You can really enjoy the added savings.
- Costco’s low prices make it a great source for food and household essentials.
- Knowing the right tricks can help you save more money on your Costco purchases.
- Shopping online can save you even more, as well as searching for products that are marked down and priced as low as $0.97.
Costco is known as a source for inexpensive bulk groceries, household essentials and assorted goods. Just take a look at your local warehouse club store and you’ll likely come across hundreds of great deals in one shopping trip.
But while just shopping at Costco can save you money, there are certain tricks you can use to reap even more savings. Here are some you should know about.
1. Shop online in stores
The fact that Costco offers a wide variety of products online is a good thing. That means you can stock up on the things you want without leaving the house.
But shopping on Costco’s website isn’t necessarily your best bet. Not only can you be stuck paying for shipping in some cases, but Costco typically offers even lower prices in stores on its regular products than it does online. So if you want to save money, plan to visit your nearest warehouse club store. And if you live far from your nearest Costco, aim to buy a lot of items at once to minimize the number of trips you make.
2. Raise to executive membership
Costco’s executive membership will earn you 2% cash back on your purchases, while the standard membership won’t earn you any cash back at all, although the credit card you use to pay for your purchases may. Now, executive membership really has value. That’s $60 more than a standard annual membership. But if you do the math and see that you spend enough at Costco, an executive membership can make a lot of financial sense.
In fact, if you spend $3,000 a year at Costco, that’s your break-even point as far as executive membership is concerned. So if you spend more than that in a year in total, it’s worth upgrading for extra savings.
3. Return items you’re not satisfied with, even food
The really nice thing about Costco is that it has a generous return policy. If you are not satisfied with the product, you can take it back. That includes electronics you’ve already used, clothes you’ve already worn, and food you’ve already opened.
Now for the latter, you’ll generally need to come up with a reason other than not liking something. But let’s say you bought a big package of sliced cheese, thinking it would last four weeks, and two weeks to mold it. Instead of losing it by throwing it away, you can most likely take it back to Costco for a full refund.
4. Pay attention to the mentioned points
Costco typically prices items as low as $0.99. But if you see an item that ends at $0.97, that generally indicates you’re looking at the mark. If the item in question is something you want or can get good use out of, then it’s probably worth buying.
Shopping at Costco can often lead to a world of savings. And following these tips can really help you take that concept to the next level.
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