Gas prices are soaring—here’s how save on gas with a Costco membership (2024)

Gas prices are soaring—here’s how save on gas with a Costco membership (1)

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Whether you’re meal prepping for the week ahead, buying toiletries in bulk or looking for a great deal on a TV, there are plenty of reasons to shop at Costco—and right now, there's an even more compelling one: Cheap gas. The membership-only big box retailer has long been coveted for its massive inventory of groceries, home goods, clothing, personal care itemsand more. It basically has anything else you could ever need to survive a zombie apocalypse—or at least keep a well-stocked pantry, fridge and linen closet). It's also consistently one of the cheapest places to buy gas around, so if you're feeling the pinch at the pump as prices soar, you'll want to check this out.

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Boasting more than 113 million members over 62 million households, Costco operates 828 stores—or warehouses, as they're called—across 14 countries including the U.S., Canada, Japan, Spain, Iceland and France. Unlike a standard grocery or department store, you need a membership to shop there (and even just to get through the front door!). Costco keeps a highly curated 4,000 SKUs in inventory, which it's able to sell at wholesale prices.

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If you're interested in shopping at Costco, here’s how a Costco membership works, including how much it costs and whether or not it's worth it for you and your family.

How much is a Costco membership?

Gas prices are soaring—here’s how save on gas with a Costco membership (2)

There are two types of Costco membership: the Gold Star membership and the Executive membership. The Gold Star membershipcosts $60 per year andincludes two cards—one for you and one for someone else in your household—thatgrant you access to all locations worldwide along with Costco online.

The Executive membership costs $120 and similarly includes two cards and access to all locations around the world and online. However, you also get an additional 2% savings on all qualifying purchases (with a maximum total of $1,000 in savings per year), along with savings on vacations booked through Costco Travel.

What can you buy at Costco?

Gas prices are soaring—here’s how save on gas with a Costco membership (3)

The better question is what can’tyou buy at Costco? The retailer offers a wide variety of products. In the grocery section, you'll find produce, fresh bakery goods,shelf-stable pantry items—like granola bars, snacks, spices and coffee—and frozen foods. The rest of the store is a haven ofapparel, name-brand electronics, furniture, cleaning supplies, beauty items, office supplies, plants, sporting goods, fitness equipment, pharmacy staples, bedding and a whole lot more (even caskets).

Keep in mind that the in-store and online shopping experience at Costco may drastically differ—the inventory is usually far greater online than it is in store, but it’ll be cheaper to shop in store thanks to shipping fees.

What are the main benefits of Costco?

Depending on where you live, there are a few key perks to a Costco membership.

Costco gasoline

With gas prices skyrocketing, the draw of Costco gasoline might be a big sell for getting a membership. At the self-serve gas stations—which are located next to the Costco warehouses—you can fuel up with Kirkland Signature gas and diesel for lower prices than you'd pay at other pumps.

Same-day delivery

In most metropolitan areas, you can take advantage of same-day delivery powered by Instacart for purchases of $35 or more.

Concierge services

If you purchase electronics—like a TV, camera, printer or laptop—at Costco, you can take advantage of free concierge services to help set up and operate your new buy.

Free samples

Free samples have long been the cherry on top of shopping at Costco. The in-store shopping experience also includes demos of electronics. Plus, while not free, you cangrab super cheap hot dogs, pizza and other goodies from the Costco food court.

Haul Away

Instead of having to move and discard bulk items like appliances and mattresses yourself, use Costco’s Haul Awayservice, which is available in select locations. Upon delivering your new item, the delivery team will remove your bulk item and recycle it.

Credit card savings

The Costco Anywhere Visa Card by Citi, which doubles as a membership ID, offers 4%back on eligible gas purchases, 3% back on eligible restaurant and travel purchases and2% back on all in-store and online purchases.

Is a Costco membership worth it?

Gas prices are soaring—here’s how save on gas with a Costco membership (4)

The brand claims that the $60 fee for the Gold Star membership ends up paying for itselfif you shop at Costco frequently. Of course, this all depends on how much you buy and how often. If you're someone who likes to buy in bulk or who is shopping for a household, a Costco membership is a no-brainer. It's a great way to stock up on things you need—like a 12-pack of deodorant, 30 rolls of toilet paper and a 288-pound tub of macaroni and cheese—and spend a lot less than you would at a traditional grocery store or similar retailer like Target.

Sign up for a Costco membership starting at $60/year.

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Prices were accurate at the time this article was published but may change over time.

