Costco Membership Deal on Groupon
Groupon is offering a new deal for Costco membership. While you will pay full price for the membership itself, you get a discount on your first online purchase. On top of that you can save $10 with Amex Offers and get some extra cash back from shopping portals and your credit card. Add all that together and it’s about free. Let’s see how it works.
Details of the Offer
You can choose one of the two memberships:
- Gold Star Membership ($65)
- Includes $50 off a $150+ Costco.com order
- Executive Membership ($130)
- Includes $100 off a $250+ Costco.com order
Amex Offer and Shopping Portals
It gets even better if you pay with an American Express card. Most cardholders should be targeted for an offer to earn a one-time $10 statement credit when spending a minimum of $50 at groupon.com by 7/26/2026. You can see the offer details here.
Shopping portals like TopCashback are also offering 4% cash back and you get your usual rewards from your credit card.
Terms & Conditions:
- After purchasing this deal, you’ll need to visit the merchant’s website to complete redemption. Learn more here.
- Promotional value expires Jul 5, 2026. $100 off an order of $250 or more on Costco.com for a new Executive Membership or $50 off $150 or more on Costco.com for a new Gold Star Membership on Costco.com promo code incentive expires August 9, 2026.
- Valid only for new members and those who have not been a Costco member (in any capacity, Primary, Household, or Affiliate) in the last 18 months.
- 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
Conclusion
This is very good opportunity for those who are looking to get a Costco membership. The discount is easy to use, and the Amex Offer is widely available. Also check shopping portals for additional cash back.
If you’re eligible and were planning to join anyway, the Executive option is especially attractive with the $100 coupon. You get a 2% annual reward on eligible purchases (up to $1,250), exclusive travel perks, and special discounts on Costco Services.
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.