Costco Shoppers: Check Your Wallet for Unredeemable Restaurant Gift Cards

By Krystal | Staff Writer

Feb 11, 2026 @ 4:00 PM MST

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You may have a worthless gift card you bought from Costco in your wallet!

costco storefront

Costco shoppers, heads up if you purchased discounted restaurant gift cards from Costco!

Synergy World, Inc., the company that managed these gift cards, has filed for Chapter 7 bankruptcy and as a result, Synergy Restaurant Gift Cards (both physical and eGift) are no longer redeemable as of February 1, 2026

Since gift card holders are considered unsecured creditors in bankruptcy cases, refunds aren’t guaranteed; however, some Costco locations have reportedly offered refunds on unused cards, though this seems to vary by store and there’s no official company-wide policy.

If you still have one of these gift cards, consider stopping by your local Costco or contacting customer service soon to see what options might be available.

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About the writer:

Krystal has an associate's degree from Devry University, with over 6 years of writing experience between multiple publications in the fashion, lifestyle, beauty, and health industries.