[Expired] [Targeted] Chase: Get $40 Back with Costco Membership Purchase + $20 Back with Costco Spend

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

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43 Comments
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Erick
Erick (@guest_766584)
June 4, 2019 11:01

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.

Careful
Careful (@guest_766722)
June 4, 2019 16:47

Is this legit? or a Scam?

Myi
Myi (@guest_766767)
June 4, 2019 17:51

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.

Tony
Tony (@guest_768854)
June 10, 2019 12:28

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.”

Livecoupons net
Livecoupons net (@guest_1259648)
September 30, 2021 03:37

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.

Brian
Brian (@guest_792649)
August 1, 2019 23:29

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.

Ferris
Ferris (@guest_790961)
July 29, 2019 22:43

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.

anon
anon (@guest_789953)
July 27, 2019 10:23

Made 3 separate purchases totaling $100+ and received the $20 credit a few days after the last purchase. Did not receive email invite.

dan
dan (@guest_783818)
July 16, 2019 14:18

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

Catapult
Catapult (@guest_784203)
July 17, 2019 09:21

Took about 3-4 Business days after I activated the membership

alex Liang
alex Liang (@guest_783804)
July 16, 2019 13:56

no refund after 10 days ,CFU

anon
anon (@guest_782385)
July 12, 2019 17:35

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.

Catapult
Catapult (@guest_784963)
July 18, 2019 15:52

I got the $20 credit 2 days after the $100 Costco spend posted

Adam M
Adam M (@guest_776327)
June 29, 2019 11:24

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.

Simon
Simon (@guest_772891)
June 21, 2019 06:58

Does the $100 need to be spent in one purchase?

Rob
Rob (@guest_772864)
June 21, 2019 01:07

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.