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Costco Membership Coupon Code and Discount

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 Dec 24, 2008: There is a new code for Dec 2008 that will give you $10 off your new membership: GSWEB36

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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FT About the author: FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.

{ 43 comments… add one }
  • Avatar Chris Spurvey February 9, 2007, 8:29 am

    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

  • Avatar FrugalTrader February 9, 2007, 9:01 am

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


  • Avatar Ryan March 6, 2007, 11:47 pm

    Just got my $25 dollar gift card :)

    Thanks FT!

  • Avatar FrugalTrader March 7, 2007, 7:27 am

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

  • Avatar ewan April 11, 2008, 2:26 am

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

  • Avatar bob & pat preston May 11, 2008, 12:55 pm

    Is this offer still available, if so, please process

  • Avatar Lesley May 20, 2008, 1:09 am

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

  • Avatar Ed Rempel May 20, 2008, 2:07 am

    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…


  • Avatar Audrey Prior June 6, 2008, 1:12 am

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

  • Avatar rfd June 10, 2008, 7:37 pm

    new code as of June 2008 is GSWEB22

  • Avatar Lin July 12, 2008, 2:21 pm

    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??

  • Avatar Audrey Prior July 17, 2008, 1:01 am

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

  • Avatar Fran Lennie July 22, 2008, 4:54 pm

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

  • Avatar Eddy August 5, 2008, 12:31 am

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

  • Avatar Jay Chow August 6, 2008, 6:41 pm

    Hi Eddy,

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

  • FT FrugalTrader August 9, 2008, 9:07 pm

    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”.

  • Avatar Jay Chow August 12, 2008, 12:19 pm

    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….

  • Avatar Marilyn Thompson August 12, 2008, 4:54 pm

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

  • Avatar Mikel August 15, 2008, 12:07 pm

    GSWEB24 worked for me today,.


  • Avatar Stacey September 10, 2008, 2:56 pm

    GSWEB24 worked for me today thank you!

  • Avatar Angie September 11, 2008, 12:30 am

    Thanks a lot for the code…It worked like a charm…

  • Avatar MultifolDream$ September 11, 2008, 1:18 am

    Thanks for the code MDJ!

  • Avatar DK November 16, 2008, 6:30 pm

    Is there a CURRENT code that’s valid??? I tried the ones listed and they’ve expired. Also, any info. on the Costco policy when using a Cash Card? Do they give change in cash? What if I go over the Cash Card amount in my purchase (and I don’t have a memebership)?

    Thanks to you all!

  • Avatar Amanda December 2, 2008, 6:32 pm

    GSWEB30 gets you a $10 coupon

  • Avatar Jane March 4, 2009, 11:47 am

    I’m wondering why wouldn’t anyone UPGRADE for an executive membership card which is 100 bucks plus tax. The benefit of sign up this more expensive one is no matter how much you spent over a year, costco will refund you at least 50 dollars (2% of your annual purchase up to $500). So this means, your cost is at regular membership and upside is if you spend more than 2400 a year(>200/month), you will get more money back.

    Last year, I signed up for executive and got 56 dollars back in Feburuary. I’m going to continue to do so this year even I thought I might spend less money this year.

  • Avatar Dk March 4, 2009, 12:26 pm


    I could be mistaken but I believe Costco’s policy is that if your refund would be less than 50 dollars (i.e. you spent less than $2500) you can opt to have Costco refund the $50 you spent on the executive and revert you back to regular membership. You’d have to spend $2500 every year just to break even on the upgrade, which would answer your question why doesn’t everybody do it.

  • Avatar Jane March 4, 2009, 12:40 pm

    I don’t agree that you have to spend 2500 to breakeven the upgrade. You got options. Even if I spend less money this year, I will opt to reguar membership to get my 50 dollars back. For the next year, I might still sign up for executive and get my 50 dollars back if I don’t spend that much. It doesn’t hurt right? The benefit kicks in when you might spend more in a particurlar year (and if you won’t get 2% back from elsewhere). The bottom line is you get 50 back no matter what.

  • Avatar NV May 12, 2009, 3:39 pm

    does any one has new code for Costco memebrship?

  • Avatar kasm May 22, 2009, 12:38 am

    Are these codes only for new memberships or can they be used to renew each year?

  • Avatar HOLMES June 17, 2009, 9:34 pm


  • Avatar evfan July 17, 2009, 12:49 am

    i was doing some random codes and came across a new code GSWEB41

    i just signed up and it worked has of 11:20pm july 16/2009 :)

    its for a $10 gift card with gold card membership

  • Avatar mary November 25, 2009, 9:08 pm

    GSWEB47 currently works for $10 off with gold star membership!

  • Avatar Sanjay H Patel November 26, 2009, 10:25 pm

    Can you send me a latest coupon code for Costco Membership (Canada)

    Last year’s help is greatly appreciated. I have shared to a lot of other people

    Sanjay H Patel

  • Avatar flights to pakistan February 1, 2010, 4:35 pm

    how do you get onto gold star membership? can any body help me please?

  • Avatar Fiana March 31, 2010, 3:05 am

    Hey! I just guessed and tried coupon code “GSWEB54”
    It worked. (^^ you can get $10 coupon.

  • Avatar Fonzie February 6, 2011, 11:02 am

    Try GSWEB56 and you can get the $10 coupon. I just tried it on February 6, 2011.

  • Avatar Mir November 1, 2011, 6:22 pm

    i got this from my work at Vengo perk

    Your special Costco membership offer will include 2 FREE General Admission Tickets at Cineplex or Empire theatres.

    This offer is for a new Costco membership only, may not be combined with any other promotions and expires December 31, 2011.

    Gold Star : GSWEB66
    Executive: EXEC42

  • Avatar Suzy February 8, 2012, 7:16 pm

    I used this promo code today and it worked. Thanks!

    Your special Costco membership offer will include 2 FREE General Admission Tickets at Cineplex or Empire theatres.

    This offer is for a new Costco membership only, may not be combined with any other promotions and expires December 31, 2011.

    Gold Star : GSWEB66
    Executive: EXEC42

  • Avatar J Done May 10, 2012, 4:27 pm

    Used the code above (GSWEB66) for Gold Star membership today May 10, 2012 and it worked. It indicated that I would get 2 movie passes for Cineplex included with my membership. Thanks!

  • Avatar Melanie July 24, 2012, 5:17 pm

    Used this code GSWEB66 today and it worked for 2 free movie tickets! Thanks!

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