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20 Ways To Pay Less at Costco

·8 min read
gorodenkoff / Getty Images/iStockphoto
gorodenkoff / Getty Images/iStockphoto

Shopping at Costco can be a great way to save money, but you might not be maximizing your savings. Imagine how much extra cash could be in your wallet if you optimized your buying strategy. With a little extra effort, you can fine-tune the way you shop at the bulk retailer and find unique Costco deals.

Read: 50 Ways You’re Throwing Money Away
Check Out: 9 Successful Money-Making 'Schemes' (That Are Actually Legal)

Click through to learn 20 ways to pay less at Costco.

Last updated: Sept. 3, 2021

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GOBankingRates

1. Split Bulk Items With a Friend

If you're single or live in a small space, it's probably hard to justify purchasing and storing a package of 30 rolls of toilet paper -- even if it is only $19.99. However, that item can be seriously expensive at regular market or big-box stores.

You can save money at Costco with a friend by splitting up bulk packages of essentials and even non-essentials, like snacks. If you split a $16.99, 42-pack of Chex Mix with three friends, for example, you'll only pay $5.66.

Read: Shopping Mistakes You’re Making and How To Stop

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2. Know the Secret Costco Price Codes

Costco's pricing codes indicate whether an item is specially priced, discounted or will not be restocked. Here is a general breakdown of the codes, according to ToughNickel:

  • Prices that end in $0.97 have been marked down from their original rates, which usually end in $0.99.

  • Other odd pricing, like $0.49, $0.79 or $0.89, typically means the product is regular-priced merchandise.

  • An asterisk (*) in the upper-right corner of the pricing sign means the item won’t be restocked. So, if it's a favorite, you should stock up.

  • Prices ending in $0.88 or $0.00 typically indicate a manager markdown on returned merchandise still in good condition.

Read: 15 Times You Should Splurge, Settle or Skip When Shopping

m01229 / Flickr.com
m01229 / Flickr.com

3. Look For Costco Coupons

You can find a number of Costco coupons and discounts for various items in Costco's coupon book. You no longer need the coupon present when purchasing items from the coupon book.

See: 11 Things You Should Never Buy New

Monkey Business Images / Shutterstock.com
Monkey Business Images / Shutterstock.com

4. Search Third-Party Deal Sites

It also doesn't hurt to search the best online coupon sites before heading out to your nearest Costco. Scour sites like Coupons.com, Slickdeals and RetailMeNot for online Costco coupons, printable coupons, coupon codes, the latest deals and other savings opportunities.

Shopping: 50 Purchases Buyers Almost Always Regret

rez-art / istockphoto.com
rez-art / istockphoto.com

5. Shop Summer Closeouts

Like many retailers, Costco tends to mark down large summer items like patio furniture and pool toys before the season is over because stores need to free up room for the next season's merchandise. You might get great deals on merchandise like barbecues, beach chairs and camping equipment that can be used right away. End-of-season deals can also be found year-round, however, including after Christmas.

Find Out: 24 Ways To Make Money Off Your Shopping

gpointstudio / istockphoto.com
gpointstudio / istockphoto.com

6. Make a List — and Stick to It

This isn't really top-secret information, but running into Costco for "just a few things” can easily turn into a multi-cart shopping extravaganza. Save money at Costco by practicing a little discipline and doing your research.

"I routinely save $100 or more each visit when I shop at Costco," said Thomas Miller of Keller Williams Capital Properties. "I attribute my ability to do this because I am very selective on what I purchase, making sure to only purchase the items that I know offer the most savings." Make a list to keep your spending under control and on track.

Keep Reading: 17 Biggest Budgeting Mistakes You’re Making

mandritoiu / Shutterstock.com
mandritoiu / Shutterstock.com

7. Put on Your Blinders

When you walk into Costco, you usually see a path lined with shiny new things looking to find a forever home with you. If you really want to save at Costco, put your head down and stick to your list.

Check Out: 30 Things You Should Never Buy Without a Coupon

Chase Brock / GOBankingRates
Chase Brock / GOBankingRates

8. Start at the Back

Here's an interesting tip to save money at Costco: the best bargains at Costco might actually be located at the back of the store, according to Lifehacker. Start your shopping trip by hitting the back of the warehouse and the ends of aisles. Then, work your way up to the front.

Check Out: 19 Effective Ways To Tackle Your Budget

gpointstudio / istockphoto.com
gpointstudio / istockphoto.com

9. Shop Costco Online

Going to Costco doesn't top everyone's list of favorite things to do. Skip the crowds and avoid the hassle by shopping the Costco website -- you can even find online-only Costco deals that aren’t offered in the stores. The big-box retailer also now delivers right to your front door.

