This promotion is similar to a tiered promotion that was run back in May, but this one requires more spending to get $500 back. The previous promotion only applied to certain goods, whereas this one seems to include most, if not all, items that are on the website.

The Deal

If you spend $3000 or more on furniture, appliances, outdoor playsets and other items, you'll get $500 in cash. Only online

  •  Valid 10/17/22 – 10/18/22

What does it do?

  1. Add items worth $3,000 or more to your cart.
  2. Complete the purchase of items worth $3,000 or more on Costco.com in one transaction.
  3. Within 5-7 business days from the date the complete Costco.com order has shipped, you will receive an email with your Costco Digital Shop Card.

There is a direct link to the promotion.

Terms and Conditions

  • Void if eligible products are purchased and returned.
  • Active Costco membership required; limit one $500 Costco Digital Shop Card per membership number.
  • Promotion valid for U.S. residents and U.S. purchases only (excludes U.S. territories).
  • Offer not valid for Costco purchases made in warehouse, in Costco Business Centers, on Costcobusinessdelivery.com, on Costcophotocenter.com, on Costcotravel.com, on Costcopharmacy.com, on Sameday.costco.com, on Costconext.com, or on purchases of Costco Shop Cards (digital or physical), Costco Services, gift cards or certificates, alcohol, tickets, membership, membership renewals, gifts of membership, custom installation or custom merchandise orders, optical, and hearing aids.
  • The $500 Costco Digital Shop Card will be delivered to the ‘Bill To’ email address on the purchaser’s Costco.com account within 5 to 7 business days from the date that the complete Costco.com order has shipped, subject to compliance with these terms and conditions.
  • If it is discovered by Costco that any person has attempted to use multiple names, multiple identities, multiple accounts and/or any other means not in keeping with Costco’s interpretation of these terms and conditions to participate in or to disrupt this promotion, then they may be disqualified from participation in this promotion in the sole and absolute discretion of Costco. The Costco Digital Shop Card will immediately be void if Costco determines that it was at any time obtained illegally (including by fraud), contrary to these terms and conditions, or if it is altered.

Quick Thoughts

If you can build a shopping cart with $3000 or more, you'll get 17% of the cost of the item. If you are already on the lookout for larger ticket items, it might be worth taking a look at what is out there. Current sale items and manufacturer discounts are included in the promotion. I don't know if the pricing has changed since the promotion began, but everything seems the same.

Although they are often among the cheapest retailers, they are not always the best for large consumer goods. It is worth doing a quick search to see if the item can be found somewhere else at a better price.

The promotion says that the gift card can be used online or in-store, so I assume it can.

MtM.