COSTCO is the best place to buy bulk quantities, but their secret return policy allows customers to get a full refund.
TikToker ProfitPlug also known as Angelo has 970,000 followers. He often shares his knowledge on personal finance and Costco secrets.
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He made a recent appearance. Video spotlighting Costco’s rarely discussed return policy and it’s one that could save customers money.
Angelo said, “If you buy muffins from Costco, eat half of it and try to return it months later, they’ll probably accept it and refund you.”
Angelo admitted that he was only kidding and said that the grocery chain had a risk-free guarantee of satisfaction of 100 percent.
“This pretty much allows you to return almost anything if you’re not 100 percent satisfied,” Angelo said.
How Costco returns policy works
Costco redirects Central Recorder to its posted refund policy OnlineAfter we reached out to you for comments.
There are some things you should keep in mind.
Electronic returns are not accepted by the wholesaler.
This includes televisions, refrigerators microwaves, computers and cameras.
Costco members must bring all original paperwork to inspect for authenticity when purchasing diamonds.
They do not accept returns of alcohol or cigarettes.
Many products with a short life expectancy like batteries and tires are sold with a product-specific limited guarantee.
Angelo claims he’s heard of stories where this Costco return policy extended far beyond what one might expect.
He said that some people had returned stale three-year-old rugs, cat food boxes, and even a dead Christmas tree in January under the pretense of the 100 percent satisfaction warranty.
“Now, I know what you’re thinking,” Angelo said.
“They’re probably losing a lot of money with this policy, but you’re wrong.”
The TikToker clarified that Costco allows this strategic decision to occur to make more cash.
Angelo said 91 percent of people factor in the store’s return policy in their buying decisions.
“Unless everyone follows me and starts returning their half-eaten dino nuggets, they’ll be just fine.”
However, if you are unhappy with any of your items, it is worth asking the store if they will accept them back and give a refund.
Costco has other ways you can save
For regular shoppers at Costco, there are several more ways to save other than just by using Costco’s return policy
If you can’t justify taking home large bulk items at low prices just because they won’t all fit in your home, consider splitting the product with a friend to keep paying those low prices.
Costco sells frozen food and meat at a great price, so make sure you scan the aisles when shopping for groceries.
Additionally, Costco offers special deals online.
Costco stores may offer seasonal holiday items at a lower price due to past Covid-19-related supply chain problems.
Plus, here’s how to discover if a Costco product is soon to be discontinued.