Am I Getting This Right? -- Costco Refund Policy
Apr 2, 2011, 2:49 pm
#76
Join Date: Nov 2009
Location: NYC
Programs: AA Plat, DL Silver, MR Plat, SPG Plat, CP Diamond, PC Gold, HH Silver
Posts: 476
Oh please, what? Throwing away perfectly edible food, whether directly or indirectly, is simply not acceptable. Seriously, what kind of world are we living in? That food could have done some good for many people who needed it. In this case, it wasn't that the food was spoiled upon purchase, but rather, it was returned because the person bought too much of it. Fault of the customer, not the retailer. If they made the time to drive back to the Costco to get a refund, where it would obviously be thrown in the trash, they could have just as easily dropped it off at a food bank, homeless shelter, a private person, etc,...really, giving it to anyone who could actually have put it to good use.
And the point of this comment is what? To "prove" that you are a swell guy, or that you actually buy things at Costco that you don't return?
Personally, I've always had more respect for people who do such things in silence, rather than feel the need to boast about it. Sort of cheapens the good deed, wouldn't you agree?
Apr 2, 2011, 5:47 pm
#78
Join Date: May 2009
Location: USA
Programs: UAL 1MM, Marriott Plat, Hyatt Globalist, AA 3MM
Posts: 831
And the point of this comment is what? To "prove" that you are a swell guy, or that you actually buy things at Costco that you don't return?
Personally, I've always had more respect for people who do such things in silence, rather than feel the need to boast about it. Sort of cheapens the good deed, wouldn't you agree?
I fully expect my QL stalker to now throw in some sarcastic remark......
What ever. And I wouldn't even feed my dog a party tray from Costco anyways.
Apr 3, 2011, 7:17 pm
#80
Join Date: Sep 2009
Programs: *G, SPG, OW Sapphire
Posts: 2,565
I've always had more respect for people who sustainably milk deals rather than blasting them all over the place and getting 5+ year deals closed in a matter of a few days...
Apr 3, 2011, 7:30 pm
#81
Original Poster
Join Date: Aug 2004
Posts: 109
Nice to see my little thread ticking along, if a bit acrimoniously at times.
FWIW, I have never tried this since the OP. It struck me not just as questionable but a bit of a hassle to achieve any good ROI -- less work than the coins to be sure, more work than the various CC promotions.
FWIW, I have never tried this since the OP. It struck me not just as questionable but a bit of a hassle to achieve any good ROI -- less work than the coins to be sure, more work than the various CC promotions.
Apr 3, 2011, 9:06 pm
#82
Join Date: Feb 2009
Posts: 3,737
This has been posted over and over. I'm not sure how one sustainably milks returning things for miles/points/cash.
Apr 4, 2011, 1:27 am
#83
Join Date: May 2009
Location: USA
Programs: UAL 1MM, Marriott Plat, Hyatt Globalist, AA 3MM
Posts: 831
Deal closed in 5 days?
Are you on crack?
This deal is not closed by any means.
Why are you posting this FALSE information?
Are you trying to keep this all to yourself. You don't own this or any other deal.
The deal is still on, go forth and multiply your miles.
The more people try to hush it up the more reason to publish it.
Are you on crack?
This deal is not closed by any means.
Why are you posting this FALSE information?
Are you trying to keep this all to yourself. You don't own this or any other deal.
The deal is still on, go forth and multiply your miles.
The more people try to hush it up the more reason to publish it.
Apr 4, 2011, 5:40 am
#84
Join Date: Sep 2009
Posts: 1,758
It is amazing how some brag on their twitter & blogs about this SCAM. You can tell they just discovered this and then pretend they knew about this for years.
This SCAM is also very dangerous with the certain diamond angle that a member is pushing.
Accusing someone of posting false information when you have been caught several times doing the same is pretty disingenuous.
I wonder if the respect members that are running the DO are going to let this SCAM be promoted there as a certain member claimed he will be doing.
This SCAM is also very dangerous with the certain diamond angle that a member is pushing.
Accusing someone of posting false information when you have been caught several times doing the same is pretty disingenuous.
I wonder if the respect members that are running the DO are going to let this SCAM be promoted there as a certain member claimed he will be doing.
Apr 4, 2011, 7:29 am
#85
Join Date: Nov 2002
Posts: 920
The attention Who#$@# among us need to look for new referral or advertising fees. Can you blame them for trying to game other FT members? They dont see a diff between the mint, CC or a FT member- they are all ways to get ahead for them. Sharing any deal w these members publicly allows them to corrupt your idea and take it as their own.
Apr 4, 2011, 8:06 am
#86
Suspended
Join Date: Dec 2005
Location: HY
Programs: AA-EXP (3.3MM), AAirpass, SQ-PPS Solitaire, DL-PM (.777MM), SPG-Plat, HH-D
Posts: 2,307
It is amazing how some brag on their twitter & blogs about this SCAM. You can tell they just discovered this and then pretend they knew about this for years.
