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Huge Mistakes Everyone Makes Shopping At Costco - YouTube
Channel: Mashed
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Nobody really needs to be told how to shop,
right?
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But when you shop at Costco, the rules are
different.
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As a card-carrying member, you're probably
paying for a ton of benefits that you might
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not even know you get.
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You also might be making incorrect assumptions
when it comes to the items you select.
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Here are some huge mistakes you could be making
while shopping at Costco.
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Costco has two options when it comes to personal
memberships, Gold Star at $60 and Gold Star
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Executive at $120, and if you haven't upgraded
to Executive yet, you're missing an opportunity
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to recoup some, or all, of that annual fee.
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While it might sound a bit counterintuitive
to pay twice as much for the same access into
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the warehouse store, depending on your spending
habits, it could be well worth it.
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At the Executive level, you receive two percent
cash back on most purchases.
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According to Costco's math, if you spend $500
a month, or $6,000 a year, you're looking
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at a rewards check of $120, and in effect,
getting your membership totally free.
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The more you spend, the more you get back,
up to $1,000 a year.
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Even if you don't come close to that maximum,
anything over $60 in rewards is money back
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in your pocket.
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As a safety net, if you take the plunge and
don't spend enough in the first year to come
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out ahead, Costco will make up the difference
by ensuring that first check is at least $60.
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So what are you waiting for?
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Go upgrade that membership.
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Spoiler alert: Costco's layout is confusing
by design.
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They want you to get lost in their labyrinth
of tempting bargains so you spend all the
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money.
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Think about it… you shopped at the warehouse
store just last week, but somehow the layout
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is very different this time around.
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According to one former employee who posted
on Quora, this dipsy-doo switcheroo is no
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coincidence:
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"I worked for Costco for 13 years.
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They purposely move products around to different
locations and are constantly rotating a certain
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percentage of their inventory to new products.
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This creates a 'Treasure Hunt' experience
as you shop and helps you discover new products
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that you may not normally see on your shopping
visits."
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In other words, you're much more likely to
impulse buy this way.
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More tricks the retailer uses?
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The fresh food is all located at the back
of the store so you're forced to walk past
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all those amazing deals and hopefully put
them in your cart.
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Costco also forgoes any aisle signage, another
effort to get you to peruse all the products
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and buy what you see.
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If you don't want to spend more than you planned,
don't let their layout lead you astray.
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It always seems to happen… at least one
of the items you bought on your last Costco
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trip is now on sale, and you're kicking yourself
for missing out on the savings.
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The good news: There's a store policy that
works in your favor here.
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The bad news: You have to stand in the return
line to take advantage of it.
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But thanks to Costco's price adjustment policy,
the wait can be well worth it, because the
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store will refund the difference between the
price you paid and the sale price of any items
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within 30 days of purchase.
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When it comes to whether you need the original
receipt, some stores require it while others
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do not.
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Your best bet is to stash those slips away
for a month and check out the prices of your
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recent purchases next time you shop.
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You might be in for a hefty refund.
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If you're not buying gift cards at Costco,
you're doing it wrong, plain and simple.
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These prepaid cards for restaurants, coffee
shops, movie theaters, and other attractions
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aren't just a good generic gift option, they're
a gift you should be giving yourself, too.
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But why would you bother to buy a gift card
for yourself?
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Why not just pay the restaurant directly?
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Because you're leaving money on the table,
that's why.
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See, Costco sells $100 gift cards for these
establishments at a sizable discount, typically
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a 20 to 25 percent savings.
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Since you were going to spend $100 on movie
tickets eventually anyway, you might as well
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just buy the gift card and keep the $20 to
$25 in your pocket.
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This system makes sense on any goods or services
that you use consistently, or even a one-off
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night out to a nice restaurant.
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Hey, nobody can fault you for saving a few
bucks on date night.
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Although it might seem like a great deal,
not every bulk buy ends up being a money saver
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in the long run.
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"An entire case of cream of mushroom soup
for 4.99?
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Dammit Costco, you've done it again."
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Not all grocery items last forever, even those
canned, dried, and bottled.
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Take condiments, for example.
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While the six-pack of ketchup bottles might
seem like a bargain, you have to remember
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that the tomato-based product only keeps for
six months once opened, and one to two years
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unopened.
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Similarly, you only have a few months to use
up that giant jar of mayo, barbecue sauce
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only lasts about five months after opening,
and some hot sauce brands recommend finishing
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a bottle within six months.
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When it comes to canned and dried goods, you've
got a little more leeway, but there's a limit
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there, too.
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Dried pastas give you one to two years shelf
life, and while white rice keeps for up to
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five years, brown and wild rice only keeps
for up to eight months in the pantry.
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As for canned goods, acidic products like
tomato and citrus will only keep for about
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18 months, while most other products hang
in there for up the five years.
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When it comes to the fresh items, you've got
to be even more careful.
