This Is Why You Should Buy Gift Cards from Costco

Updated: Nov. 09, 2023

Are we surprised Costco is helping us save even more?

When it comes to shopping at Costco, members and non-members alike know that the warehouse is a bargain haven. If you buy the right things, every trip involves saving tons of money. With so many great Costco deals from aisle to aisle, can we really be surprised?

It turns out, Costco has another go-to way to help its members save big. This member benefit you might not know about has to do with the chain’s gift cards. Not gift cards for Costco but gift cards that Costco sells at a discount.

From airline gift cards to restaurants and movie theaters, discounted gift cards can help shoppers save hundreds of dollars. If you’re looking to save before the holidays, here’s where you can expect to see discounts.

What discounts do Costco gift cards offer?

As finance educator and content creator Ravi Wadan points out on TikTok, “ actually sells gift cards to some of your favorite places at a discount.”

@raviwadan Start buying gift cards at @Costco Wholesale to save money! #moneysavingtips #costcogiftcards #giftcarddeals #costcotiktok #costcofinds #giftcards ♬ original sound – Ravi Wadan (Finance Education)

On Costco’s website, these are some of the gift card deals it currently offers:

  • $449.99 for a $500 Southwest Airlines E-Gift Card
  • $79.99 for $100 of Domino’s (4 $25 E-Gift Cards)
  • $39.99 for a $50 Cinemark Theatres E-Gift Card
  • $79.99 for $100 of Papa John’s (4 $25 E-Gift Cards)
  • $79.99 for $100 of California Pizza Kitchen (2 $50 E-Gift Cards)
  • $44.99 for $60 of Krispy Kreme (4 $15 E-Gift Cards)
  • $79.99 for $100 of IHOP (4 $25 E-Gift Cards)
  • $47.99 for $60 of Cold Stone Creamery (4 $15 E-Gift Cards)
  • $79.99 for $100 of Red Lobster (4 $25 E-Gift Cards)

Depending on how many gift cards a shopper buys, you can save anywhere from $10 to a few hundred dollars. A total steal. And as Wadan says, it’s an easy way to take full advantage of a Costco membership.

Are Costco gift cards sold in-store?

Yes, select discounted gift cards are sold in-store. Keep in mind that the discounted gift cards may vary by Costco location. If you want the full selection, the website is the way to go.

As one user comments, Costco isn’t the only chain that does this. “Sam’s Club does this too,” the user writes, “it’s perfect for Christmas time.” Another user comments that “this is a great way to save money especially if you go to [these] place[s] often.”

Whether you’re looking for ways to save on gift ideas for the holidays or simply save on day-to-day purchases, these Costco discounts are a sweet deal. Happy shopping!