A Costco shopper used social media to highlight potential overlooked benefits of the wholesale membership.
Ravi Wadan, who describes himself as a finance educator, shared a video on TikTok revealing a lesser-known perk: discounted gift cards.
On Costco.com, members have the opportunity to buy packs of gift cards for a range of stores, airlines, and eateries at a price lower than the card's actual value.
"It surprises me how many people don't know this, but Costco.com actually sells gift cards to some of your favorite places at a discount," Wadan stated on his TikTok, which has attracted more than 513,000 viewers.
@raviwadan Start buying gift cards at @Costco Wholesale to save money! #moneysavingtips #costcogiftcards #giftcarddeals #costcotiktok #costcofinds #giftcards ♬ original sound - Ravi Wadan (Finance Education)
Members have the opportunity to buy $100 gift cards for various eateries at a reduced price of $80.
Those flying with Southwest might appreciate the chance to pay just $450 for a gift card valued at $500.
Certain premium cards have a purchase limit for each membership.
Numerous Costco enthusiasts swiftly responded to Wadan's TikTok, posing several queries and lauding him for the budget-friendly discovery.
"Is there any additional fee added on to purchase or activate it??," a user inquired. In reply, Waden clarified that there's no fee.
"I have Costco for ages and I never paid attention," remarked another TikTok viewer.
"And then you pay with a 5% cash back card to get even more savings," observed another commenter.
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