Gas prices are soaring—here’s how save on gas with a Costco membership (2024)

FAQs

Do you save on gas with Costco membership? ›

I've got a Costco membership, and one of the perks is discounted gas, which can be much cheaper than the national average. If you take advantage of the discount, here's how much you stand to save annually.

How much does Costco save you on gas? ›

It's a well-accepted fact that Costco gas is cheaper than the fuel at most other places. While the exact amount of savings you'll get depends on factors like where you live and which club you visit, you can reasonably expect to save around $0.15 to $0.20 per gallon.

What is the benefit of getting gas at Costco? ›

Buying gas at Costco can save you money -- typical savings are around $0.20 per gallon. It makes stopping at the warehouse club more convenient -- you can buy groceries and fuel up your car. The higher quality of Costco gas could help your vehicle run more smoothly.

How do I pump gas with my Costco membership card? ›

  1. Pull up to a pump and make sure your vehicle is parked in a position where you can easily access the gas tank.
  2. Turn off your engine.
  3. Insert your membership card or scan your digital ID on the Costco app.
  4. Insert or tap your payment card.
  5. Select the grade of fuel you want pumped into your car.
Apr 21, 2024

Is it worth getting a Costco membership for gas? ›

Costco gas is only available to members and is usually the lowest price around. AAA says the average price of gas in Sacramento is $5.39 a gallon and GasBuddy reports Costco locations in Sacramento are selling gas for as low as $4.89 a gallon — that's 50 cents cheaper!

Do you get 2 cash back on Costco gas with an executive membership? ›

Gas purchases, for example, do not earn you cash back as an Executive member. Neither do cigarette purchases or alcoholic beverage purchases in certain states. Additionally, Costco Shop Cards (Costco's version of a gift card) won't be eligible for cash back, and neither will postage stamps.

Do Costco members pay less for gas? ›

To reach that total, they divided the cost of the membership by the 20 cents per gallon they estimate a driver will save by filling their tank at Costco. The resulting figure, in the case of the $60 Gold Star membership, is 300, or the number of gallons of gas you'd need to purchase to achieve $60 in savings.

What is the gas rebate on the Costco card? ›

Costco Anywhere Visa Card by Citi Cash Back Rewards

Earn cash back rewards on purchases wherever Visa® is accepted. You'll get 4% back on eligible gasoline purchases for the first $7,000 per year and then 1% thereafter. You'll also earn 3% on restaurants and eligible travel purchases, including Costco Travel.

Why does everyone go to Costco for gas? ›

Quality gas is important, yes, but so is price. Costco Gas Stations offer consistently low, member-exclusive prices. With the Costco app, you can check Costco gas prices on your phone. On the app, find your local warehouse to see hours of operation, gas prices and more warehouse details.

Can my friend use my Costco card to get gas? ›

Costco Shop Cards may only be purchased or recharged by members, but with assistance from an attendant to first authorize the pump, anyone can use a Costco Shop Card to pay for fuel.

Is Costco fuel good quality? ›

Costco fuel stations are well-maintained by our capable attendants so you may be confident that the fuel going into your car is clean. Costco uses fuel filters in the petrol pumps to catch particles or debris larger than 10 microns in diameter. For comparison, the average human hair is seventy microns thick.

How do I use my Costco reward certificate for gas? ›

The Reward may be redeemed toward purchases of most merchandise through the front-end registers (not currently available at self-checkout) at Costco warehouses in the U.S. Reward certificates may not be used: (i) toward purchases that are not recorded through Costco's front-end registers, such as purchases at gas ...

Does gas count on Costco membership? ›

In the U.S., Rewards are not calculated: (i) on purchases of cigarettes or tobacco-related products, gasoline, Costco Cash Cards, postage stamps, alcoholic beverages in certain states (including Alabama, Connecticut, Georgia, Kentucky, Michigan, Ohio and Tennessee), and at food courts; (ii) on membership fees; (iii) on ...

Do you get money back on gas with Costco card? ›

Costco Anywhere Visa Card by Citi Cash Back Rewards

Earn cash back rewards on purchases wherever Visa® is accepted. You'll get 4% back on eligible gasoline purchases for the first $7,000 per year and then 1% thereafter. You'll also earn 3% on restaurants and eligible travel purchases, including Costco Travel.

How much cheaper is Costco fuel? ›

Drivers filling up at Costco will generally save more than £6.50 a tank compared to a supermarket. RAC fuel spokesman Simon Williams said: “Drivers who aren't fortunate enough to be members of Costco will no doubt be horrified to see just how cheaply fuel can be sold.

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