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Unless you're feeding a large family, it's
probably best to avoid things that ripen or
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spoil too quickly, like peaches or a tub of
leafy greens.
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Buy fruits and vegetables that last, like
apples and carrots, and take advantage of
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produce that can be refrigerated, like avocados.
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This also means the freezer section is your
friend and so are individually-wrapped snacks.
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A ginormous bag of something will likely go
stale before you get to the bottom, but tiny
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single-serve bags won't.
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For household items like toilet paper, if
you have a place to store the dozens of rolls,
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go for it.
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But when it comes to giant bottles of bleach
and bulk disinfectant wipes?
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They actually lose their effectiveness if
stored for too long.
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So unless you run a cleaning service, that's
probably not the best buy for you.
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The competitive prices on electronics is probably
enough to convince you to buy your next TV
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or laptop from Costco.
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But when you make the purchase at the warehouse
store, it comes with another benefit you might
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not know about: The Costco Concierge Service.
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This service, which applies to most major
appliances and electronics, comes with two
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major perks.
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One: Free technical support.
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Experts are available seven days a week to
help you with initial set-up and troubleshooting
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and will definitely come in handy when you
get stumped.
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Two: It extends the manufacturer's warranty
of the product to two years from the date
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of purchase.
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Since most items typically come with a one-year
warranty, this is huge.
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A whole extra year of protection, free of
charge?
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Now that's savings.
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As you wander up and down the aisles at Costco,
it's hard to miss all the Kirkland-brand products.
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And if you're skipping over them in favor
of their brand name counterparts, you're making
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one of the biggest Costco mistakes of all.
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First things first: no, Kirkland doesn't always
win when it comes to product comparisons.
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Consumer Reports indicated that though less
expensive, the private-label toilet paper
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and facial tissues ranked lower than national
brands when it came to quality.
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But plenty of the other Kirkland products
are cheaper, consistently outperform when
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it comes to both quality and taste, and in
some cases may even be manufactured in the
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very same factories as national brands.
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Just a few of the areas where Kirkland can
brag: The store brand has beaten Oscar Meyer
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in the bacon game, is one of the few imported
oils that met international and U.S. standards,
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and has even bested Grey Goose vodka more
than once in blind taste tests.
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Even Kirkland batteries, though they might
not last as long, come out ahead thanks to
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the value provided by the low price.
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In other words, don't be a brand snob, you
could end up paying more for an inferior product.
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Aside from merely telling you the price you'll
pay for an item, Costco's price signs have
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a hidden meaning, too.
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You'll need to pay attention to get the best
deals, and most importantly, to know if your
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favorite item is about to disappear forever.
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If the price ends in .99 or .98: This indicates
a regular retail price, and probably doesn't
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translate to any huge savings compared to
other retailers.
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If the price ends in .89, .79, .69, .59, .49,
.39, .29, .19, or .09, this indicates Costco
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got a manufacturer's deal, meaning they can
offer these items at a steeper discount than
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others.
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If the price ends in .97: This indicates your
biggest savings.
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These are items that need to go, and are priced
at a discount.
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If there happens to be an asterisk in the
upper right corner of the sign, act fast and
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stock up, because this means that the product
is likely going away for good.
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You just have to keep track of your numbers
if you really want to succeed.
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You might assume that the prices of items
inside the Costco warehouses are the same
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as the prices on Costco.com.
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But you would be wrong.
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That's why it pays to sign into the cyber-verse
and check the online price before you buy.
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"Password, enter."
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Every so often, in addition to the monthly
coupon book, members will receive another
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booklet of sale items, but this one is for
online purchases only.
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If you don't get the mailer, you can check
the current offering at the Exclusive Online-Only
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page of Costco's website.
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While some of these items are truly only offered
online, like bathtubs or sinks, you'll find
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that others are actually available in the
store, but the catch is, even if you can buy
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the item in the store, the sale price won't
apply.
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You never know what you might save on: maybe
it's $20 off a set of sheets or $100 off a
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piece of jewelry.
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The bottom line is: If you can afford to wait
a few days to get the item, shopping online
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can save you some serious money.
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Here's the greatest Costco hack of them all:
Don't pay the membership fee, but take advantage
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of the member benefits, at least some of them.
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As a non-member, you probably don't realize
all the perks you're missing out on.
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Have a prescription to be filled?
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That slip of paper will get you in the door
to get to the pharmacy, no membership card
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required.
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While you're there, you can also get free
health and wellness screenings, and even flu
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shots.
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Just want to buy some booze?
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In 16 states you can do so without a membership,
just tell the employee at the door that's
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why you're there.
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Same thing goes for the food court, but if
it's located outside, you don't even need
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to worry about getting in.
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Even a regular ol' shopping trip is a possibility,
as long as you have a Costco Cash Card.
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You can use it to gain entry to the store
and even pay for your items.
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Costco, officially hacked.
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Check out one of our newest videos right here!
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