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Here's What Happens When You Cancel Your Costco Membership After 364 Days [Yahoo! Finance]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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A basic membership will cost you $65 a year following a recent fee hike, while an Executive membership that gives you 2% cash back on your purchases will cost $130. Earn up to $845 cash back this year just by changing how you pay at Costco! Learn more here. But there's a reason Costco charges a membership fee. Collecting that money helps Costco offer ultra-low prices. And if you shop at the store often enough, you may find that your savings are able to more than make up for your membership fee. Costco also fully stands behind every membership it sells. If you're unhappy with yours, you can cancel and get your money back at any time. Technically, this means you can buy a membership, use it for 364 days, and then cancel right before the one-year mark for a refund. But whether you should exercise this option is a different story. Costco will typically give you your money back on a membership even if it's clear you've abused its policy by canceling right before the one-year mark
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