Costco doesn’t offer free or discounted memberships, but rest assured that the cost of membership can be recovered quickly thanks to massive price savings once you start shopping.
Gold Star Membership Offer:Receive a $20 online voucher for your next purchase on Costco.ca when purchasing a new Gold Star Membership on Costco.ca. A $20 online voucher Promo Code will be sent to the member’s email address within 2 to 4 business days of successful completion of the signup process.
EXECUTIVE MEMBER & receive a voucher for $40 OFF a $100 purchase on Costco.ca* Use promo code: COSTCO40 Executive Membership: $120 per year (plus applicable taxes) and includes a FREE Household† card. Sign up as a GOLD STAR MEMBER
However, Costco does offer members an extra benefit on prescriptions: the Costco Membership Prescription Program. This is a prescription drug discount card program that provides eligible Costco members and their eligible dependents with the ability to obtain lower prices on all medications.
How much does Costco membership cost?
The reason Costco can offer these low prices is that you need to have a membership to shop there. A Costco membership starts at $60 per year. If you’re not used to having to pay to shop, you may be a little hesitant to start a membership.
Executive Members earn an annual 2% Reward (up to $1,000) on qualified Costco, Costco.com, and Costco Travel purchases. This means that if you spend $6,000 at Costco in a year ($500/month), you’ll completely pay for the cost of your Executive Membership through Rewards.
And there’s good news for people who live in certain states: local laws may prevent Costco and other membership clubs from only selling alcohol to members. That means that if you live in one of the following states, you’re allowed to purchase alcohol without a membership: Arizona. California. Colorado.
Costco has discounted gift cards and movie tickets available both in-store and online. You can use these yourself to save a little extra at other retailers or unbundle them and give them as gifts.
As mentioned before, there’s really no such thing as a free Costco membership. But there are plenty of ways to save at Costco to help you offset the cost of your membership and maximize your investment.
Costco’s prices on alcohol are deeply discounted compared to normal retailers. Their Kirkland store brand offers the best deals and may be manufactured by your favorite well-known companies. They also offer a very impressive selection of wine, with a lower markup than you’ll find elsewhere.
There are lots of different coupon apps out there that will help you save money. Costco doesn’t accept manufacturers’ coupons, but you can get cashback when you purchase certain items.
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