Groupon Offering a One-Year Costco Gold Star Membership with a $40 Costco Shop Card and $40 Off an Online Order of $250+ for $60

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Groupon is offering a one-year Costco Gold Star membership deal that provides a $40 Costco Shop Card and $40 off an online purchase of $250 or more for $60.

And, if you have a Chase credit card, be sure to check your Chase Offers for a Groupon offer that provides a 5% statement credit on Groupon purchases. There’s also a Costco Chase Offer on select accounts that provides a $10 statement credit for new Costco membership purchases.

It’s more likely the Groupon Offer would be triggered than the Costco Offer considering the purchase is not being made directly with Costco. Something to keep in mind if you have both Offers available to you.

Now to this Groupon/Costco deal.

Groupon / Costco Membership Deal

First, this deal is valid only for new members in the first year of their membership and those whose memberships (Primary and Household) expired prior to January 1, 2022.

With that out of the way, here are the rest of the specifics.

This membership deal provides:

• A One-Year Costco Gold Star Membership
  • A membership card for the Primary Cardholder and one additional Household Card for anyone living at the same address, over the age of 18
  • A $40 Digital Costco Shop Card
  • $40 off an order of $250 or more (before tax and shipping) on Costco.com
    • Restrictions apply
    • Expires August 14, 2022

And the fine print terms include:

• After purchasing this promotion, print or save the voucher on your smartphone and visit the membership counter at your local Costco. Learn more here.
• *To receive the incentives, you must agree to auto-renewal of your Costco membership on a Visa® credit or debit card at the time of sign-up. If you elect not to sign up for auto-renewal, incentives will not be issued.
• Incentives include a $40 Digital Costco Shop Card and $40 off an order of $250 or more (before tax and shipping) on Costco.com.
• Valid only for new members in the first year of their membership and those whose memberships (Primary and Household) expired prior to January 1, 2022.
• Not valid for the renewal of an existing Costco membership.
• Valid at all U.S. Costco locations. Find a location near you.
• Not eligible for Costco and Groupon promo codes or other discounts.
• Frequently Asked Questions
• The $40 Digital Costco Shop Card is not accepted at Gas Stations, Car Wash, Food Court Kiosk or Self-Checkout.
• Digital Costco Shop Cards are not redeemable for cash, except as required by law.

To receive the incentives, you must agree to auto-renewal of your Costco membership on a Visa® credit or debit card at the time of sign-up. If you elect not to sign up for auto-renewal, an incentive will not be issued.

*Signing up for auto-renewal is standard practice for most membership deals these days. And, for the most part, it’s easy enough to turn off auto-renewal once you’ve received the promotion’s benefits – in this case the $40 Costco Shop Card and the $40 off an online purchase of $250 or more. Just set up and log in to your Costco account online and look for the auto-renew section where you should be able to disable future auto-renewals. Just do so after you’ve taken advantage of the promo’s benefits!

The Digital Costco Shop Card can be used for in-store purchases, so you don’t have to purchase online to get the $40 benefit.

That savings alone effectively reduces your Costco membership price to $20.

And if you can benefit from the other $40 savings, you’re effectively making money on your Costco membership.

Add in savings you might get via a Chase Offer, and this is a pretty nice deal for a one-year Costco membership.

What do you think?