FlyerTalk Forums - View Single Post - Am I Getting This Right? -- Costco Refund Policy
Old Aug 8, 2013 | 9:09 pm
  #116  
Jasper2
 
Join Date: Sep 2010
Posts: 33
Originally Posted by TAWS
If you have no shame, you can do this at many stores. Buy on credit card and return for cash.
No one with a decent POS system will do that. Costco is an exception only because of their policy of allowing items bought on line to a local store.

The receipt is barcoded and once scanned, the refund goes back on the credit card that you used to make the purchase. Credit card merchant services fees run 1.5% to 3%, plus a service fee that can be up to a dollar (typically much less). If you return a $100 item that means it would cost the retailer $2-$3 in merchant services fees. Ain't happening.
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