top partner

for CFD

Image source: Getty Images

Costco has tons of great Black Friday deals that will give your credit cards a workout. In fact, you can take advantage of some sales that have already started.

But, if you’re considering making a really big purchase at the warehouse club, you may want to keep the money in your bank account for a little longer and wait for Thanksgiving Day. Here’s why.

Could waiting help you score more savings on your Costco purchases?

If you want to maximize your savings on your big Costco purchase, waiting until Thanksgiving Day could pay off for a simple reason: Costco is running a special promotion.

Specifically, the warehouse club is offering $50 off of a $500 purchase. This deal is valid only on Nov. 23, 2023, though. This means you will not be able to use it until Thanksgiving Day.

Since Costco is closed on Thanksgiving, you need to use the $50 off coupon online. The coupon also indicates it is good for online purchases only. This is a bit of a bummer, since Costco’s online prices tend to be higher than those offered in-store.

Still, coupons like this aren’t super common at Costco and $50 off a $500 purchase is a pretty substantial amount of savings that may more than offset any added premium you pay for the privilege of buying online.

Costco has indicated that the $50 off coupon is good only on qualifying items and the website doesn’t yet specify exactly which items fall within that category. In the past, when Costco has offered similar coupons, some of the items excluded were:

New memberships and membership renewalsCostco gift cardsSame-day grocery deliveryPharmacy ordersTravel purchasesCustom installation servicesCostco business delivery

Most items you’re interested in buying will likely be fair game if Costco follows a similar policy. You are allowed just one coupon per member, though, so you’ll want to be smart about what big purchases you make so you can make the most of it.

If you were thinking of becoming a Costco member, joining to take advantage of this deal may also make sense if you’re going to immediately make a large purchase. After all, the entry-level Costco membership costs just $60 and if you get a $50 off $100 coupon, that $50 in savings would defray almost the entire cost of joining and you’d benefit from your membership for the next year.

Should you take advantage of Costco’s big coupon to save?

If you’re planning on buying more than $500 worth of Costco items, it makes little sense not to take advantage of this coupon — unless the items you’re purchasing are likely to be ineligible or a lot costlier online than at your local warehouse club.

You need to be aware, though, that Costco has some Black Friday deals going on already that come with deadlines. If you want to take advantage of any of Costco’s early Black Friday sales, check the dates for when those promotions end and make sure you won’t be passing up a special bargain by waiting.

The good news is, there are so many deals to be had this time of year, saving $50 off $500 is just the tip of the iceberg.

Alert: highest cash back card we’ve seen now has 0% intro APR until 2025

If you’re using the wrong credit or debit card, it could be costing you serious money. Our experts love this top pick, which features a 0% intro APR for 15 months, an insane cash back rate of up to 5%, and all somehow for no annual fee.

In fact, this card is so good that our experts even use it personally. Click here to read our full review for free and apply in just 2 minutes.

Read our free review

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.Christy Bieber has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy.

Read the full story: Read More“>

Blog powered by G6

Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.

For any inquiries, please contact [email protected]