Costco Jewelry Return Policy
What is the jewelry return policy for non-members of Costco?
According to Costco's return policy for non-members, if you received jewelry as a gift from Costco and wish to return it, only the person who purchased the item with membership is authorized to make the return.
Costco, one of the biggest stores in the country, has an easy-to-understand return policy. It's crucial to remember here that the return policy is different for non-members.
Costco allows the member who purchased the jewelry to return the gift.
Costco will not give gift cards, receipts or store credits for items purchased by people who are not members. This means that the only way to return jewelry without having a Costco Membership is to contact the original purchaser.
It's always a good idea to study Costco's return policy since certain things, like electronics or big products, have extra conditions you need to be aware of to prevent any problems while returning the item.
Costco Returns policy
The ground rule when it comes to Costco's refund policy is that you can basically return anything, at any time, no questions asked -- with some limited exceptions.
Costco accepts returns without a receipt?
Costco will accept returns even without receipts. Costco offers a 100% satisfaction guarantee on most of its items, which includes a refund for the full price. Nevertheless, some items are excluded and certain products must be returned in 90 days.
Costco will accept returns if you have the product and your membership card. An associate at Costco can then check your previous orders.
Most refunds are put onto a Costco cash card that members and non-members can use.
The difference will be credited to your Costco account for use on your next order.
Costco accepts jewelry without receipts.
Yes, but you need to have your payment card from the purchase as well as your Costco membership card to monitor and validate your purchase.
Both your Costco Membership Card and your card of payment from your purchase are required. The two documents will allow Costco to validate and monitor your purchase.
In order to process the return, a few documents must be presented. IGI or GIA certificates are required for any jewelry worth more than 1.00 carats. The documents provide information about the item's authenticity and quality. They also ensure a fair return process.
When making a purchase, it's usually beneficial to read and understand the return policy to make sure you are informed of any conditions or limitations that may apply.
Cigarettes And Alcohol
Cigarettes are one of the products that cannot be returned to Costco.
Costco does not accept cigarettes returned because of state laws.
Cigarettes are dangerous in their own right, but there's also always a risk that someone might tamper with them and then try and return them.
If the company attempts to resell the item, they might sell the tampered-with item to an unsuspecting customer who might become seriously injured or ill from using the item.
As such, it's a lawsuit just waiting to happen.
You also can't return alcohol to Costco.
No matter if the bottle has been opened, Costco won't accept alcohol returns.
It is also a concern about the possibility that the alcohol has been tampered.
Costco should resell alcohol if the store is closed. Alcohol lasts a very long time.
However, because of the concern that someone might have tampered with the alcohol, it becomes too risky to resell it.
Since Costco can't resell to make money off the item, they're unable to accept it as a return.
Special Exceptions To The General Return Policy
Costco has a generally lenient return policy, but there are some exceptions that you need to be aware of.
In addition, some products may also have warranties from the manufacturer that limit or spell out the terms of a return. When purchasing products from Costco, you may wish to inquire about the specific return policy for each product.
Are Costco Diamond Rings Good Value
Costco is not a good place to buy an engagement ring. It's just not worth it. We discussed above how you could purchase an identical solitaire 1 carat setting for 30 percent less from online jewelers like Blue Nile and James Allen.
We've all had some great shopping secrets. I once purchased a 0.70ct showed that you can save 28% if you went with this 0.70ct I color VS2 clarity excellent cut from Blue Nile and paired it with this solitaire setting.
These savings are significant but not quite as drastic when you compare them to other brick and mortar retailers. Given Costco's lack of diamond service, however, I think that drop is very significant.
You don't have service for sizing or any sort of warranty, and there is a very limited selection of setting/diamond options. While you can do some research and due diligence on your own, there is no personal service at Costco.
Pricing
Costco is not a brand that immediately conjures images of diamonds, so we didn't expect their stones to be anything more than bargain basement. The biggest surprise came when we compared their engagement rings to leading names and discovered how poorly they fared price wise. As they don't sell loose diamonds we had to compare a preset ring with one you design yourself from two other retailers.
There is no 'design your own' feature on Costco. You can only select a diamond solitaire by clicking the "select unique" option in the menu on left. The stone we chose was 0.9ct round, color l and VS2. There is not cut options they are all classed as 'brilliant'. As there is no accreditation with this stone we can only take their word for the brilliance of it.
When you click on view it transforms into a very attractive platinum engagement ring costing $4,999. On the James Allen site we chose a platinum setting which cost $825 then a like for like stone of 0.91ct with an excellent cut for $3,640. This made a total of $4465 for a ring from a leading retailer with a stone accredited by AGI or GIA. Costco will charge you an additional $534 for this ring with a non-certified stone.
This result intrigued us and we wanted to make sure it wasn't a one off. We went to Whiteflash, one of our favorites. We were excited to compare Costco to Whiteflash, who have a stellar reputation as online retailers of diamonds.
Starting with Costco we went for a princess 1.00 ct, VS2 clarity, color l diamond which became a 4 prong platinum solitaire again costing $4,999.99. Whiteflash started us off with a platinum solitaire that cost $695. We added a GIA-certified 1.016 ct stone from the A CUT ABOVE collection to this. The diamond cost $4,272 bringing the total cost of the ring to $4967 or $4818 if you pay by wire transfer.
These savings of $32.99 or $189.99 don't seem a lot but when the saving is in the favor of a company of Whiteflash' caliber it's massive. This shouldn't be happening for a shop that doesn't specialize in diamonds.