Let me ask...
my membership is currently canceled (i let it expire). Does a "renewal" mean that if I went in right now it'd be a renewal, and not a new membership?
What's to stop me from just opening up a totally separate account with this even though I have an old expired membership on file?
They will search for your old membership using your ID. I got this same promotion through a different vendor and my Costco membership had been expired for 3.5 years and I was not eligible. Luckily I had my mother with me and she signed up, so I am just the 'additional' on her account. The coupons are pretty decent if you are thinking of joining.