The 7 Best Gift Card Deals at Costco Right Now

Not every member realizes it, but Costco is a great place to get cheap gift cards. It offers gift cards from a wide variety of brands and sells them at less than face value. You could easily save 10%, 20%, or more just by buying gift cards at Costco.

Gift cards are a convenient option to give to friends and family on special occasions, but that's not all they're good for. If you find a discounted gift card for a company you like, you could buy it to save some money in the future. For example, if you buy a $100 gift card for $80, you've effectively saved $20 once you redeem it. It's a simple trick to improve your finances.

So, what kind of savings are currently available? Here are the best gift card deals at Costco right now.

1. Southwest Airlines $500 e-gift card

• Price: $449.99
• Discount: $50.01 (10%)

Airline credit cards aren't the only way to save on your next flight. You can currently get $500 for Southwest Airlines flights at a 10% discount. This e-gift card is redeemable online, by phone, or at the ticket counter. Note that it's only valid for Southwest flights and not any other types of purchases with the airline.

2. Domino's four $25 e-gift cards ($100 total)

• Price: $79.99
• Discount: $20.01 (20%)

These Domino's gift cards are valid on all menu items and at all U.S. Domino's locations. You can redeem them online, by phone, or in stores. If you're not a Domino's fan, Costco also has gift card deals available for Papa Johns, California Pizza Kitchen, and Blaze Pizza.

3. Cinemark $50 e-gift card

• Price: $39.99
• Discount: $10.01 (20%)

Movie lovers can use these Cinemark gift cards at all the chain's theaters nationwide. In addition to movie tickets, Cinemark gift cards can be used to purchase food, drinks, or merchandise. Costco also has ticket and gift card deals available for AMC and gift cards for Alamo Drafthouse Cinema.

4. Spafinder two $50 e-gift cards ($100 total)

• Price: $79.99
• Discount: $20.01 (20%)

Spafinder is a company with a global partner network of spas and other wellness companies. You can use Spafinder gift cards at any of its participating spas, salons, wellness centers, yoga studios, and fitness studios.

5. AppleTV+ 12-month subscription ($69.99 value)

• Price: $62.99
• Discount: $7.00 (10%)

AppleTV+ is one of the most affordable streaming services, and it's even more affordable if you buy a subscription voucher through Costco. A 12-month subscription costs $62.99 here compared to the standard yearly rate of $69.99. There's also a six-month subscription available for $33.99 through Costco. At the standard monthly rate of $6.99, six months of service would cost $41.94.

6. Peet's Coffee five $20 e-gift cards ($100 total)

• Price: $79.99
• Discount: $20.01 (20%)

If Peet's Coffee is your go-to cafe, Costco sells five $20 gift cards for just about the price of four. They're usable at all participating Peet's Coffee & Tea retail locations and on its website. Note that these can't be used at airport, supermarket, BART, or other licensed locations.

7. Chuck E. Cheese four $25 e-gift cards ($100 total)

• Price: $74.99
• Discount: $25.01 (25%)

Families with young kids can save on their next game night with this four-pack of Chuck E. Cheese gift cards. These are redeemable at over 400 locations across the United States, but they can't be used for birthday parties or group events.

Buying gift cards at Costco

Costco offers gift cards at its warehouse locations and at Costco.com. Most of the gift cards on its website are e-gift cards. After purchasing one of these, you receive an email with the code you can use to redeem your gift card.

Gift card offers like these are an easy way to save money. Keep in mind you can also save even more by earning rewards on gift card purchases. If you have a Costco executive membership, you earn 2% back on qualified purchases, up to a maximum of $1,000 back per year. You could also pay with cash back credit cards (for in-store purchases, Costco only accepts Visa credit cards). Methods like these could potentially help you save another 3% to 4%.