{"id":294133,"date":"2025-06-15T04:05:58","date_gmt":"2025-06-15T04:05:58","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/costco-to-make-generous-offer-to-frustrated-phone-customers\/"},"modified":"2025-06-15T04:05:58","modified_gmt":"2025-06-15T04:05:58","slug":"costco-to-make-generous-offer-to-frustrated-phone-customers","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=294133","title":{"rendered":"Costco to make generous offer to frustrated phone customers"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p>Costco<span> (<strong><a href=\"https:\/\/www.thestreet.com\/quote\/COST\">COST<\/a><\/strong>) <\/span>, the largest warehouse club in the U.S., has been gaining a leg up on its competitors as its membership numbers continue to grow rapidly. <\/p>\n<p>During the first quarter of 2025, the number of Costco\u2019s paid household members increased to 78.4 million, up 6.8% compared to last year. <\/p>\n<p><strong>\ud83d\udcb5\ud83d\udcb0<\/strong><a href=\"https:\/\/www.thestreet.com\/newsletters?utm_source=article&amp;utm_medium_top&amp;utm_campaign=amazing_race\"><strong>Don&#8217;t miss the move: Subscribe to TheStreet&#8217;s free daily newsletter<\/strong><\/a><strong> <\/strong><strong>\ud83d\udcb0\ud83d\udcb5<\/strong><\/p>\n<p>This comes at a time when Costco\u2019s products and deals continue to go viral on social media platforms such as TikTok and Instagram. <\/p>\n<p align=\"center\"><strong><a href=\"https:\/\/www.thestreet.com\/retail\/costco-quietly-plans-to-offer-a-convenient-service-for-customers\">Related: Costco quietly plans to offer a convenient service for customers<\/a><\/strong><\/p>\n<p>Costco\u2019s U.S. comparable sales also spiked by 8.3% year-over-year during the quarter. This contributed to its net income of $1.7 billion, which is 2% higher than what it earned during the same quarter a year ago. <\/p>\n<p>Costco even outperformed its competitors by drawing in higher levels of foot traffic during the quarter. While Costco\u2019s foot traffic climbed by 6% year-over-year, Sam\u2019s Club\u2019s only increased by 2.7% and BJ\u2019s spiked by 4%, according to <a href=\"https:\/\/www.placer.ai\/anchor\/articles\/wholesale-clubs-find-success-in-q1-2025\">recent data<\/a> from Placer.ai. <\/p>\n<figure>\n<p>                        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.thestreet.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjE0ODgwNjk5MTg0ODUwNzI0\/costco-worker-lead.jpg\" height=\"675\" width=\"1200\"><figcaption>A staff member speaks to a customer inside a Costco store.<\/p>\n<p><a href=\"https:\/\/www.gettyimages.com\/detail\/1503701958\">Image source&amp;colon; VIEWpress&amp;sol;Getty Images<\/a><\/p>\n<\/figcaption><\/figure>\n<h2>Costco to offer a wild new deal to members<\/h2>\n<p>As Costco welcomes new members to its warehouses, it reportedly plans to launch a generous new deal next week that targets members who are frustrated with their current phone plans.<\/p>\n<p>According to a recent <a href=\"https:\/\/www.costcoinsider.com\/costco-july-2025-coupon-book\/#google_vignette\">report<\/a> from Costco Insider, Costco\u2019s July 2025 Coupon Book will feature a deal that offers members $450 if they switch to T-Mobile<span> (<strong><a href=\"https:\/\/www.thestreet.com\/quote\/TMUS\">TMUS<\/a><\/strong>) <\/span>and purchase\/activate a new phone on either its Experience More or Experience Beyond plan. <\/p>\n<p align=\"center\"><strong><a href=\"https:\/\/www.thestreet.com\/retail\/costco-quietly-limits-customer-purchases-of-a-beloved-product\">Related: Costco quietly limits customer purchases of a beloved product<\/a><\/strong><\/p>\n<p>Members who switch from AT&amp;T, Verizon, Xfinity, Spectrum, USCellular, Claro, or Liberty Puerto Rico will receive a $200 Costco Shop card and a $250 Virtual Visa prepaid card, equivalent to $450. <\/p>\n<p>Customers can even stack the deal, meaning they can receive up to 12 $200 Costco Shop cards and a maximum of four $250 Visa cards if they add 12 lines to the account. The promotion is valid between June 18 and July 20. <\/p>\n<h2>T-Mobile recently suffered major loss after angering customers<\/h2>\n<p>Costco\u2019s upcoming deal comes amid\u00a0an exodus of\u00a0T-Mobile\u00a0phone customers\u00a0after the provider implemented a <a href=\"https:\/\/www.thestreet.com\/retail\/t-mobile-angers-customers-with-latest-warning\">series<\/a> of price hikes.