Find Out: 50 Easy Things You Should Do To Save Money

Dean Mitchell / Getty Images
Dean Mitchell / Getty Images

10. Use the Costco App

The Costco app highlights current deals and offers, so checking it before heading to your Costco location can help you pre-plan and have a smoother trip, while still hitting the best deals. Plus, if you despise clipping coupons, you can use the app. Just show the cashier the Costco app on your smartphone to redeem offers and save money.

See: 50 Terrible Ways To Try and Save Money

gilaxia / Getty Images/iStockphoto
gilaxia / Getty Images/iStockphoto

11. Buy Meat in Bulk

One of the best ways to save money on groceries when shopping at Costco is to buy meat in bulk. You can portion it out and freeze it for later use. So, the next time you shop at the retailer, you'll save money on food.

Tips: Things To Cut Out Right Now To Save Money During the Health Crisis

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GOBankingRates

12. Get the Costco Credit Card

If you’re going to use a credit card to pay for your Costco purchases, it has to be a Visa, so save money by getting the Costco Anywhere Visa Card by Citi. You’ll get 2% cash back on all purchases from Costco and Costco.com, in addition to other perks for using the card beyond the discount retailer.

Read: 101 Easy Ways To Save Money Daily

Kevork Djansezian / Getty Images
Kevork Djansezian / Getty Images

13. Use Your Costco Credit Card at the Pump

Use your Costco credit card at the Costco pump and eligible stations worldwide to get 4 percent cashback. This offer is good for up to $7,000 of gas per year, with 1% cash back thereafter.

Helpful: How To Save Money During COVID-19

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14. Don’t Shop Alone

If you need a little help staying within your budget when shopping at Costco, bring a friend along on your next trip. Tell your friend you're trying to save $100, and ask him or her to encourage you to buy only what you need. If your friend also happens to overspend regularly at Costco, make it a game. Whoever saves the most money has to buy lunch at the store's food court.

Shopping Tips: The Worst Things To Buy at Walmart and Target

Tim Boyle / Getty Images
Tim Boyle / Getty Images

15. Fill Up on Samples

Shopping hungry at Costco might make you want to buy every delicious thing in sight -- even if it means going over your grocery budget. To prevent hunger from influencing your shopping decisions, take advantage of Costco's plentiful samples. That way, you're letting your brain do the shopping instead of your stomach.

Just don't let a yummy sample encourage you to buy the food item in bulk.

Find Out: 16 Effective Ways To Trick Yourself Into Saving Money

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16. Choose the Right Membership

Costco offers two types of memberships for individuals and families -- the Gold Star Membership ($60) and the Executive Membership ($120). If you’re a frequent Costco shopper, spending the extra $60 to upgrade to the Executive Membership could be worth your while.

The upgraded card comes with an annual 2 percent reward on qualified Costco, Costco.com and Costco Travel purchases up to $1,000. If you book travel through Costco, you can also score extra perks. Plus, you’ll get extra benefits and deeper discounts on Costco Services, including mortgage purchases and refinances, insurance and family dental plans.

If you currently have the Executive Membership but don’t use Costco Travel or Costco Services, save money by downgrading to a Gold Star Membership.

Read: 25 Ways To Save 20% More of Your Paycheck Without Even Trying

Tyler Olson / Shutterstock.com
Tyler Olson / Shutterstock.com

17. Skip the Membership

If you don’t shop at Costco enough for the $60 Gold Star Membership to pay for itself, ask a family member or friend with a membership to buy you a Costco Cash Card. You can get them in denominations from $25 to $1,000, and if you want to make a repeat visit, the member can reload it for you. There’s no extra fee to shop in-store with a Costco Cash Card as a non-member, but do note that you’ll incur a 5% surcharge for Costco.com purchases.

Save Money: 25 Things You Should Never Do With Your Money

Tim Boyle / Getty Images
Tim Boyle / Getty Images

18. Purchase Wisely

Costco offers many incredible values — but not all deals are created equal. Check the price per unit — or ounce — to make sure your bulk purchase is actually saving you money. You’ll likely find that some items are cheaper when purchased in standard quantities at your local Target or supermarket.

See: Cutting Out These 25 Expenses Will Save You $16,142.08 a Year

Astarot / istockphoto.com
Astarot / istockphoto.com

19. Watch for Price Changes

Costco has a 30-day price protection policy for online sales, so after making a purchase, check back during that timeframe to make sure the price hasn’t dropped. If the price is lower, contact customer service, provide the necessary information, and you’ll receive a credit for the difference in three to five business days.

The Ultimate Financial Planning Guide: Do It Like the Pros in 6 Steps

PhotoInc / istockphoto.com
PhotoInc / istockphoto.com

20. Take Advantage of Rebates

Some products in both Costco warehouses and online come with manufacturer rebates, allowing you to save even more money. To get your check, you’ll need to submit your documents within 30 days. Costco members can complete the rebate process online, but non-members must do so by mail.

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Laura Woods contributed additional reporting.

This article originally appeared on GOBankingRates.com: 20 Ways To Pay Less at Costco