3 Costco Perks You're Probably Missing Out On

Smiling warehouse store club shopper with phone and shopping cart

When you stride through the doors of Costco, ready to conquer your grocery list and perhaps indulge in a delectably inexpensive hot dog combo, you're stepping into a world brimming with more than just bulk goods. Costco is the kingdom of oversized everything -- from packs of socks to barrels of pretzels -- but it's also a treasure trove of membership perks that are all too easy to overlook amid the bustling aisles.

Let's peel back the layers of the Costco cake (which, by the way, is another excellent reason to visit) and reveal the top three Costco perks you might be missing out on. These aren't just added bonuses; they're game-changers that can enhance your personal finances, protect your assets, and support your business endeavors.

1. Travel discounts

Think of Costco the next time you're daydreaming about a vacation. Through Costco Travel, your membership unlocks a world of travel discounts that can make those dreams a reality. Imagine jetting off to an exotic beach or exploring a bustling European city, knowing you snagged the adventure for a steal.

Costco offers great deals on vacation packages, car rentals, and cruises. Its travel perks often come with little extras like room upgrades or Costco Cash Cards, making your trip a bit more special. And Executive members receive 2% back on Costco Travel purchases as part of their annual reward certificate. Before you book your next escape, take a peek at what Costco Travel has to offer -- it might just be the best decision you make for your travel budget.

2. Insurance coverage

Most of us think about groceries and gadgets when we think of Costco, but how about insurance? Costco partners with top insurers to provide you with discounts on health, dental, auto, and home insurance. For example, Costco Gold Star and Business members can enjoy a 15% discount on Figo Pet Insurance, where available.

Whether you're buying a new car through the Costco Auto Program or protecting your home, these services offer the security of knowing you're covered, often at a fraction of the usual cost. The next time you pass by the service desk, take a moment to ask about the insurance perks -- your wallet will thank you.

3. Business services

If you're nurturing a budding enterprise or steering a thriving business, Costco's Business Services might be the secret weapon you need. From payment processing to payroll solutions, Costco provides a suite of tools designed to streamline operations and cut costs.

For example, could your business be overpaying for credit card processing? Well, Elavon's payment processing service, available through Costco, offers a compelling option for Executive members. On average, members have reported saving approximately $1,574 annually on their credit card processing fees. This substantial saving could be a game-changer for your business, so it's worth taking a closer look to see if it aligns with your financial strategies and goals.

Take advantage of all your Costco membership's perks

So, the next time you're navigating your local Costco, laden with your shopping haul, remember: there's a whole lot more on offer than what meets the eye. Whether planning your next great vacation, safeguarding your treasured possessions, or pushing your business forward, your Costco membership is a gateway to an array of exciting perks.

Dive into these opportunities, chat with the friendly staff members about what's available, and maximize your membership. Trust me, it's worth exploring every nook and cranny of those Costco perks. You never know what might change your life -- or at least make it a little easier and cheaper.

Top credit card to use at Costco (and everywhere else!)

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