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Am I Getting This Right? -- Costco Refund Policy

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Am I Getting This Right? -- Costco Refund Policy

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Old Jul 15, 2013, 12:41 pm
  #106  
 
Join Date: Apr 1999
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"Uhh sweetie, you weren't supposed to find that. I have to take it back to Costco now to earn my free miles."
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Old Jul 15, 2013, 4:16 pm
  #107  
 
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Youz meant to say "business plan?" Weez don't know of any schemes and, if weez did, weez would deny it. Weez legitimate businesspeoples compared to dem scum drug pushers at Pfizer and GlaxoSmithKline...

http://www.nytimes.com/2012/08/08/bu...bery.html?_r=0

http://www.guardian.co.uk/business/2...ry-allegations



Originally Posted by MrHalliday
Not too useful as a "scheme", but convenient.
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Old Jul 16, 2013, 12:27 am
  #108  
 
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I believe this has been around for a while. IMO, it's really not worth it since you're doing this all under your membership account. Plus, I don't want to risk my Toiler-Paper-Paper-Towel buying ability.
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Old Jul 16, 2013, 12:34 am
  #109  
 
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If you have no shame, you can do this at many stores. Buy on credit card and return for cash.
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Old Jul 16, 2013, 10:20 pm
  #110  
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Popcorn buttered, feet up. Let us know how those diamond rings work out.
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Old Jul 16, 2013, 10:41 pm
  #111  
 
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yep, been there, done that, I got a total of $9.95 + tax back in cash. I felt like I stuck it to the man!
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Old Jul 17, 2013, 3:43 am
  #112  
 
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This is old news, same issue exists at Sam's Club with Amex.

Now the day that someone buys a car through Costco Auto program with a credit card, and returns it for cash, I'll be impressed.
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Old Jul 17, 2013, 5:17 am
  #113  
 
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Too easy - make that returns the car after doing a full day of gift card runs.

Originally Posted by TheChallenge
This is old news, same issue exists at Sam's Club with Amex.

Now the day that someone buys a car through Costco Auto program with a credit card, and returns it for cash, I'll be impressed.
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Old Jul 17, 2013, 9:56 am
  #114  
 
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Originally Posted by rambro
This has always been in place. I believe there's an upper level cap on what they will return to you in cash. I do not know what it is though, but don't expect to get $10k in cash back. Also, Costco tracks EVERYTHING, so don't try to push it with them.
All correct ^
Originally Posted by TAWS
If you have no shame, you can do this at many stores. Buy on credit card and return for cash.
Doubtful....all transactions will be linked to your membership....
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Old Jul 17, 2013, 3:29 pm
  #115  
 
Join Date: Feb 2013
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Originally Posted by TAWS
If you have no shame, you can do this at many stores. Buy on credit card and return for cash.
OMG! Delete this post now or everybody will do it and it will go away. OMFG!!1!1!!eleven!!!!
:'panic:
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Old Aug 8, 2013, 9:09 pm
  #116  
 
Join Date: Sep 2010
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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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Old Aug 9, 2013, 4:43 am
  #117  
 
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wasnt the whole diamond ring thing the HIGC of 2012
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Old Aug 9, 2013, 5:33 am
  #118  
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Doesn't costco accept debit cards too?
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Old Aug 9, 2013, 8:59 am
  #119  
 
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Originally Posted by ORD-TGU
yep, been there, done that, I got a total of $9.95 + tax back in cash. I felt like I stuck it to the man!
Costco isn't "the man." They're one of the good ones: an ethical company that tries to do good and treats their employees like human beings instead of cattle, like Walmart/Sam's Club.
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Old Aug 9, 2013, 10:37 am
  #120  
 
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Originally Posted by ThreeOneSeven
Costco isn't "the man." They're one of the good ones: an ethical company that tries to do good and treats their employees like human beings instead of cattle, like Walmart/Sam's Club.
I beg to differ. Costco employees are one of the worst. Although, their behaviour and civility has improved in the past year.
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