Costco offers a great way to save money on various products. Downgrading your membership is easy and can be done in minutes from your computer or smartphone. But what if you don’t need the benefits anymore? Here’s how to downgrade your Costco membership online easily:
You may find it helpful to learn how to cancel a Walmart membership easily within a few minutes.
Steps To Downgrade Costco Membership Online.
Step 1: Go to Costco’s homepage.
To get started, you’ll need to go to Costco’s homepage. This is usually done by entering the site’s official URL (https://www.costco.com/) into your browser and pressing “enter.” However, if you’re reading this article on your phone or tablet and don’t want to type it out every time (as anyone who has tried using a touchscreen keyboard knows), you can bookmark it for easier access later.
Step 2: Log in to your My Account page.
Log in to your My Account page. You can log in using your Costco membership number, email address, and password.
Step 3: Go to Your Profile
You can access your Costco Membership on the “My Account” page. To get there, click on the “My Account” link in the top right corner of Costco’s homepage.
Next, click on the “Your Profile” link in the left-hand column under your name and photo (if you are a member) or above any available annual membership promotions (if you’re not).
Finally, click the “Edit” button next to your name and address and wait to be navigated to a new page containing all of your personal information and billing and shipping addresses.
Step 4: Navigate to the “Membership” tab.
Navigate to the “Membership” tab. They will redirect you to a page that contains information about your membership. It also allows you to make payments on your account, update your contact information (phone number, email address), add or remove an authorized user, or cancel your membership.
Step 5: Go to Membership Details
To change your membership type, go to the Membership Details page.
- From the Costco website, click on your name at the top right and select My Account.
- Click “Membership Details” on the left side of your screen. This will bring you to a page that contains all of your membership information.
Scroll down this page until you see “Membership Plan” in bold letters near the bottom of the page:
Next to it is another dropdown menu that provides options based on cost and services offered by each plan. Select one from the list for which you want to apply. If none meets what you’re looking for, select “Other Options.” Enter custom details on the number of people using the Costco card (or cards) instead of sharing one or more single cards between family members over time (e.g., two spouses).
Step 6: Click Downgrade Membership
When you’re ready to downgrade your Costco membership, click Downgrade Membership and wait for redirection to a new page to fill in your information.
Step 7: Follow the instructions displayed.
- Enter your member number, then the last four digits of your Social Security Number (SSN), and click Next. If you are having trouble remembering your SSN, you can look it up here. Confirm that this information is correct, and then click Next to go to the next screen confirming all of the above information as accurate.
- On this screen, confirm all the above information as correct again, and then click Finish Transfer/Downgrade Membership so that Costco can process it.
Transfer your membership from an Executive or Gold Star Member to Business Member status. This will ask you for confirmation about any purchases you made on the Executive/Gold Star account that do not qualify for reimbursement (such as gasoline). Confirm these details, and then click Finish Transfer/Downgrade Membership so Costco can process it.
After entering all of your billing and contact details, click Confirm Downgrade Membership. Your card will be billed the difference between the cost of your original membership and the cost of renewing it at the new reduced rate (if there is a price difference).
Step 8: Wait for a response from Customer Service.
At this point, you will have to wait for a response from Costco’s Customer Service department. The answer will be sent to you via email or text message. It depends on how you prefer to be contacted (you can change your preferences at any time).
They will confirm that the downgrade was successful and your current membership plan.
FAQs
Yes, you can make changes to your Costco membership via live chat. The customer service representatives are available 24/7 and will be happy to help you with questions or concerns regarding your account.
For example, if you want to upgrade or downgrade your membership status but don’t know how the process works (or where to go), live chat is an excellent way to get some guidance. You can also ask about other aspects of your account, like paying bills or reviewing invoices while in live chat mode.
You can make various modifications to your Costco membership online. They include;
– Membership type
– Renewal date
– Membership address
– Billing information
– Email address
– Phone number
No one likes to pay extra, especially for things they don’t need anymore, so if you are no longer using a Costco membership and want to downgrade, there is no reason not to ask for a refund.
However, there are some vital details to know:
– If you have been a member for less than two years, you will not be eligible for a refund on your annual fee. You can still cancel your membership and receive unused vouchers or rewards points accrued since the cancellation, but they won’t be in cash form.
– Suppose you were once an Executive member but now only want the benefits of Gold Star Membership. In that case, Costco will allow this downgrading as long as it isn’t within 30 days of becoming an executive member (this includes renewals).
You can update your contact info, payment method, and credit card information.
You can also change your membership level, type, renewal date, and start date (if applicable). If you are downgrading from Executive to Gold Star or Business to Gold Star or from Gold Star to Base, please note that a prorated amount will be due for the remainder of the month.
From the steps described above, it is clear that you can easily downgrade your Costco membership online. The process is relatively straightforward, with only a few clicks needed to complete it. Suppose there are any problems during the downgrade process. In that case, by contacting customer service, you will get assistance with any issues arising from canceling or changing your membership level.
