Costco Gift Cards: How to Make Money by Buying Them!

I LOVE COSTCO!

We all know by now that I love Costco! One of the many reasons is the Costco gift card section! They have a huge selection of gift cards ranging from restaurants to theme parks to ski passes to gym memberships!

STRAIGHT MAKIN’ MONEY!!

We all know that every market, convenience or drug store carries gift cards. So whats the big deal?? Well the greatest part of the Costco gift cards is that they give you a significant discount! You save just by purchasing the gift card!

For Example (deals will vary by state):

Gym Memberships: $369.99 for a two year membership at 24hr Fitness. That comes out to about $15 month. When I first bought my membership there I was paying $37 month to go to one location. This deal gives you 60% off per month. Score!

Movie Tickets: 10 pack for $90. That means each ticket is $9. If you were to buy the same ticket at the theater it would run you $16! Thats almost 50% off!! Straight makin money!!

Restaurants: Pay $79.99 and get TWO $50 gift cards. If you are slow at math, that’s $20 for FREE. These are great for gifts. Give someone $50 gift card that you only paid $40 for? Winning!

COHN RESTAURANT GROUP

This last one is my favorite because I LOVE the Cohn Restaurant Group. I used to buy these gift cards as presents and then I realized I should be buying them regularly to use when we go out to eat! I was essentially wasting $20 every time I dined out. About once a year Cohn group replaces the $79.99 deal with a $749.99 deal. You pay $749.99 for TWO $500 gift cards. Thats $250 for FREE. Yes, you have to put out the money up front BUT they never expire so you have years to keep dining out. There are so many Cohn restaurants to choose from! Bo Beau is my all time favorite!!

COSTCO CASH CARD

Another hidden gem at Costco is the Costco Cash Card. Did you know that you don’t need a Costco Membership to use the Costco cash card?? That’s right. You can shop at Costco without paying the $60 annual membership fee. One caveat is that you DO need a member to buy you the cash card. You can also shop at Costco.com without a membership! There are some member only specials but for the most part you can shop shop shop at Costco online! The deals are phenomenal (hello new T.V.!)

So next time you want to go skiing, to dinner and the movies, head by Costco first and pick up a gift card. Who doesn’t want FREE MONEY?? I know I DO!!