Costco Membership Deal on Groupon – $40 Gift Card & $40 Off Coupon
I got an email from Groupon this morning that one of my favorite deals is back. The Costco membership deal on Groupon is back. Get one of the most valued memberships out there at a fraction of the normal costs.
Update 6/13/22:
I was at Costco yesterday to take advantage of this deal. They allowed me to upgrade to Costco Executive on top of this Groupon deal. With Costco Executive you earn 2% back on all purchases. The cost is $60 a year but they guarantee you earn at least that much back, if not you can ask for the difference at the service desk to get to $60. So it is essentially free with a chance to earn more. The regular membership earns no cash back. There was a $20 back on Costco membership deal on Dosh too. Well, the $60 charge for Costco Executive triggered the Dosh credit. That brought my net cost to $0 when factoring in the $40 Costco gift card I’ll get.
Details of the Offer
For $60 you get the following:
- A One-Year Costco Gold Star Membership with auto-renewal of the Costco membership using a Visa® credit or debit card
- A membership card for the Primary Cardholder and one additional Household Card for anyone living at the same address, over the age of 18
- A $40 Costco shop card (gift card is valid towards any purchase, including gas)
- $40 off any order of $250+ on Costco.com
- Expires August 14, 2022
Terms & Conditions:
- After purchasing this deal, you’ll need to visit the merchant’s website to complete redemption. Learn more here.
- To qualify for the package incentives, new members must sign up for auto-renewal of the Costco membership using a Visa® credit or debit card. If a member elects not to sign up for auto-renewal, incentives will not be mailed.
- Valid only for new members and those whose memberships expired prior to January 1, 2022
- Not valid for the renewal of an existing Costco membership
- Offer is valid at all US Costco locations. Find a location near you.
- Valid at U.S. Costco locations only
- Frequently Asked Questions
Breaking Down the Offer
Last year’s deal came with a $30 gift card but better coupons. I look at this as getting a Costco membership for $20 since I would spend the $40 at Costco anyway. I don’t really value the online coupon but some of you might, making this a negative cost offer. As I stated in my recent article about Costco’s food court change that went under the radar, my membership recently expires. I have shared how to shop in Costco and buy gas without a membership but I do thing it is worth having one. Especially when it is only $20. I plan on grabbing one of these offers.
Remember to use a shopping portal on Groupon for even more of a discount.
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10% Groupon Bucks if you buy with an enrolled Chase card too: https://www.chase.com/personal/credit-cards/groupon
Do you know if it is possible to cancel the auto renewal at some point during the year?
I don’t think Costco auto renews
Costco does auto-renew. I had to provide a Visa card on activation for that purpose. It’s also part of the T&C of the offer.
Thanks George! The last time I did this deal I didn’t have to deal with that.
Costco is very easy to cancel and will often give a full refund for the membership at anytime. So if they do bill for the 2nd year you should be able to go in there and cancel it no problem.
Yes. Easy to do.
I went through Samsung Pay to get this, hoping to also earn 20% back – they were even advertising “20% back on Costco membership” with a link to the Groupon offer – but it’s only showing $4.99 pending (and of course I’ll need $5 to cash out). Ever see this before?
I don’t have Samsung Pay so I have not seen it before but I hope it stacks for you. That would be awesome!
Now I got a new notification/promo – “$5 Cash Back Award on Costco Memberships.” So the prior 20% ad was either an error or a bait-and-switch. And with it tracking at $4.99, I’ll have to make another purchase to get over the $5 threshold.
But hey, it’s $5. Or $4.99, whatever.
$5 is $5 – better than nothing!
I did a deal recently that gave $40 statement credit and $20 Costco cash to totally offset membership. Then when I was at the registration counter I saw they had coupons right there for $60 Costco cash card with membership. That would have been easier as I would likely have had the $60 in less than a week (like with the $20 card).
It may be worth calling the local Costco to check on deals before getting into the more convoluted offsets.
Good tip Carl – I will have to check it out next time I am in a store and see if I can get a hold of one of the offers.