Get the Latest Costco Membership Deals for 2022


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Are you looking for some great Costco membership deals to become a member without paying the full price? A Costco membership can be worth the expense even without a discount, but saving money is always better. Here are the latest Costco membership promotions available right now.

Costco Wholesale Baltimore County
Photo Credit: Baltimore County Govt

Quick Summary

  • Deal: Receive a $10 Costco Shop Card for new Gold Star Members or a $20 Shop Card for new Executive Members
  • Availability: All U.S. and Puerto Rico Costco locations
  • Expiration: 8/31/2022
  • How: Purchase a Costco membership and agree to auto-renewal of your membership during sign-up. Take the Costco Membership Activation Certificate you will receive by email to the membership counter at your local Costco to receive a membership card for you and a second member of your household. You will receive your Shop Card by mail 4-6 weeks after activating your Costco membership.

The Costco Membership Deal

The regular price for a Costco Gold Star membership is currently $60 and the Executive membership is $120.

Costco has been raising the price of its membership every 5 years. With the last membership price increase occurring in 2017, many are anticipating Costco to increase the cost to be a member in 2022.

When you purchase a Gold Star membership through this Costco membership deal, you will receive a free $10 Costco Shop Card, or a $20 Costco Shop Card if you purchase an Executive membership. This is like getting a Costco Gold Star membership for $50 or the Executive membership for $100 while locking in the current Costco membership price.

The Costco Shop Card is a physical gift card that will be sent via mail within 4-6 weeks to the address provided at signup. It can be used toward a membership or for purchases at any Costco location, including Costco gas stations and food courts

To receive the promotion items in this Costco membership deal, you must agree to auto-renewal of your Costco membership on a Visa credit card, or a debit card during sign-up. Should the auto-renewal be canceled before the promo items are delivered, the items will not be issued.

Costco Membership Promotion Terms

To be eligible for this offer, you must accept the following terms and conditions:

  • Valid for new members only or members whose membership expired at least 18 months prior
  • Not valid for renewal of an existing Costco membership
  • Limit one per person or household, and one purchased as a gift
  • To receive promotional items, you must join Costco by 8/31/2022
  • Your Costco membership will be valid for 1 year, starting on the date membership is activated in-store
  • Must agree to auto-renewal of Costco membership at the time of sign-up to qualify for the deal

Other Costco Membership Promotions

Besides the Costco membership deals listed above, Costco is also running the following promotions if you fall in the following categories:

  • College Student Discount – College students who are 18 years or older can receive a $20 Shop Card when signing up for a Gold Star membership
  • First Responder Discount – Verify as a first responder and receive a $20 Costco Shop Card when you enroll as a new member and auto-renewal
  • Government Employee Discount – Receive a $20 Shop Card when you join and verify your government status through ID.me
  • Medical Professional Discount – Get a $20 Costco Shop Card when you enroll in auto-renewal and are a nurse, medical provider, or hospital employee
  • Military Discount – Get a $20 Shop Card if you are active duty, veteran, or retired military member as well as their spouse or dependent.
  • Teacher Discount – Teachers can sign up for Costco and get a $20 Shop Card after verifying their status as an educator

Costco Membership Options and Pricing

Costco offers several membership options. For most people and the occasional shopper, the Gold Star Membership is adequate.

Here is how the different membership options compare:

Gold Star Membership

  • Includes free household card
  • Access to all Costco locations worldwide and online
  • $60 annual membership fee

Executive Membership

  • Includes free household card
  • Access to all Costco locations worldwide and online
  • Earn an extra 2% reward up to $1,000 on qualified Costco purchases
  • 2% reward is included for Costco Travel purchases
  • Get additional discounts for Costco Services
  • $120 annual membership fee

Costco also offers a business version of the Gold Star and Executive memberships. Business cardholders get the same membership perks for the same membership price with the addition of being able to purchase products for resale in their business. Business membership holders also can add additional affiliate cardholders for $60 each.

Costco Membership Benefits

As a Costco member, you get exclusive member-only prices on thousands of products and services available at both their warehouses and online. Costco has more than 800 locations worldwide with almost 600 locations in the U.S. alone.

Besides having a 100% satisfaction guarantee for memberships and everything they sell, here are some other benefits of being a Costco member:

Low Gas Prices

Costco gas stations usually have the lowest gas prices in the surrounding area. Costco gas is even Top Tier Gas certified. Even with the low prices and many people filling up, getting gas is quick and efficient with one-way traffic flow and many available pumps.

