The Costco Price Adjustment Exception You Need to Know About
Have you ever bought an item expensive enough, only to see it marked down a few days later? Or go shopping at another store and see your new purchase advertised at a lower price? It’s an odious feeling, knowing that you’ve spent money you didn’t have to – thankfully, that’s where price adjustment and price adjustment policies come in. But When it comes to shopping at Costco, there’s a pretty big price adjustment exception you need to know about.
Can you get a Costco price match?
In general, yes. Although there are exceptions, most items are eligible for a price adjustment at Costco if the item goes on sale within 30 days of purchase (and there is no item limit promotions applicable).
If you’ve made purchases on Costco.com, it’s fairly simple to complete the online price adjustment form, and within 5-7 business days, your credits will be refunded to you.
If you purchased from a physical warehouse, you will need to visit the returns counter there, where they can assist you.
The Big Exception to Costco Price Adjustments
Of course, there’s one major exception, which an annoyed Redditor discovered recently when they found an air conditioner on Costco.com for $189 and in-store for $229: Costco won’t adjust prices between its prices in line and its warehouse prices.
Redditor Nardelan explained the policy this way: “It’s because Costco.com is essentially its own standalone Costco.”
They added that Costco.com’s price was likely lower since it was “eliminating remaining stock of an item because, as far as Costco items go, summer is over.”
Nadelan also said you should see it the same as two Costco warehouses: “Warehouse-specific markdowns happen every day to move items that aren’t selling. Just because one warehouse has to lower the price doesn’t mean all other warehouses have to. It can happen at two Costcos in the same city. One warehouse may mark down an item while the other holds it at full price until it sells out.
HelpfulArticle agreed, noting, “It’s because they’re [two] separate entities. The only thing they share is that you can return items purchased online to the warehouse.
While there are often price differences between online and in-store items, it’s usually the online item that costs the most. According to the company, “Products sold online may be priced differently than the same products sold at your local Costco warehouse…due to shipping and handling charges for delivery to your home or business. “. (That’s why you’ll often see the message “Item may be available at your local warehouse for a lower price, not delivered the priceon online items that are also available in-store.)
Redditor CostcoSampleBoy, who works at Costco, added this bit of context: “The online ‘store’ has its own buyers and sales separate from the physical stores. Essentially, they can have higher prices because they can’t buy at the same level as our stores, which means that the 12% markup will have a greater effect.”
So, as long as you don’t need this item ASAP, always do some online comparison shopping before making a big purchase.
Does the Costco price match?
The short answer? No, Costco does not match the prices of other stores. So if you find the towels you want at Target or those speakers at Best Buy for a lower price, but you’d rather buy at Costco, you won’t have much luck convincing the management team of your local Costco to lower the selling price. . According to the company, the reason for this policy is that it “already offers competitive prices at the point of sale”.
Price adjustments and price matching are easy ways for buyers to save money and lighten their wallets, but there are limitations that may apply. If you’ve made a purchase at Costco before, only to find it on sale at another store or online, you may not be able to get a price adjustment…but there’s still Costco’s generous return policy. It can be annoying having to bring the item back just to turn around and buy it again, but depending on the sale, it can be worth it. (And hey, you don’t even need your receipt.)