen tablets, smartwatches, cameras, aerial cameras (drones), camcorders and MP3 players.
Costco TV Returns Policy
The return policy for televisions is also stricter than other purchases. You will need to return the TV within 90 days.
Costco Diamond Returns Policy
When it comes to high end jewelry purchases, in particular diamonds over 1.00ct, you can expect your return to be a credit only. Be sure to have all your original paperwork, and your diamond will also need to be inspected by a Costco Graduate Gemologist for verification of its authenticity.
Costco Cigarettes and Alcohol Returns Policy
Most Costco locations will not accept any returns for alcohol or cigarettes. However, laws for the return of cigarettes and alcohol are determined by individual states so be sure to check with your local Costco for their specific policy.
How long do you have to return a TV at Costco?
You now have 90 days from date of purchase to return televisions, tuner-free displays, projectors, major appliances, computers, tablets, cameras, camcorders, MP3 players and cell phones. The 90-day policy is still fairly liberal and simply keeps Costco members from bringing back 5 year-old HDTV’s that now have a yellow picture.
Can you freeze Costco bakery items?
Keep in mind that most food items will be discarded by Costco, even though they’ll get reimbursed. If you’re buying bakery items you can always freeze them for later use if you overbuy. Bottom line, don’t abuse their return policy as it’ll eventually go away, and hurt all members, if more and more folks abuse it.
Can you return a gift to Costco?
Yes, you can return items to Costco that were given to you as a gift. It doesn’t matter if you’re a member or not, you can walk in and return stuff. But keep in mind that if you DON’T have the receipt you’ll need the membership number of the person who purchased the gift for you.
Is Costco a good return policy?
Costco, Return Policies. The return policy at Costco is so darn good that it deserves it’s own article. While I’ve talked about some of the better retail return policies in the past, Costco’s policy is arguably the best of them all. Here is exactly how it works and everything you need to know to take full advantage.
How long do I have to return items to Costco?
You can essentially return any item or ask for a replacement at any time. Just keep in mind that there are a few exceptions for electronics, custom orders and installs, tires and batteries, and diamonds.
How long do Costco returns take to process?
When returning merchandise purchased from Costco, it’s important to note that it typically takes between three and five business days for the return to be processed and to see a credit issued. If the item has had a promotional price change within 30 days of your date of purchase, don’t worry. Your credit will reflect the price change.
How will I be refunded for my return?
A refund will be given to the credit card that was used to make the purchase. You also have the option to request a replacement item.
Are there any items I cannot return to Costco?
Costco is unable to accept returns on cigarettes or alcohol. Items such as tires and batteries may be subject to a limited warranty due to their life expectancies. When returning or exchanging these items, it’s best to contact your local Costco regarding the product’s warranty.
Are there any return exceptions? Are there any In-Store Return Exceptions?
There are a few exceptions for returns at Costco. These include electronics, diamonds, tobacco and alcohol, tires and batteries, and custom items and installs. While electronics, diamonds, tires, and batteries are subject to certain requirements, Costco won’t accept tobacco and alcohol returns.
Can I return items purchased with a gift card?
You can return gift card purchases to Costco within 60 days if you can provide the receipt. Refunds will either be given with a gift card or an even exchange.
