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Costco members: Save 10% on Southwest gift cards for a limited time

June 19, 2022
2 min read
Southwest plane BOS
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If you're a Costco member and are planning a trip on Southwest Airlines in the near future, here's something to consider. Costco is selling Southwest gift cards at a 10% discount right now.

That means the $500 gift card comes with a $50 discount. It's a good way to earn points on the purchase using the right credit card and buy Southwest flights at a discount and earn RapidRewards points when you book your flight.

The gift cards are officially on sale for $449.99 a 10% savings. You can buy more of them than during previous sales, which included a maximum of three gift cards per customer. You can now buy up to five, in which case you'd pay close to $2,250 for $2,500 worth of airfare.

costco southwest gift card
(Screenshot courtesy of Costco)

While that would be a hefty price to pay on the front end, it's worth noting the gift cards do not expire. This could be a great way for a family of five to book $300 round-trip tickets to save $150 on airfare.

How to pay for your gift cards

While you must use a Visa when buying merchandise in a Costco store, you can use several types of cards when checking out at Costco.com. You can use a Visa, Mastercard, Discover, Diners Club, JBC or UnionPay.

credit cards accepted at Costco.com
Screenshot courtesy of Costco.com

Buy ASAP

This isn't the first time Costco has offered discounted airline gift cards. In past sales, Costco has allowed members to purchase Delta gift cards in-store or online and had sales that involved both Southwest and Alaska Airlines gift cards previously. This time it's just Southwest, which will send you a redemption code within an n hour or purchase via e-mail.

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Bottom line

Whether you're buying these gift cards to save on a trip in the works or you're just looking to save on future Southwest bookings, this is a way to get airfare at a 10% discount compared to what you'd normally spend with a direct purchase from the carrier.

Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

TPG featured card

4 / 5
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Rewards rate
1XChoose to earn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
26.74 - 34.74% variable
Recommended credit
Open Credit score description
Good Credit, Excellent Credit

Pros

  • Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
  • Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
  • $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
  • $200 Bilt Cash annually
  • Priority Pass membership
  • No foreign transaction fees

Cons

  • Moderate annual fee
  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
  • Priority Pass ($469/year value). See Guide to Benefits.
  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.