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Save Big on Gift Cards at Costco

Nov. 26, 2017
3 min read
Save Big on Gift Cards at Costco
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One of the mysteries of the universe that I have never truly understood was the intense devotion that some (many?) have to Costco and even the Costco co-branded credit card. I mean, I've been to Costco, I'm fine with Costco, but I've never been one of the oh-my-god-yes-pull-over-there's-a-Costco folks. However, right now we are shopping for a (shockingly expensive) new swing set/play area thing and many people recommended checking with Costco after we suffered from sticker shock at Rainbow, so we made a detour into our local Costco yesterday to see what they had to offer.

On the hunt for a new play structure

While I didn't really see any play structures deals to speak of at Costco, in between scarfing down samples of mixed berry smoothies, organic soup, and losing half of my family for quite a long time in the massive and busy store, I took a look around their gift card section and can at least understand why folks would love that part of the store.

It's no surprise that Costco has some third-party retailer gift cards available at a discount for Costco members, but this isn't just a little discount, in some cases there are major discounts on gift cards available both in-store and online. Let's start with the one that I purchased, two $75 Blue Apron gift cards that have a face value of $150.

We use Blue Apron for a box of delivered indgredients and recipes ready to cook into good meals at least once a month, and the cost normally just gets charged to my credit card they have on file, so historically I have indeed paid $150 for $150 worth of Blue Apron (outside of the first discounted order - I have a few free first delivery invites to send out if you want one). However, at Costco, we paid $89.99 for $150 worth of Blue Apron gift cards, which means we enjoy about a 40% savings on future Blue Apron meals!

That's the only gift card we added to our already quite expensive Costco cart yesterday, but there were others that caught my attention.

  • $100 in gift cards to Build-a-Bear for $69.99
  • $200 iTunes and App Stores gift card for $164.99
  • $150 in gift cards to iFly for $89.99
  • $100 in gift cards to Buca di Beppo for $69.99
  • $100 gift card to Mattel for $69.99

While we aren't regular visitors to iFly, we did take C for her 7th birthday last year, and it was a fun way to celebrate her special day.

From memory I think we spent close to $150 to have her and me take a few flights, so dropping that price to about $90 with discounted gift cards would have obviously a better deal and something to keep in mind if we go again in the future.

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Naturally, if you have the Costco co-branded Visa then you can also get 2% back by paying for these Costco purchases with that card. Does you family shop Costco for discounted gift cards?

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Cons

  • Doesn't make sense if you don't fly Delta
  • SkyMiles aren't the most valuable airline currency
  • Earn 90,000 bonus miles after you spend $4,000 in purchases on your new Card in your first 6 months.
  • Receive a Domestic Main Cabin round-trip companion certificate each year upon renewal of your Card. Payment of the government imposed taxes and fees of no more than $80 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
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  • Earn 3X Miles on Delta purchases and purchases made directly with hotels.
  • Earn 2X Miles at restaurants worldwide including takeout and delivery in the U.S., and at U.S. supermarkets.
  • Earn 1X Mile on all other eligible purchases.
  • Enjoy a per-visit rate of $50 per person for Card Members and up to two guests to enter the Delta Sky Club when traveling on a Delta flight.
  • Fee Credit for Global Entry or TSA PreCheck® after you apply through any Authorized Enrollment Provider. If approved for Global Entry, at no additional charge, you will receive access to TSA PreCheck.
  • Earn up to 20,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $25,000 in purchases on your Card in a calendar year, you can earn 10,000 MQMs up to two times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
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  • $250 Annual Fee.
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TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
3 / 5
Go to review

Rewards Rate

3XEarn 3X Miles on Delta purchases and purchases made directly with hotels.
2XEarn 2X Miles at restaurants worldwide, including takeout and delivery in the U.S. and at U.S. supermarkets.
1XEarn 1X Miles on all other eligible purchases.
  • Intro Offer
    Earn 90,000 bonus miles after you spend $4,000 in purchases on your new Card in your first 6 months.

    Earn 90,000 Bonus Miles
    50,000 Bonus Miles
  • Annual Fee

    $250
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    670-850
    Excellent/Good

Why We Chose It

Build your loyalty to Delta by applying for the carrier's mid-tier card option, the Delta SkyMiles Platinum card. The annual fee is quickly recouped by the card's travel perks, such as an application credit to Global Entry or TSA Precheck, annual companion certificate and so much more. Plus you can fast-track to elite status simply through card spend.

Pros

  • Earn bonus Medallion® Qualification Miles (MQMs) and an Medallion Qualifying Dollar (MQD) waiver when you hit specific spending thresholds with your card within a calendar year
  • Receive a Domestic Main Cabin round-trip companion certificate each year
  • Statement credit for TSA PreCheck/Global Entry fee (up to $100)
  • First checked bag free

Cons

  • Doesn't make sense if you don't fly Delta
  • SkyMiles aren't the most valuable airline currency
  • Earn 90,000 bonus miles after you spend $4,000 in purchases on your new Card in your first 6 months.
  • Receive a Domestic Main Cabin round-trip companion certificate each year upon renewal of your Card. Payment of the government imposed taxes and fees of no more than $80 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Enjoy your first checked bag free on Delta flights. Plus enjoy Main Cabin 1 Priority Boarding and settle into your seat sooner.
  • New: Card Members get 15% off when using miles to book Award Travel on Delta flights through delta.com and the Fly Delta app. Discount not applicable to partner-operated flights or to taxes and fees.
  • Earn 3X Miles on Delta purchases and purchases made directly with hotels.
  • Earn 2X Miles at restaurants worldwide including takeout and delivery in the U.S., and at U.S. supermarkets.
  • Earn 1X Mile on all other eligible purchases.
  • Enjoy a per-visit rate of $50 per person for Card Members and up to two guests to enter the Delta Sky Club when traveling on a Delta flight.
  • Fee Credit for Global Entry or TSA PreCheck® after you apply through any Authorized Enrollment Provider. If approved for Global Entry, at no additional charge, you will receive access to TSA PreCheck.
  • Earn up to 20,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $25,000 in purchases on your Card in a calendar year, you can earn 10,000 MQMs up to two times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • No Foreign Transaction Fees.
  • $250 Annual Fee.
  • Terms Apply.
  • See Rates & Fees