Does Costco Offer Price Adjustments? (2024)

The price is right... or at least, it can be

Does Costco Offer Price Adjustments? (2)

Behold, a peaceful scene in front of Costco, just as calming as the price adjustment process

Even outside of Black Friday and Christmas sales, we've all purchased something only to see it drop in price shortly after. It's like that sad trombone sound effect for your wallet when you realize you could have had a better deal if you could have just waited a little longer. Particularly as the cost of goods has risen, saving everywhere you can has become even more important, and even a few dollars can make a difference to budgets. While this is a question that comes up a great deal more during the holiday season when consumers are concerned about catching the absolute best holiday prices, Costco's price matching policy is relevant all year long.

Fortunately, the Costco price adjustment policy heavily favors customers; this should come as no surprise as Costco goes out of its way to ensure its members are completely satisfied with their purchases, even including a 100% risk-free guarantee on returns of nearly any item in the store. While the Costco price adjustment policy is simple and intuitive for customers, there are a few rules to keep in mind. That said, members can shop safely in the knowledge that, in nearly all instances, they will not have to be concerned about the price dropping after their purchase and the subsequent disappointment and fear of missing out that ensues.

Jump Ahead for Costco Price Adjustment Details

  • Does Costco Price Match?
  • What Qualifies for Costco Price Matching?
  • What Doesn't Qualify For Costco Price Matching?
  • How to Price Match at Costco?
  • Does Costco Price Match Online?
  • How Long Does Costco Price Match After Purchase?
  • What Stores Does Costco Price Match?

Does Costco Price Match?

Yes, and, at Costco, price matching is a very simple process. Costco's 30-day price match policy means that members can obtain credit for items that drop in price within that time frame. A receipt is not even required, though it can help in tracking down your order, as all purchases are linked to your membership information. Costco also reserves the right to deny price adjustments at its discretion, as well as the right to restrict its price adjustment policy in the future. Given Costco's generous policy, it's unlikely that your item will be ineligible, but nevertheless, it is always in your best interest to approach price adjustment as a request rather than a demand.

What Qualifies for Costco Price Matching?

The majority of the items sold directly via Costco, whether online or in a warehouse, are eligible for price adjustment so long as they are within the 30-day limit. If you make a large purchase, make sure to check back in on your item throughout the month to see if the price has dropped; if it has, you can get the difference credited back to your account.

What Doesn't Qualify For Costco Price Matching?

To start, Costco does not price match with any other stores. Costco curates a mostly unique inventory, so it's unlikely that you'll find the bulk of its products at other retailers. Even if you do find an item elsewhere, Costco will not honor another merchant's price on an item.

Likewise, Costco does not match between its online inventory and its warehouse inventory. Online purchases take into account shipping and handling fees not applicable to warehouse purchases; therefore, many warehouse prices are lower than their online counterparts, as noted on the item.

Due to the volatile nature of the market, gold bullion is not eligible for price adjustment. Special Order Kiosk and Home Improvement Installed Products also have their own policies based on what promotions are available at the time of signing your contract. If you feel you should be eligible for additional Shop Card value, you will need to contact your Costco authorized dealer for specifics.

How to Price Match at Costco?

If you made your purchase at your local warehouse, you will need to go back to the same location and find the Returns counter. There, an employee can look up your information and make the adjustment so long as your item was purchased within Costco's 30-day price match period.

Does Costco Price Match Online?

If you need to make an adjustment for an online purchase, you will need to click on "Request a Price Adjustment", sign in to your account, locate the item in question, and submit some information. Once approved, you should receive the credit for the difference back to the original form of payment within five to seven business days.

Does Costco Offer Price Adjustments? (3)

You can manage all of your account information, including requesting a price adjustment, from the app.

How Long Does Costco Price Match After Purchase?

The Costco 30-day price match policy is pretty well set in stone; that said, Costco does offer returns that range anywhere from up to 90 days to possibly "whenever". While we don't recommend waiting years to return your item like a now-viral news story illustrates, there's certainly nothing stopping you from returning your item past the 30-day window and then repurchasing it at a lower price, save perhaps your own conscience.

What Stores Does Costco Price Match?

Costco price matching is limited to its own warehouses and website. If you do manage to find something shared between Costco's inventory and another retailer's inventory, Costco's price adjustment policy won't include it, but you may be able to price match at the other retailer if Costco's price is lower. That said, Costco's price matching policy is considerably more generous than most competitors, so limiting its adjustments to its own massive inventory should come as no surprise.

To stay on top of all the best deals at Costco and other retailers, be sure to subscribe to our DealNews Select newsletter, which covers all the daily highlights. If you are after something in particular, you can also set deal alerts so that you receive a notification whenever we find that item on sale. We've had over 25 years of experience in deal-slinging, and you can put that experience to work for you by logging into your account and personalizing your browsing adventure to home in on the deals that you want to see.

