Deal has expired, view more Costco offers by clicking here.
The Offer
Direct Link to offer (sample link, use the link from the email; remember, this is targeted)
Chase is sending out an email offer on various cards like Freedom, Freedom Unlimited, and Slate:
- Receive a $40 statement credit when you use your Chase Freedom Credit Card to purchase a Membership Activation Certificate to join Costco as a new Gold Star member (membership costs $60) by 7/31/19.
- Plus, receive an additional $20 statement credit when you spend at least $100 with your Chase Freedom Credit Card at Costco in-warehouse or online at Costco.com by 7/31/19.
The Fine Print
- This promotion requires use of your Chase Freedom Credit Card. For future purchase, U.S. Costco locations accept all Visa® cards, as well as cash, checks, debit/ATM cards, EBT and Costco Cash Cards.
- Statement Credit cannot be combined with any other new membership promotion.
- New member promotion not valid for renewal of an existing or expired Costco Membership.
- Please note: In order to qualify for this promotion, you must be the recipient of the promotional email from Chase and use your Chase Freedom Credit Card for all applicable purchases.
Our Verdict
We saw a similar offer a couple of months ago from Fidelity. It’s essentially like free Costco membership since the $40 + $20 offsets the $60 cost. Sweet deal for those targeted. Not sure what the email subject line is.
Hat tip to reader Jorge and DDG
Just wanted to mention that I got this offer for my Chase Slate card. 🙂 Email subject is “(Name), earn up to $60 in statement credits with a new Costco membership.”
Same requirements as the Chase Freedom.
Is this legit? or a Scam?
Seems legit, follow the link from DoC, and see for yourself.
Almost every deal that DoC posts is sort of legit, hence he’s not posting a deal now which is a scam.
I just noticed this” You will not receive the $20 statement credit for $100 in Costco purchases without the purchase of the Costco Membership Activation Certificate.”
I haven’t had any problems with Costco.com. In fact, they’ve been super great, and you can get products delivered to your door with a small shipping fee. Would definitely recommend.
I signed up for Costco activation certificate on 7-25 using the student promotion they had. I was not targeted by the Chase email and did receive the 40 dollar credit to my CFU. I did not spend 100 on my chase freedom but, did on my CFU. I have not yet and maybe won’t get the 20 dollar cash card from the chase promotion. I also have not yet received the 20 dollar cash card from the student promotion but it was stated as taking 2-4 weeks from use of the certificate.
Do you actually need to go instore to activate via Step 3 to complete this? I was hoping to just activate it online and avoid going instore.
Made 3 separate purchases totaling $100+ and received the $20 credit a few days after the last purchase. Did not receive email invite.
for folks who recd a $40 cr w/o an email invite, about how long did it take after the $60 charge had posted? mine was posted but no credit…
Thx
Took about 3-4 Business days after I activated the membership
no refund after 10 days ,CFU
Does anyone have any updates on the $20 statement credit if you didn’t receive the email invite?
I also received the $40 credit without the email but can’t find any DPs on the $20
Thx.
I got the $20 credit 2 days after the $100 Costco spend posted
I can also confirm, I did not receive the email but signed up anyway and was credited back the $40 so far. I have the freedom unlimited card.
Does the $100 need to be spent in one purchase?
I can say this works even if you were not targeted. I clicked the link above and signed up June 7, received my statement credit June 17.