Costco

From GiftCardNexus

Costco (NASDAQ: COST) is the largest membership warehouse club chain in the world based on sales volume.^[1] . Costco's main competitor in the US is Sam's Club owned and operated by Wal-Mart. Costco gift card is referred to as Costco Cash Card and has a high resale value probably due to the wide range of redeemable merchandise and service, such as grocery, gasoline, third party gift cards, etc.

1 General
2 Trends and Resales
3 Terms and Fees
4 See Also
5 References
6 External Links

[edit] General

Costco offers the traditional plastic Cash Card or an electronic gift certificate version. Electronic Gift Certificate is stored on a Costco.com online corporate account. Cash Cards are available in any amount from $25 to $1,000, while online gift certificates are available in any amount from $25 to $500. Online orders comes with a customizable message.

[edit] Trends and Resales

Costco Gift Card
Reporting Period
Past 270 days 10-18-2009 to 07-14-2010
Total Amount	$154,444.65
Avg. Daily Amount	$572.02
Total Volume	412
Avg. Daily Volume	1.53

Resale Value
Average	105.32%
Standard Deviation	±5.14%
Median	106%

Top 5 Denominations
$100	25 cards
$300	22 cards
$400	15 cards
$250	7 cards
$25	6 cards

[edit] Terms and Fees

Costco Cash Card is redeemable for purchases at any Costco store in the U.S. and online at Costco.com. Costco membership is not required to redeem the gift card. However, non-members are charged a 5% surcharge for purchases. Membership is required to purchase or reload Cash Cards.

Re-loadable.
No expiration date.
No dormancy fees.
Not returnable or redeemable for cash except in states where required by law.
Lost, stolen and damaged cards will not be replaced or refunded.
For balance inquiry use the card balance website, take your card to any store register or call 1-888-537-5503.