Professional Documents
Culture Documents
AND REGULATIONS
SEPTEMBER 1, 2014
Note: that in this document we will use the name Costco to describe Costco Wholesale Canada member’s chequing account. Cheques must be drawn on a Canadian financial institution
Ltd. and its affiliated companies. Acceptance of membership constitutes an agreement to comply account and preprinted with the member’s name, address and telephone n umber. Any
with the following conditions and regulations. These conditions and regulations may be amended exceptions to cheque c ashing rules must be pre-approved in writing by a representative
by Costco without prior written notice to or consent of the member, but in such case, the changes of Costco.
made will apply upon the renewal of your Costco membership. • When paying for purchases by cheque, the member may be required to show identification for
fraud detection and identification purposes. Only the type of identification will be noted on the
MEMBERSHIP
back of the cheque.
• Membership is available to qualifying individuals 18 years of age or older.
• Costco’s out-of-pocket expenses will be payable by the member for any cheque returned by
• Membership is non-transferable. Costco membership cards can only be used by the
the member’s financial institution.
individuals to whom they are issued.
• The primary member is responsible for all his/her personal cheques and is jointly and severally
• Costco reserves the right to refuse membership to any applicant.
(solidarily) liable for all cheques issued by his/her spouse and the business.
• Failure to comply with these conditions and regulations or abuse of your membership
• Each secondary member is responsible for his/her personal cheques and is jointly and
privileges may result in your membership being terminated or certain privileges being
severally (solidarily) liable for cheques issued by his/her spouse.
curtailed.
• Transferable company cards (a “Company card”) can be used by specified employees of the
• Gold Star Membership fee is $55 per 12-month period from the date of enrollment. This
company. Company cards are no longer being issued. Purchases with the Company card must
entitles the primary member to one personalized membership card and Spouse card, available
be made by preprinted business cheque, cash or those credit cards accepted by Costco from
to a spouse or a family member 18 years of age or older living at the same address.
time to time. Purchases made with this card are for business use exclusively.
• Business Membership fee is $55 per 12-month period from the date of enrollment. This entitles
• Title to all merchandise passes to the member at the check stand after m erchandise has been
the primary member to one personalized membership card and Spouse card, available to a
paid for and checked out. Thereafter, the member bears the risk of loss for such merchandise,
spouse or a family member 18 years of age or older living at the same address. Each primary
except for w ilful or negligent acts of Costco or its employees. See our policy regarding
member may name up to 6 secondary cardholders for $55 each and corresponding Spouse
Receipts below.
cardholders at no additional cost.
• Executive Membership is $110 per 12-month period from the date of enrollment. This entitles SALES TAX (BUSINESS MEMBERS)
the primary member to one personalized membership card and Spouse card, available to a • Sales tax (GST, HST, QST or PST) will be charged on all taxable transactions in accordance
spouse or a family member 18 years of age or older living at the same address. If upgrading with all applicable laws. The member agrees, in the event of his/her failure to pay Costco
from a Gold Star Membership or Business Membership, upgrade amount will be prorated such tax, to hold Costco harmless and indemnify Costco from any claim, loss, assessment,
based on the months remaining on your current membership. Secondary cardholders on an or expense occasioned by such non-payment. Members purchasing merchandise for resale
existing Business Membership account that is being upgraded can choose to remain as must advise the cashier of this before the sale is recorded in the cash register. If the member is
add-ons or purchase a Gold Star or Executive Membership on their own. purchasing for resale, he/she will need to complete the appropriate application certificate at the
• All membership fees are subject to appropriate taxes. time of his/her purchase. Sales tax will not be charged at the time of purchase only on those
products the member states are specifically for resale.
PRODUCT AND MEMBERSHIP GUARANTEE
• If any product is purchased on a sales tax exemption basis and is used in any manner which
• On Membership: We will refund your membership fee in full if you are dissatisfied.
qualifies it as a taxable item, the member agrees to report and pay any tax due, including
• On Merchandise: We guarantee your satisfaction with every product we sell and will refund
any penalties.
your purchase price, with the following exceptions:
• Depending on the applicable provincial law, primary members must present, when signing up,
1. Electronics: Costco will accept returns within 90 days from the date of purchase for
proof of their provincial tax number or of their tobacco tax number regarding merchandise they
televisions, projectors, computers, cameras, tablets, camcorders, mp3 players, cellular
desire to purchase for resale on a tax-exempt basis or in the case that they desire to purchase
phones and other electronic products identified by Costco from time to time.
tobacco for resale. In the event that secondary members will need to use these tax numbers, the
2. Diamonds: When returning items containing a 1.00 ct diamond or larger, Costco warehouses
primary member must give Costco written permission of this at the time of s igning up.
will require additional time to verify the diamond, in which case a refund will be approved
upon positive verification. This process will require approximately 2 to 5 business days. CALCULATION OF EXECUTIVE REWARD
• Costco may in the future restrict its return policy regarding these and other products. 2% Reward – Executive Members enjoy an annual 2% Reward (the “Reward”)
Restrictions will be shown at the point of purchase. on certain Costco purchases as described below
RENEWING, ADDING OR DELETING MEMBERSHIP The 2% Reward is based on the annual Costco Wholesale purchases (see “Calculation of
• Renewal cardholder changes, including additions or deletions, must be authorized by the Reward” below) made by the primary and spouse cardholders on the membership account.
