FoxC63
DIS Legend
- Joined
- Jun 19, 2016
- Messages
- 21,260
As a Costco customer and shareholder, I am glad they are implementing measures to enforce access to membership privileges. I don't see it as any different from other companies such as Netflix cracking down on passcode sharing. Membership fees account for the bulk of their overhead and profit since product margins are razor thin in order for them to offer low prices to customers. Opting for their executive membership gives you a 2% rebate which actually more than offsets the cost of membership if you purchase big ticket items there, such as gift cards, a set of tires, a grill, car rental and any travel booked through Costco.
I agree. If you pay for a membership why should others feel they don't have to. Crazy! Good on you Costco crack that whip!

Which reminds me