Ways to Save Money

7 Weird Discounts You Can Get With a Costco Membership

July 19, 2016
by Dana Sitar
Contributor

Are you really getting the most out of your Costco membership?

You may think you are if you’re saving money on groceries by buying everything you need in bulk — even your wine. You might even be saving money on health care by getting periodic screenings at the warehouse club.

But you might still be missing out.

Here are seven more little-known items your Costco membership can help you get for less — sometimes without even entering the store.

1. Your Casket

Costco membership

image from costco.com

The company doesn’t keep most of these items in stock at your local club, but Costco does have a funeral department.

On its website, the warehouse club sells caskets, urns and memorial keepsakes. And of course, you’ll get a discount.

For example, Costco sells this Lady of Guadalupe casket for $1,299.99 with free shipping. The same one would cost you $1,457 from Overstock.com and $1,584 from Walmart.

Some state restrictions apply, so double-check the details before including Costco in your funeral plans.

2. Your Gym Membership

Costco membership

monkeybusinessimages/Getty

In addition to groceries, gas and household goods, Costco can also help you save money on your gym membership!

The company offers a variety of spa and gym membership discounts with partner companies.

If you’re a new Costco member, you can purchase a two-year membership to 24-Hour Fitness for $399.99. That’s a gigantic discount — it costs $960.71 if you sign up through 24-Hour Fitness and pay monthly!

3. Your Fiance’s Engagement Ring

Costco membership

IPGGutenbergUKLtd/Getty

You might not be excited to tell people where the ring came from, but a diamond is a diamond, according to the experts.

“Good Morning America” put a Costco “Tiffany” engagement ring to the test against the real thing from Tiffany & Co., and the results were surprising.

Master gemologist and appraiser Martin Fuller appraised a $16,600 diamond engagement ring from Tiffany & Co. at $10,500 if it came from a no-name store. He suggested added services and the weight of the brand justified the higher cost from the famous jewelry store.

The Costco diamond with almost the same specs costs $6,600, and Fuller appraised the stone at $8,000.

So you can pay 58% over the stone’s value to enjoy the glamour of the Tiffany brand… or you can accept the stigma that might accompany a Costco diamond and save 18%.

Your call.

4. Your Next Vacation

Costco membership

Steve Mason/Getty

Like many others, your Costco membership comes with perks you might not even know about.

These include exclusive travel discounts and vacation packages that could save you a ton of money.

Book this four-night Disney Dream cruise for $889 per person — 55% less than the $1,606 minimum rate you’d get booking through Disney!

5. A New Car

Costco membership

Steve Debenport/Getty

Yes, Costco will help you save money on your next car. Participating dealers offer exclusive lower prices for Costco members

“And what’s more,” Costco’s site says, “stack your savings by adding any applicable manufacturer rebates and incentives to your already low, prearranged pricing.”

As a member, you’ll also save 15% on parts, service and accessories from participating service centers for vehicles in your household.

6. A Year of Emergency Food Storage

Costco membership

image from costco.com

For a mere $4,000, you and your family could be ready for the end of times.

The Thrive 4-Person 1-Year Food Storage comes with 31,500 total servings with a 25-year shelf life. You’ll get grains, fruits and veggies, dairy, protein — even baking essentials, for your post-apocalyptic birthday celebrations.

Sure, the upfront cost sounds pretty huge… but you can’t argue with feeding your family in an emergency for 13 cents per serving! #frugalprepper

7. Some Weirdly Expensive Stuff

Costco membership

image from costco.com

These might not be frugal choices, but they’re so strange we can’t help but mention them.

Through Costco, you can commission original artwork, like sports paintings from artist Dave Hobrecht. An original could run you as much as $3,500, but you can get a print for about $150.

Or what about this $2,000 bottle of Johnny Walker Blue, spotted by Costco Couple in a Redwood City Costco? You might not first turn to the warehouse store when you’re looking for limited edition liquor, but if you happen upon it…

And if you’ve received a windfall recently, you might also consider Costco’s $550 caviar, $100 lobster tails or $136-per-pound Japanese Wagyu Beef.

Your Turn: What’s the strangest thing you’ve ever bought at Costco?

Dana Sitar (@danasitar) is a staff writer at The Penny Hoarder. She’s written for Huffington Post, Entrepreneur.com, Writer’s Digest and more, attempting humor wherever it’s allowed (and sometimes where it’s not).

by Dana Sitar
Contributor for The Penny Hoarder

Share Your Thoughts

Top Articles