Here is my first Change.org campaign #FairCostcoRenew Demand Fair Equal Membership which is inspired and expanded from a six countries investigative report that I conducted in Jan 2021, “Why Costco rips millions off members in US, Canada, UK, … EXCEPT China?“
During renewal, Costco members in 7 countries are shortchanged up to 2 months. In 3 countries, rip off are up to 12 months. Members in only 2 countries are safe. US$3.54 billion profit in membership fee accounting for 88% of net income in 2020 shows these months of fees paid worldwide by millions of members for ZERO benefit takes unfair advantage of members to enrich Costco shareholders’ pockets.
Costco backdates your membership and give you up to 2 months LESS benefits after you pay 12 FULL months fee in SEVEN ( 7 ) countries. The SIX insidious Costco contractual words of “renewed within 2 months after expiration” count 12 months from your PAST expiration date (the rip off) instead of basing on the day you pay to renew which is how members are treated fairly with respect by Costco China & Costco Spain. Read Costco’s own contract wordings for yourself in countries listed below!
You get up to 2 months LESS benefits in these 7 countries:
➡ Costco US (screen capture of Costco’s own contract wordings for membership renewal) (full contract – direct link to Costco contract Membership Terms and Conditions),
➡ Costco Canada (screen capture) (full contract),
➡ Costco UK (screen capture) (full contract),
➡ Costco Japan (screen capture) (full contract),
➡ Costco Taiwan (screen capture) (Costco Q&A),
➡ Costco Australia (screen capture) (full contract),
➡ Costco Iceland (screen capture) (full contract)
For the following THREE ( 3 ) countries, Costco demands an outrageous backdating of up to 12 months LESS benefits after you pay 12 FULL months fee. Costco counts 12 months from your OLD “date of membership” (contract language of Costco France) or “expiration date of the membership” (contract language of Costco Korea). No mentioning of “within 2 months” here, making things actually far far worse. For example, your membership expires on December 31st and you haven’t gone to Costco for almost a year. You go shopping for Christmas gifts and pay to renew on December 24th. Your membership would have expired merely days later on December 31st because the 12 months are counted from your OLD “expiration date” months and months ago.
You get up to 12 months LESS benefits in these 3 countries:
➡ Costco Korea (screen capture) (full contract),
➡ Costco France (screen capture) (full contract),
➡ Costco Mexico (screen capture) (full contract)
Only Costco members in following TWO ( 2 ) countries experience ZERO membership rip off during renewal. Fairly, when members pay 12 months membership fee to renew after expiration, their “membership will be extended for 12 months from the date of successful payment of the renewal fee” (contract language in Costco China). The way members of Costco China are treated during renewal should really be the gold standard for how Costco members be treated worldwide.
ZERO membership rip off in these 2 countries:
➡ Costco China (screen capture) (full contract)
➡ Costco Spain (screen capture) (full contract)
*** Did you know?
Costco Canada members were shortchanged for 12 months (like Korea) as late as November 2020 (see Internet Archive info). And Costco Canada only reduced its rip off to the current 2 months a few months ago in December 2020! In contrast, Costco US members had been ripped off for “ONLY” up to 2 months since at least 8 years earlier than Canada. We are left to wonder why did Costco make the contract changes when it did? And why did Costco China members get fair treatment from day one when its first China store opened in August 2019?
*** Help #FairCostcoRenew change.org campaign
• Please sign & share this #FairCostcoRenew petition on your social media platforms to demand fair & equal global membership renewal. Enough is enough.
• Please use hashtag #FairCostcoRenew when you share.