Does Costco Offer Price Adjustments? (4)

Keira Wagner

Editor

Keira is an editor and content jockey in Las Vegas, NV. She handles all the content leftovers like a hungry dog parked under the Thanksgiving table and is the most likely to have someone hold her hostage on a plane.

DealNews may be compensated by companies mentioned in this article. Please note that, although prices sometimes fluctuate or expire unexpectedly, all products and deals mentioned in this feature were available at the lowest total price we could find at the time of publication (unless otherwise specified).

Does Costco Offer Price Adjustments? (2024)

FAQs

Will Costco do a price adjustment after 30 days? ›

Shoppers have 30 days after purchase to request an adjustment, plus a 100% satisfaction guarantee.

Can I get a refund if something goes on sale at Costco? ›

Yes, and, at Costco, price matching is a very simple process. Costco's 30-day price match policy means that members can obtain credit for items that drop in price within that time frame.

What is the price adjustment policy? ›

Price adjustments, also called price protection, is a retail practice in which customers can obtain a partial refund of the purchase price of an item if they can show it on sale at a lower price within a fixed time frame.

Does Costco have a price match guarantee? ›

According to Costco's customer service page, the wholesale shop does not price match with other retailers. They do offer price adjustment, which means that if something drops in price after you buy it from Costco, then Costco will reimburse you the difference.

What day of the week does Costco lower prices? ›

When Does Costco Do Markdowns? As reported by The Healthy Journal, the wholesale retailer reduces prices on the fourth Monday of every month. Yes, “Markdown Mondays” are a real thing.

Can I return an item after 30 days to Costco? ›

Please keep in mind that, in order to continue delivering the low prices you expect from Costco, some items do need to be returned within 90 days. View Costco's Return Policy. We also offer free technical support for TVs, computers, cameras, printers, and more—and that's across their lifetime. *Limitations apply.

What items Cannot be returned to Costco? ›

Published Date
  • Special Order Kiosk items - countertops, custom flooring, garage doors, home organization and closets, generators, HVAC systems, water treatment, solar, gutters, water heaters, etc.
  • Optical items.
  • Tires.
  • Tickets and digital goods.
  • iTunes and Google Play.
  • Jewelry items.
  • Perishable Items.
  • All Apple Products.
4 days ago

Does Costco flag you for returns? ›

Generally, that won't cause your Costco membership to be revoked. But in some extreme cases, too many returns could get you banned from Costco, especially if your returns are unreasonable in nature.

What does Costco do with old returns? ›

It's not uncommon for members to return unused merchandise to Costco. Even if the member hasn't used the item, if any portion of the packaging has been opened, it can not go back on the sales floor. This unused merchandise will be part of Grade A/B liquidation.

Can I get a refund if the price drops after purchase? ›

In many cases, the retailer will refund the difference of what you paid vs. the sale price, as long as your purchase was within a specified time—often 14 days. If they can't or won't refund to the original form of payment, you may be issued a store credit.

How to ask for price adjustment? ›

I would simply say, “Hello, I purchased this item [insert order number] a few days ago and it is now a lower price. Can you please honor a price adjustment? Thank you!”

What is the 14 day price adjustment policy? ›

A price-adjustment policy generally means that the retailer will refund the difference if it drops the price on something you purchased there in the last 14 to 30 days.

How long does Costco give price adjustments? ›

As long as the request is made within 30 days of purchase, Costco will match its prices should they drop lower in the coming days and refund the difference to customers. Unlike its return policies, however, Costco's price adjustment policy does have a few catches.

Is Costco online price the same as in store? ›

As you may already know, not all products sold on Costco.com are available at your local Costco warehouse. Also, products sold online may have different pricing than the same products sold at your local Costco warehouse. That's due to the shipping and handling fees charged for delivery to your home or business.

Does Costco use price discrimination? ›

Costco is a good example of second-degree price discrimination because it offers discounts for bulk purchases. Buy-one-get-one retail sales strategies are also an example of second-degree price discrimination, where the price of the average good is reduced when more goods are purchased.

What if Costco price ends in 7? ›

Sale items end in a double zero or seven.

While 007 means Bond in the rest of the world, in Costco, 007 means Sale. Big Sale. “If you see an item marked down and its price ends in .97 or in an even .00 (say, $5.00), then you know it's on clearance,” Clark says.

Will Costco cancel your membership if you return too much? ›

Even if you return several items per month and it's a small percentage of your total purchases if your returns are reasonable, the store will accept the returns without revoking your membership. Business Insider also added that it's up to the store manager to decide whether to process a return.

What does a Costco price ending in 49 mean? ›

If you spot a price that ends in either . 49 or . 79, then there is a special promotional pricing that is set by the manufacturer and will always be a limited time offer before returning to a . 99 number.

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