This SCAM is also very dangerous with the certain diamond angle that a member is pushing.
Accusing someone of posting false information when you have been caught several times doing the same is pretty disingenuous.
I wonder if the respect members that are running the DO are going to let this SCAM be promoted there as a certain member claimed he will be doing.
This SCAM is also very dangerous with the certain diamond angle that a member is pushing.
Accusing someone of posting false information when you have been caught several times doing the same is pretty disingenuous.
I wonder if the respect members that are running the DO are going to let this SCAM be promoted there as a certain member claimed he will be doing.
Apr 4, 2011, 8:25 am
#88
Join Date: Jan 2011
Posts: 1
Something many people are not aware of is that the retailer pays the AMEX fee even if you return a purchase -- I don't believe this is true on Visa or MC.
I have a client that sells large ticket items -- had a piano sale of $10,000 on AMEX but the purchase cancelled the sale before delivery and the $10.000 was refunded -- the retailer originally received around $9.700 and was charged the full $10,000 for the refund. When I called AMEX about it and questioned it they told me that was the way they worked -- the fee is charged period. That was a lot to absorb for a small business person.
That said, I am pretty sure a store like Costco or Macy's does not pay the standard 3.1% charge from AMEX -- they are large enough to negotiate that fee down -- but they may still be paying their percent of the transaction fee. So your purchasing and returning a $5,000 item just to get miles costs the club $50-$150 and the other members essentially pay it.
I use my AMEX religiously but try to consider the small retailer if I am purchasing and returning and the cost to them --
I have a client that sells large ticket items -- had a piano sale of $10,000 on AMEX but the purchase cancelled the sale before delivery and the $10.000 was refunded -- the retailer originally received around $9.700 and was charged the full $10,000 for the refund. When I called AMEX about it and questioned it they told me that was the way they worked -- the fee is charged period. That was a lot to absorb for a small business person.
That said, I am pretty sure a store like Costco or Macy's does not pay the standard 3.1% charge from AMEX -- they are large enough to negotiate that fee down -- but they may still be paying their percent of the transaction fee. So your purchasing and returning a $5,000 item just to get miles costs the club $50-$150 and the other members essentially pay it.
I use my AMEX religiously but try to consider the small retailer if I am purchasing and returning and the cost to them --
Apr 4, 2011, 8:40 am
#89
Join Date: Feb 2009
Posts: 3,737
It is amazing how some brag on their twitter & blogs about this SCAM. You can tell they just discovered this and then pretend they knew about this for years.
This SCAM is also very dangerous with the certain diamond angle that a member is pushing.
Accusing someone of posting false information when you have been caught several times doing the same is pretty disingenuous.
I wonder if the respect members that are running the DO are going to let this SCAM be promoted there as a certain member claimed he will be doing.
This SCAM is also very dangerous with the certain diamond angle that a member is pushing.
Accusing someone of posting false information when you have been caught several times doing the same is pretty disingenuous.
I wonder if the respect members that are running the DO are going to let this SCAM be promoted there as a certain member claimed he will be doing.
Anyone who has followed MilesBuzz for the last 6 months would know about this Costco's refund policy. This has been discussed for YEARS. If you want to be a helpful member who provides helpful input you should spell out the dangers of doing a deal/scheme/scam instead of posting negative things against another member. We get how you feel about given members, one does not need more than one post to understand how you feel. All I'm doing is provide substance to your warnings if you truly are looking out for other members.
There is a difference between providing warnings based on fact and not just assumption/opinion. Didn't see you post anything against the scam that was presented to earn miles at the expense of local schools.
Apr 4, 2011, 9:22 am
#90
Join Date: Sep 2009
Programs: *G, SPG, OW Sapphire
Posts: 2,565
Deal closed in 5 days?
Are you on crack?
This deal is not closed by any means.
Why are you posting this FALSE information?
Are you trying to keep this all to yourself. You don't own this or any other deal.
The deal is still on, go forth and multiply your miles.
The more people try to hush it up the more reason to publish it.
Are you on crack?
This deal is not closed by any means.
Why are you posting this FALSE information?
Are you trying to keep this all to yourself. You don't own this or any other deal.
The deal is still on, go forth and multiply your miles.
The more people try to hush it up the more reason to publish it.
Nope.
When's the last time you tried? Last I checked, it didn't work.
Of course I don't, but do you own the rights to blast it all over the place? And not to make this personal, but aren't you the one trying to get people to PAY to come the the DO to learn more information about it? I'd say that shows more of a sense of entitlement/ownership than anything else. Shame on you.
Not the last time I checked.
Flawless logic...
Let's not turn this into a personal battle. The fact of the matter is I have a report that it did not work on last attempt.
Last edited by johndeere19; Apr 4, 2011 at 9:32 am