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Building Wealth through Saving and Investing

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Buy a Costco Membership and Receive a $25 GC.

I was cruising through the “hot deals” forum on Red Flag Deals and came by a great deal for purchasing a Costco membership! If you purchase a Costco membership online (Canada only), they will send you a $25 GIFT CARD along with it! All you have to do is use the coupon code “GSWEB25B” in the indicated field upon checkout (make sure you hit the “apply” button). Note that this deal is for NEW Goldstar memberships only, I don’t think it works for renewals.

I’ve been contemplating renewing my Costco membership since it expired in December 2006, the $55 + tax annual fee always makes me think twice. However, with the $25 gift card promotion, the effective membership cost is $55 + tax (14% in NL) = $62.70 - $25 = $37.70 for both me and my wife (2 cards). They had the same promotion last year, which coincidentally was when I signed up last year. :)

Here’s to another year of buying in bulk and eating lots of samples.

For more details on this deal, check out this thread.

Have a good weekend (eating samples at Costco) and I’ll see you on Monday.

Update July 20, 2008: Apparently there is a new code for July 2008 that will give you the same $25 off your new membership: GSWEB24

Speaking of saving money while shopping, how would you like to get a 4% chapters coupon, or 3.33% off from Canadian Tire, 1.33% from Westjet or 16% off already discounted magazine subscriptions? Check out my Great Canadian Rebates post for more details.

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20 Comments, Comment or Ping

  1. Hey FT!!

    Good eye. Costco is a great place to buy propane as well. $13 for a 20 litre. ($24.99 at the corner gas station).

    Last year I discontinued my contract with my propane provider in order to save money at Costco. I figure I save around $300 per year.
    I have three tanks and I just bring them with me when I am going to pickup my bi-weekly bulk buy at Costco.

    Ya never know, I might bang into you there. ;-)

    Chris Spurvey
    http://www.mlm-journey.com

  2. Chris: Costco is definitely by far the cheapest place to buy propane, good call.

    FT

  3. 3. Ryan

    Just got my $25 dollar gift card :)

    Thanks FT!

  4. No prob Ryan! I received my $25 GC a while ago also.

  5. 5. ewan

    Do you need to buy a new membership instead of renewing each year?

  6. 6. bob & pat preston

    Is this offer still available, if so, please process

  7. 7. Lesley

    Thanks…GSWEB18 worked for me today in ON, Canada!

  8. 8. Ed Rempel

    Hi All,

    You can shop at Costco if you want without getting a membership. I just buy gift cards. They will let you in without a membership if you have a gift card. Buy enough to last you a few months.

    Just so you know, we have done the cash flow for thousands of people and find that groceries for most families cost $400-600/month - except if the shop at Costco. For Costco members, groceries typically cost $200-400/month more than non-Costco shoppers. We think this is because of the non-grocery items you are tempted to buy there.

    Most people will save $200/month ($2,500/year) in expenses if they cancel their Costco membership and shop at a regular grocery store.

    If you want to buy a certain item there, just buy yourself a gift card before you go in (you can buy them online) and then buy only that item.

    Always trying to save you money…

    Ed

  9. 9. Audrey Prior

    Is there a Costco code for June as the May 2008 does not work.

  10. 10. rfd

    new code as of June 2008 is GSWEB22

  11. 11. Lin

    If you shop at Costco using a gift card do you pay the 5% premium on your purchase? When you shop Costco in the US I know you can shop w/o a membership if you pay the 5%…not sure if it’s the same in Canada. Would be interested in the gift card policy. If there is no premium on a gift card purchase why buy a membership??

  12. 12. Audrey Prior

    RFD….. Sorry for the delay..got the $25 card. Many thanks.

  13. Signed up today and received the $25 coupon. Thanks,

  14. 14. Eddy

    Used the coupon on August 4th as costo.ca.
    It is Still valid

  15. 15. Jay Chow

    Hi Eddy,

    What code did you use on August 4? Is it GSWEB24? I used it today and it didn’t work for me.

  16. Hi Jay, I used GSWEB24 today and it worked for me. When you get to the checkout, use the code as your “coupon code” and click “apply”. After which, you’ll see the $25 gift card notice in the box next to the “coupon code”.
  17. 17. Jay Chow

    Hi there, I tried the coupon code again yesterday and it worked!! Thanks everyone for helping me out. Can’t wait to get the $25 gift card in the mail….

  18. 18. Marilyn Thompson

    I would like to buy a membership and receive the $25 Gift Coupon

  19. 20. Mikel

    GSWEB24 worked for me today,.

    Thanks!

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