How is an automatically applied discount known in Costco transactions?

In Costco transactions, an automatically applied discount is known as an Instant Rebate Coupon. This designation refers to the promotional discounts that are deducted directly from the purchase price at the point of sale, allowing members to benefit immediately from a reduced price on eligible items. This system enhances customer satisfaction by providing immediate savings without requiring customers to submit for redemption post-purchase.

The other terms do not specifically refer to this concept in the context of Costco. For instance, the Instant Discount Rate could imply a pricing strategy but does not capture the essence of the rebate mechanism. Immediate Refund Credit suggests a return or refund scenario rather than a discount applied at the point of sale. Instant Rebate Credit Adjustment is more complex and does not convey the straightforward nature of an adequately applied discount as represented by the Instant Rebate Coupon. This highlights the simplicity and effectiveness of the rebate program in attracting members and enhancing their shopping experience.