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.


  1. Chris Spurvey on February 9, 2007 at 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

  2. FrugalTrader on February 9, 2007 at 9:01 am

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


  3. Ryan on March 6, 2007 at 11:47 pm

    Just got my $25 dollar gift card :)

    Thanks FT!

  4. FrugalTrader on March 7, 2007 at 7:27 am

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

  5. ewan on April 11, 2008 at 2:26 am

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

  6. bob & pat preston on May 11, 2008 at 12:55 pm

    Is this offer still available, if so, please process

  7. Lesley on May 20, 2008 at 1:09 am

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

  8. Ed Rempel on May 20, 2008 at 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…


  9. Audrey Prior on June 6, 2008 at 1:12 am

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

  10. rfd on June 10, 2008 at 7:37 pm

    new code as of June 2008 is GSWEB22

  11. Lin on July 12, 2008 at 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??

  12. Audrey Prior on July 17, 2008 at 1:01 am

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

  13. Fran Lennie on July 22, 2008 at 4:54 pm

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

  14. Eddy on August 5, 2008 at 12:31 am

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

  15. Jay Chow on August 6, 2008 at 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.

  16. FrugalTrader on August 9, 2008 at 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”.

  17. Jay Chow on August 12, 2008 at 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….

  18. Marilyn Thompson on August 12, 2008 at 4:54 pm

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

  19. […] price for anything, I found the latest online coupon code (GSWEB24) for a $25 gift card with a new Costco membership. The great thing about getting the membership online is that you can get the discount AND start […]

  20. Mikel on August 15, 2008 at 12:07 pm

    GSWEB24 worked for me today,.


  21. Stacey on September 10, 2008 at 2:56 pm

    GSWEB24 worked for me today thank you!

  22. Angie on September 11, 2008 at 12:30 am

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

  23. MultifolDream$ on September 11, 2008 at 1:18 am

    Thanks for the code MDJ!

  24. DK on November 16, 2008 at 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!

  25. Amanda on December 2, 2008 at 6:32 pm

    GSWEB30 gets you a $10 coupon

  26. Jane on March 4, 2009 at 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.

  27. Dk on March 4, 2009 at 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.

  28. Jane on March 4, 2009 at 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.

  29. User links about "costco" on iLinkShare on March 20, 2009 at 9:03 am

    […] saved by sIavicgirls 11 days ago2 votesBreakfast in France>> saved by dvc 18 days ago3 votesComment on Buy a Costco Membership and Receive a $25 GC. by Jay Chow>> saved by UsingTheInterweb 34 days ago5 votesThe Stix concept>> saved by pioka 54 days ago5 […]

  30. […] a discussion on Canadian Money Forum on the merits and downfalls of Costco membership.  The thread caught my interest as I am a big fan of the wholesale retailer.  There’s […]

  31. NV on May 12, 2009 at 3:39 pm

    does any one has new code for Costco memebrship?

  32. kasm on May 22, 2009 at 12:38 am

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

  33. HOLMES on June 17, 2009 at 9:34 pm


  34. evfan on July 17, 2009 at 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

  35. mary on November 25, 2009 at 9:08 pm

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

  36. Sanjay H Patel on November 26, 2009 at 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

  37. flights to pakistan on February 1, 2010 at 4:35 pm

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

  38. Fiana on March 31, 2010 at 3:05 am

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

  39. Fonzie on February 6, 2011 at 11:02 am

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

  40. Mir on November 1, 2011 at 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

  41. Suzy on February 8, 2012 at 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

  42. J Done on May 10, 2012 at 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!

  43. Melanie on July 24, 2012 at 5:17 pm

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

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