1. Automatic Membership Renewal. In this paragraph, “Payment Method” means a current, valid, accepted method of electronic payment (e.g. credit, debit card), as may be updated from time to time and which may include payment through your account with a third party such a bank. If you used a Payment Method to pay for your membership online or in a club, your PriceSmart membership will continue year-to-year and automatically renew until cancelled. If you wish to cancel automatic renewal of your membership, you must cancel your membership before it renews each year in order to avoid billing of the next year’s membership fees to your Payment Method (see “Cancellation” below).
2. Cancellation. You can cancel your PriceSmart membership at any time, and you will continue to enjoy the privileges of membership through the end of your annual billing period. We do not provide refunds, credits, or pro-rating for any partial-year membership periods or non-use. If you cancel your membership, your account will automatically close at the end of your current billing period. To learn when your account will close each year (your anniversary date), please contact your local PriceSmart club Membership department or check your Payment Method statement to see when your card was last charged for your membership.