Costco Membership Deal, Get $40 Gift Card and $40 Off $250 Discount

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Costco Membership Deal

Costco Membership Deal, Get $40 Gift Card and $40 Off $250 Discount

Costco has a new promotion for its annual membership. You can get one of the most valued memberships out there at a fraction of the normal cost. The price tag is usually $60, but right now you get a $40 gift card and a $40 discount on an online purchase. You can look at this as paying just $20 for the membership, or even less. Let’s take a look at the details.

The Offer

Apply promo code GRPMKT21 at checkout. For $60 you get the following:

  • A One-Year Costco Gold Star Membership with auto-renewal
  • A membership card for the Primary Cardholder and one additional free 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

Link to Offer

Terms & Conditions:

  • Promotion Ends: Sunday, Oct. 3, 2021
  • To receive the incentive, you must agree to auto renewal of your Costco membership on a Visa® card at the time of sign-up.
  • To receive the new member incentive use the single-use promo code on the following page when entering your payment information. (Note: You will see a $0.01 deduction on your membership cost after the promo code is entered. This indicates that your promo code is active and you will receive the promotion incentive.)
  • Promotional Costco Shop Card incentive will be mailed 4 to 6 weeks after sign-up; it will be mailed to the address provided by the member. $40 off any order of $250+ on will be emailed 1-2 weeks after sign-up, to the email address on file.
  • Limit one promotion per household.
  • Valid for new memberships only.
  • An Executive Membership is an additional $60 upgrade fee a year.
  • New members must be 18 years of age or older.
  • Offer is valid at all US Costco locations. Find a location near you.


With this promotion you are getting a Costco membership for $20, even if you don’t take the online discount into consideration. If you are looking for a membership, then you will spend at least $40 at Costco anyway.

But even the online coupon has some value in my opinion, and it makes this close to a free membership.

Mark has shared tips on how to shop at Costco and buy gas without a membership but I do think it is worth having one. Especially when it’s free or it costs you $20.

Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

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Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


  1. My membership is up for renewal: what would be a way to use this? Cancel and use for P2? Any downside to canceling?


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