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The Deal
- Buy 1 year Costco Gold Star membership for $60 from Groupon & get a $40 Costco Shop card & a coupon code for $40 off a $250+ online order.
- Direct link to offer (our affiliate link).
Key Terms
- 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 April 1, 2020.
- Not valid for the renewal of an existing Costco membership.
- Offer is valid at all US Costco locations.
- Promotional value expires Dec 31, 2020. Amount paid never expires. Costco Shop Card and Costco.com promo code are considered ”Promotional Value.” No cash back for promotional value will be provided except where required by law. If you do not redeem your voucher by the promotional value expiration date, you will receive a refund equal to the amount you paid for your voucher.
- Limit 1 voucher per person.
- May buy 1 additional as a gift.
- Limit 1 Costco Shop Card per member/household.
- Promo code expires January 31, 2021.
Tips & Ideas
This is a pretty good deal for a new Costco membership as it has a net cost of $20 if valuing the $40 Costco Shop card as good as cash. If you know you’ll definitely use the coupon code for $40 off a $250+ online order, it’s a profitable deal.
I’m not sure if the coupon code will work when ordering five of the Nutrisystem gift cards from the latest deal seeing as that comes to more than $250. I doubt the code would work on gift cards, but I’m not familiar enough with Costco to know for sure.
Click through to Groupon from a shopping portal to earn cashback or rewards – here are the current rates. You can also pay with a Groupon gift card bought at a discount, so that can make the deal even better.
It might still be possible to get a Costco membership and make a profit through other means. In that post I explain how I managed to stack several deals to get a Coscto membership for better than free. I’m not sure if some of those deals are still available; the MPX and Uber Visa Rewards elements to the deal disappeared after I redeemed them, but they might still be available for anyone who hasn’t used them.