original primary member. The Reward coupon is mailed to the primary member with the annual membership renewal
• Renewal of membership must be completed for all cardholders when renewal is processed, notice and may only be used by the primary member toward Costco Wholesale purchases.
regardless of the membership start date of individual secondary members. Only the primary Costco Purchases
member and his/her spouse may renew the membership. The Reward Program is subject to the following restrictions. Costco Wholesale reserves the
• Renewal is for a 12-month period based on the month of initial enrollment, whether or not right at its discretion to discontinue the Reward Program at any time and to make changes
shopping privileges have been exercised. to the program that will apply upon renewal of your membership. Failure to comply with
these conditions and regulations or abuse of your membership privileges may result in the
PURCHASING PRIVILEGES, GUESTS AND OTHER RULES
cancellation of your membership or curtailment of certain privileges. A member must be an
• No sales will be made to any person unless such person has a valid membership card.
active, paid Executive Member at the time the Reward is earned and issued in order to receive
• Each cardholder may bring two guests. However, guests do NOT have purchasing privileges.
the annual 2% Reward. Only purchases made by the primary and spouse cardholders are used
• Costco can refuse entry to anyone at any time at its discretion. This includes members who do
to calculate the Reward.
not display their Costco membership cards when requested.
• Members will be required to purchase any packages or products opened or damaged by them or Calculation of Reward*
their guests. The Reward is approximately 2% of pre-tax purchases of most merchandise, and will be
calculated on purchases by Canadian residents of merchandise through the front-end registers
TERMS OF PAYMENT at Costco Wholesale warehouses in Canada and the United States and online at Costco.ca. In
• All purchases must be made by cash, debit card, Costco gift certificate, C ostco Cash Card, Canada, Rewards will not be calculated: (i) on purchases of cigarettes or other tobacco-related
preprinted personal cheque or by those credit cards accepted by Costco from time to time. products; (ii) on purchases that are not recorded through Costco Wholesale’s front-end registers,
• Costco reserves the right to further limit the payment method applicable to certain purchases. such as services, purchases at Costco Wholesale’s gas stations, food courts, optical centres
• Costco reserves the right to limit payment from certain members to cash only. (Quebec only), and pharmacies; (iii) on purchases of alcoholic beverages; (iv) on membership
• Business Members can make purchases with preprinted business cheques. To obtain cheque fees; (v) on miscellaneous fees, deposits and taxes, including applicable sales tax and goods
writing privileges, a pplicants must present two appropriate pieces of identification with their and services tax; (vi) on purchases of services, including travel, auto and other services; (vii) on
membership application. The information collected at that time will be used and retained for purchases where prohibited by legal or regulatory restrictions; (viii) on certain other categories as
(1) fraud detection, (2) identification purposes, (3) a credit check, which may be conducted if determined from time to time at Costco Wholesale’s sole discretion; or (ix) on purchases made
you choose to pay by cheque and (4) the uses described in our Privacy Statement including by anyone other than the Executive Membership account’s primary and spouse cardholders.
sections 5, 7 and 12. Cheques must be in the exact amount. All cheques must be issued on A complete list of exclusions from the calculation of the Reward is available on Costco.ca and
at the Membership Counter in each of our warehouses. Costco Wholesale warehouses outside
Canada can provide a list of exclusions specific to those locations. The period of calculation COSTCO USE ONLY
will run approximately from the date of the member’s paid enrollment or upgrade to Executive
Membership through the date approximately three months prior to the member’s renewal date.
Purchases from the last three months will be added to the following year’s Reward calculation.
MEMBERSHIP NUMBER
Calculation of a Reward is capped at, and will not exceed, $750 for any 12-month period.
Executive Members who downgrade to Gold Star or Business status or cancel their membership
and receive a refund of their membership fees may not receive a Reward. BUSINESS NAME ____________________________________________________
Use of Reward
Reward coupons will be mailed with membership renewal notices. Reward coupons MEMBER NAME _____________________________________________________
may be redeemed by the primary member toward purchases of most merchandise through FEES________________________________ GST ___________________________
the front-end registers at Costco Wholesale warehouses throughout Canada only. Reward PST____________________________
coupons may be used toward purchases of merchandise only; they have no independent cash
value. Reward coupons may not be used: (i) toward purchases of certain merchandise such as HST ___________________________
alcoholic beverages, cigarettes or other tobacco-related products; (ii) toward purchases that TOTAL _________________________
are not recorded through Costco Wholesale’s front-end registers, such as purchases at Costco
DATE ISSUED________________________ AMOUNT PAID__________________
Wholesale’s gas stations, food courts, optical centres (Quebec only), pharmacies and online at
Costco.ca; (iii) toward purchases of services, including travel, auto and other services;
GST/HST No. 121 476 329 RT
(iv) toward purchases where prohibited by legal or regulatory restrictions; or (v) toward certain
QST No. 101 819 9561 TQ
other purchases as determined from time to time at Costco Wholesale’s discretion. Reward
coupons will not be replaced if lost or stolen. A complete list of products and services that cannot
be purchased with Reward coupons is available on Costco.ca and at the Membership Counter in
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