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Costco Limits Return Policy for Electronics: It Was Only A Matter of Time

Looks like your friend and mine, the amazing Costco return policy, is on its way out. Apparently, it did enough damage to the already razor thin profit margins of the company for management to take action. For those unfamiliar, it used to be that you could return anything whenever you wanted for a full refund (with the exception of desktop computers, which had a limit of six months). The policy was one of the reasons why I was an avid Costco electronics shopper (if the wanted gizmo was carried there).

But I always knew it would only be a matter of time before the too-good-to-be-true shopping scenario changed. Though even with the change, Costco likely still has the best return policy out there. Here’s what to expect:

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Why Costco & Rebates Go Together: You Keep the Rebate After Return

CostcoA friend of mine was explaining how he wasn’t impressed with a certain Canon camera he had purchased from Costco months earlier. There was a problem with the focus that he was hoping would just go away. Otherwise, it was a great camera for a great price. In fact, the original price was greatly reduced by a $100 mail-in rebate. After finding out from other owners that this focus problem was not unique to his particular camera, he decided it was time:

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