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flag Costco gift card users can't redeem cards from Synergy World, Inc., which filed for bankruptcy in January 2026.

flag Thousands of Costco shoppers nationwide are unable to use gift cards from Synergy World, Inc., a San Diego-based company that shut down in late January 2026 and filed for Chapter 7 bankruptcy. flag The 19-year-old firm, which sold restaurant gift cards accepted at over 300 locations through Costco, moved its redemption deadline from January 31 to January 30 due to a sudden spike in usage. flag Under bankruptcy rules, gift cards are treated as unsecured debts, making recovery of funds unlikely. flag While some Costco stores have reportedly offered refunds, there is no official company-wide policy, and Costco has not issued a statement. flag The full financial impact and total value of unredeemed cards remain unknown until the bankruptcy process concludes.

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