Costco to clamp down on sharing of membership cards: report

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Costco to clamp down on sharing of membership cards: report
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The bulk retailer intends to ask customers to show photo ID in addition to a Costco membership card when they go through the self-checkout process, reports say.

The bulk retailer intends to ask customers to show photo identification in addition to a Costco COST membership card when going through the self-checkout process, the Dallas Morning News reported last week. CNBC confirmed the report Tuesday.

The bulk retailer intends to ask customers to show photo identification in addition to a Costco COST membership card when going through the self-checkout process, the Dallas Morning News reported last week. CNBC confirmed the report Tuesday. Costco offers Gold Star and Business memberships for $60 each annually, as well as an Executive membership that costs $120. That higher tier of membership gives consumers a 2% reward on qualifying purchases from the company, among other benefits.

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