4 Reasons You Should Buy Discount Gift Cards at Costco

You can buy groceries and household items at a discount at Costco. But other purchases can save you money, too. Did you know you can save money when you buy gift cards for your favorite brands? Costco sells physical and digital gift cards at cheaper prices. Let me explain why we recommend buying discount gift cards from Costco.

1. You’ll spend less money on gift cards

Purchasing gift cards from Costco can help you keep more money in your checking account. Costco sells discount gift cards from well-known retailers, including restaurants and entertainment brands. Examples include Domino’s, Dave and Buster’s, and Cinemark theaters.

But you won’t pay the standard retail price. A $50 gift card won’t cost you $50. While not every gift card purchased at Costco will offer massive savings, every dollar you save makes a difference. Discounts vary, so check to see what current gift card deals are available.

Here are two examples of discounted gift cards you can buy right now:

You can get a $50 Nintendo eShop Digital Gift Card for $44.99. Another deal available to Costco members is a $39.99 Cinemark Theaters e-gift card. Saving $5 to $10 on these gift card purchases won’t make you rich, but it’s a win for your wallet.

Want to maximize your savings? Pay for your gift card purchases using a cash-back credit card. Check out our list of the best cash back credit cards to discover how easy it is to earn cash back rewards when you make these purchases.

2. It’s an included membership benefit

You pay money to be a Costco member. Depending on your membership, this is an annual cost of between $65 and $130. It is in your best interest to use member benefits to maximize the value of your investment. Buying gift cards at a discounted price is one of the many benefits of membership. If you want to get more out of your membership, this is a smart way to do it.

3. You’ll be prepared with last-minute gifts on hand

Have you ever found out about a birthday or holiday at the last minute only to realize you don’t have time to stop by the store to buy a gift? We’ve all been there and it’s not fun. But the good news is that you can prepare so that this never happens again.

Buying discount gift cards at Costco is a great way to be prepared for last minute gift giving situations. You can buy gift cards at a more affordable price and keep a few extra around the house for those scenarios where you need a gift that everyone would love. Many people enjoy receiving gift cards as gifts because they have some control over how they spend them.

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4. You can save money on regular purchases

Gift cards are not just a gift item. You can purchase discount gift cards from Costco and use them to pay for everyday purchases. If a gift card is available to one or more of the retailers, you can save money without much effort thanks to such offers.

Use Costco membership benefits to buy cheaper gift cards

If you are a Costco member, check to see if the gift card you plan to purchase is sold at your local club or Costco.com. This will help you save money and get more value from your membership.

Warehouse clubs sometimes offer a unique selection of gift cards compared to the Costco website. For example, you can often find gift cards available to local chains, also at a discount.

Want to save even more money? Look out for gift card deals this holiday season. Costco often discounts some gift cards more leading up to major holidays. You can get a bigger discount by buying them during the holiday sales season.

Get rewarded when you shop

Now you can see why you might want to add gift cards to your cart the next time you’re at Costco. Here’s one last shopping tip: Take advantage of your chance to win rewards. Whether you shop at Costco or other retailers, paying with a rewards credit card is wise.

You can earn cash back when you swipe a credit card for cash back at checkout. Are you a big Costco fan? Explore the best credit cards for Costco to discover how to maximize your savings by earning rewards when you shop at Costco or Costco.com.

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We firmly believe in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved or endorsed by the advertisers included. Ascent does not cover all offers on the market. Editorial content in The Ascent is separate from The Motley Fool editorial content and is created by a different team of analysts. Natasha Gabrielle has no position in any of the shares mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy.

4 Reasons You Should Buy Discount Gift Cards at Costco was originally published by The Motley Fool