The savings from getting gas at Costco can often pay for the membership fee itself.

You can also save 4% more on gas by paying for gas with the Costco Anywhere Visa from Citi.

Affordable Health Services

Many Costco locations have a hearing aid and optical department. Get member pricing on eye exams, glasses, contacts, and hearing aids.

You can even get a free hearing test at the Costco Hearing Aid Center. Members who purchase a hearing aid from Costco also get free follow-up appointments, free hearing aid cleanings, and loss or damage coverage.

A Consumer Reports study found Costco’s pharmacies had some of the lowest prices around for generics at a retail pharmacy.

Discount Auto Services

Every month Costco has tire deals in their member coupon book for saving $100 to $150 on a set of four name-brand tires. Tires purchased from Costco get lifetime rotation, balancing, and flat repairs for the life of the tire.

All members get free air checks and nitrogen tire inflation at the warehouses.

Through the Costco Auto Program, Costco makes car shopping easy by offering members prearranged pricing at thousands of dealers nationwide with no negotiation needed.

When it comes time to get your car serviced, Costco members can get 15% off parts and service at participating service centers.

Gift Card Deals

Another way Costco members can save money is by purchasing gift cards for restaurants, movie tickets, retail stores, airlines, amusement parks, and other entertainment options at a discount of up to 30% off the face value.

For example, the Costco price for a four-pack of $15 gift cards to Krispy Kreme is $44.99. That is like getting one gift card or a box of a dozen donuts for free.

Travel Deals

Book exclusive vacation packages, cruises, hotels, flights, car rentals, and more on the Costco website at prices available for members only.

Cheap Eats

Perhaps the family is hungry after shopping at Costco and you don’t want to cook. You can feed the entire gang without breaking the bank. Costco’s Food Court is famous for selling its hot dog and soda combo for $1.50 since 1984. Besides hot dogs, you can find pizza, churros, chicken bakes, Caesar salads, turkey or beef brisket sandwiches, smoothies, and more at bargain prices.

What else hasn’t changed with inflation are Costco’s rotisserie chickens. You can get a juicy 3 lb. fully-cooked chicken that is ready to serve for $4.99.

Kirkland Signature Private Label

Shoppers looking for the best prices while also expecting quality can find Costco’s Kirkland Signature private label products all over the warehouse. You can find everything from over-the-counter medications, motor oil, batteries, detergents, coffee, and dog food, to vodka under the Kirkland Signature brand.

Costco doesn’t always reveal the big name brands that manufacture the products for them but know that you often get the same or better quality of the name brand at a fraction of the cost.

Costco Anywhere Visa Card

This credit card from Citi for Costco members is one of the top rewards cards available right now. You get 4% cash back rewards on gas for the first $7,000 per year and then 1% thereafter. You also get 3% cash back for spending at restaurants and travel, 2% for purchases at Costco and Costco.com, and 1% on all other purchases.

This credit card is also one of the few credit cards that still offer an extended warranty of 24 months on all purchases on top of the manufacturer’s warranty.

Is a Costco Membership Worth It?

To determine whether a Costco membership is worth the membership fee, you will have to look at your situation.

Do you live close enough to a Costco to take advantage of the member prices? Is the membership cost within your budget? How many times will you go to Costco in a month? Will you be able to use any of the items you buy in bulk before they expire?

The Gold Star membership is $60 a year or $5 a month before any promotional discounts. If you can save $5 or more a month at Costco, you will cover the cost of your membership.

With the Executive membership, you will have to spend approximately $500 a month or $6,000 a year at Costco to break even with the annual 2% reward. Once your annual spending exceeds $6,000, you will more than cover the $120 membership fee for the Executive card.

Closing $ense

It seems silly to pay to join a special warehouse membership club just to get the privilege to shop at a store.

Yet Costco has racked up over 116 million cardholders according to their company profile. The number of people joining Costco has been increasing year after year. Costco members won’t renew their membership if they don’t feel they are getting their money’s worth so Costco has to be doing something right.

If you don’t live near a Costco, it doesn’t mean you have to miss out on saving money from joining a warehouse club. Check out the latest membership deals for Sam’s Club and BJ’s Wholesale Club if they have a location near you.

Do you have a Costco membership? Is joining a warehouse club worth the money? Which warehouse club do you prefer? Costco, Sam’s Club, or BJ’s?

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