Costco, a renowned warehouse club, is celebrated for offering high-quality items, including everyday essentials and household equipment, at discounted prices to help low-income people. As a membership-only store, they have implemented a referral program to motivate existing members to invite others to shop at Costco.
This article delves into the Costco Referral Program, offering insights into how you can earn big benefits and rewards through it.
Understanding the Costco Referral Program
The Costco Referral Program allows existing members to refer friends or family to join Costco. If the referred individual signs up for a new Costco membership, the existing member receives a $10-$20 Costco Shop Card. The exact reward varies based on location and current promotions. It’s important to note that this program is only available for new members and cannot be used for renewing existing memberships.
Benefits of Participating in the Costco Referral Program
Participating in the program comes with numerous benefits for both the existing member and the new member. These include:
Receiving a reward that can be used to save on Costco purchases.
Helping friends save on everyday purchases as Costco is known for its high-quality products at lower prices.
Supporting Costco and aiding in its growth, ensuring it can continue offering its competitive prices.
Strengthening relationships with family members and friends by providing them with a valuable recommendation.
Costco Membership Cards and Their Activation
Costco membership cards are physical cards issued to individuals who sign up for a Costco membership. These cards must be presented at the time of purchase to avail the benefits and discounts offered to Costco members. There are two types of Costco membership cards – the Gold Star Membership Card and the Executive Membership Card. The former is the basic membership that costs $60 annually, while the latter is an upgraded membership costing $120 annually and comes with additional benefits. Costco also offers a digital membership card option through the Costco app, allowing members to check out at Costco using their phones.
Activating a new Costco membership card is simple. Members can either visit Costco’s website and follow the prompts after clicking on “Activate Membership Card”, or bring their new Costco membership card to any Costco location and present it at the membership counter for activation. Once activated, members can begin shopping at Costco and avail the benefits and discounts offered to them.
How to Refer a Friend at Costco
Contrary to many referral programs, Costco does not use referral links. Existing members can refer friends or family members through the “Refer a Friend” option by visiting the Membership counter at any Costco store. For a successful referral, both the existing member and the friend must visit a Costco store simultaneously. The existing member presents their membership card, while the friend must produce a valid ID and complete the application form. It’s crucial to note that only new memberships are considered valid referrals. An expired member must wait at least 18 months before being considered a new member eligible for the referral promotion.
Rewards for Successful Referrals
The rewards for successful referrals vary per location and per program. For example, the Costco US Refer-A-Friend program offers a $10 voucher for both the existing and new members. Costco allows existing members to make a maximum of 2 referrals per primary member per year.
Using Your Costco Shop Card
The Costco Shop Card, often received as a reward for successful referrals, can be used to make purchases both in-store and online. If you’re shopping in-store, just present your Shop Card at the register, and the balance on the card will be applied to your purchase. You can also use your Shop Card at Costco gas stations. However, these cards cannot be used to purchase other gift cards or to pay membership fees, and they are non-transferable.
Benefits Beyond Savings
Beyond the discounts on products and services, a Costco membership grants you access to a wide array of other services. These include Costco Travel for vacation bookings, member-exclusive gasoline prices, competitive pricing at Costco Pharmacy, convenient grocery delivery services, and the Costco Business Center for bulk products and services.
Take Advantage Of Costco Referral Program
Costco membership offers a wide range of benefits and discounts, including access to discounted products and services, as well as a variety of other services. Existing members can also take advantage of the Costco referral program by referring friends and family members to join and may receive a reward in the form of a Costco Shop Card. Whether shopping in-store or online, using a Costco Shop Card or a credit card, there are many ways to take advantage of the discounts and benefits available to Costco members.
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