8 Ways to Get the Most of Your Costco Membership | Credit.com (2024)

FAQs

How to get the most out of your Costco membership? ›

When you join as a new member online at costco.com and enroll in auto renewal of your annual membership, you'll receive a free $30 Digital Costco Shop Card.

While Costco doesn't offer free or discounted memberships, we do provide an exclusive college student offer to join Costco as a new member and receive a Costco Shop Card!

Unfortunately, though, Costco doesn't offer senior discounts. You'll need to prepare to pay $60 for a basic membership or $120 for an Executive membership. You may find, however, that the savings you enjoy can more than make up for those costs.

If you're the Primary Member or Account Manager, you can assign your free household card to one other person in your home. That way they'll also get the benefits of a Costco membership. To add someone, sign in and head to Account Details in your Costco.com Account.

And once you spend more than $3,000 in a year at Costco, you've saved money and made back your membership fee upgrade. It costs an extra $60 to pay for Executive membership. But if you end up spending about $100 a week at Costco, or $5,000 in the course of a year, your Executive membership will give you $100 back.

Now, you can save even more on an annual membership thanks to a deal through StackSocial. Right now, when you pay $60 for an annual Costco membership on StackSocial, you'll receive a digital $40 Digital Costco Shop Card, bringing the total cost of membership down to an impressive $20.

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. Not to mention the substantial savings on our many Costco Services, which you can use everyday in your business and personal life.

Join and enroll in auto renewal of your annual membership to receive: A $40 Digital Costco Shop Card* for new Executive Members. Or, a $20 Digital Costco Shop Card* for new Gold Star Members. Use promo code MOVER at checkout.

Costco does not offer "senior discounts." But the same low prices that Costco offers to all shoppers can be an especially good value for retirees on a budget. Enjoying life in retirement depends on how you want to spend your time and money.

Is there a cheaper way to get a Costco membership? ›

These memberships come at a price, but if you sign up for Costco's Gold Star annual membership via StackSocial right now, you'll also get a $40 Costco gift card. That means the membership is basically only going to cost you $20.

Costco does not offer free shopping passes.

Costco has more stores across the globe, is expanding rapidly, and generally offers cheaper prices than Sam's Club does, although the latter charges slightly less for membership, has a bigger presence in the U.S., and stocks more name brands.

But if your annual spend regularly tops $3,000, you're better off with the Executive Membership. Every additional dollar you spend after $3,000 will bring your annual fee further and further below $60 and end up saving you money in the long run.

Costco is a unique store in that you need to pay for a membership to shop there. With a regular supermarket or big-box store, you just walk on in. You don't have to show a membership card at the door.

From the first day you sign up as an Executive Member, you are automatically enrolled to start earning toward your annual 2% Reward. Executive Members can earn up to $1,000 every year on qualified Costco, Costco.com and Costco Travel purchases. * See Executive Membership Terms to learn more.

How much you'd need to spend to make Costco Executive Membership worthwhile. In order to receive $60 in reward dollars and recoup the $60 more that an Executive Membership costs, one must spend $3,000 over the course of the year at Costco on eligible purchases, an average of $250 a month.

But if your annual spend regularly tops $3,000, you're better off with the Executive Membership. Every additional dollar you spend after $3,000 will bring your annual fee further and further below $60 and end up saving you money in the long run.

In that case, you should aim to go to Costco at least once every three months, or four times a year, to justify the expense of a membership, because if you're not making that money back, it's probably not worth spending.