<\/p>\n<p>The phone carrier revealed in its first-quarter earnings report for 2025 that the number of customers who cut their phone service increased by 5 basis points year-over-year. <\/p>\n<p>Also, while T-Mobile added 495,000 new postpaid phone customers during the quarter, that number is 6% lower than the amount it welcomed during the same time period last year. <\/p>\n<p><strong>More Retail:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.thestreet.com\/retail\/costco-quietly-plans-to-offer-a-convenient-service-for-customers\"><strong>Costco quietly plans to offer a convenient service for customers<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.thestreet.com\/retail\/t-mobile-pulls-the-plug-on-generous-offer-angering-customers\"><strong>T-Mobile pulls the plug on generous offer, angering customers<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.thestreet.com\/retail\/kellogg-sounds-alarm-on-unexpected-shift-in-customer-behavior\"><strong>Kellogg sounds alarm on unexpected shift in customer behavior<\/strong><\/a><\/li>\n<\/ul>\n<p>During an earnings call in April, T-Mobile CEO Mike Sievert said the recent spike in churn is mainly due to consumers becoming more nervous about the state of the economy.<\/p>\n<p>\u201cSo overall, you saw across the industry churn was just on the margin a little elevated, and I think there\u2019s a number of dynamics there,\u201d said Sievert during the call. \u201cThat probably has more to do with kind of macro questions than with competition. You know, I think there\u2019s a certain element out there where people are in a time of uncertainty about the future, grabbing what they can afford now. And so you\u2019re seeing [more customer] upgrades and switching.\u201d<\/p>\n<p>Amid this concerning trend, many consumers have been flocking to cable companies to sign up for phone plans. <\/p>\n<p>Spectrum, Comcast, and Altice USA have added 886,000 new phone customers during the first three months of 2025, which is up from the 804,000 it added during the same time period last year, according to a recent report from <a href=\"https:\/\/www.moffettnathanson.com\/media-research?ID=d1faef0c-9eb4-4021-bf0b-2a3fbb776202\">MoffettNathanson<\/a>.<\/p>\n<p align=\"center\"><strong><a href=\"https:\/\/www.thestreet.com\/retail\/t-mobile-ceo-has-a-harsh-warning-for-customers\">Related: T-Mobile CEO has a harsh warning for customers<\/a><\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Costco (COST) , the largest warehouse club in the U.S., has been gaining a leg up on its competitors as its membership numbers continue to grow rapidly. During the first quarter of 2025, the number of Costco\u2019s paid household members increased to 78.4 million, up 6.8% compared to last year. \ud83d\udcb5\ud83d\udcb0Don&#8217;t miss the move: Subscribe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":294134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[11458,11717,54809,11658,1621,1255],"dealstore":[],"offerexpiration":[],"class_list":["post-294133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-costco","tag-customers","tag-frustrated","tag-generous","tag-offer","tag-phone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Costco to make generous offer to frustrated phone customers - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=294133\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Costco to make generous offer to frustrated phone customers - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Costco (COST) , the largest warehouse club in the U.S., has been gaining a leg up on its competitors as its membership numbers continue to grow rapidly. During the first quarter of 2025, the number of Costco\u2019s paid household members increased to 78.4 million, up 6.8% compared to last year. \ud83d\udcb5\ud83d\udcb0Don&#8217;t miss the move: Subscribe [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=294133\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-15T04:05:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/06\/costco-worker-lead.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=294133#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=294133\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Costco to make generous offer to frustrated phone customers\",\"datePublished\":\"2025-06-15T04:05:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=294133\"},\"wordCount\":649,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=294133#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/06\/costco-worker-lead.jpg\",\"keywords\":[\"Costco\",\"customers\",\"frustrated\",\"Generous\",\"Offer\",\"Phone\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=294133#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=294133\",\"url\":\"https:\/\/fivemor.com\/?p=294133\",\"name\":\"Costco to make generous offer to frustrated phone customers - 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