Costco is selling Uber and DoorDash credit at 20% off again
A discount that quietly disappeared for most of a year is back — and it sets the number anyone trading Uber or DoorDash credit should be measuring against.
In one line
Costco.com is carrying Uber and DoorDash e-gift cards again: $79.99 for $100, as two $50 cards, with an online limit of $200 of each brand every 14 days.
What is actually on offer
- Uber and DoorDash, both as e-gift cards delivered digitally rather than posted.
- $79.99 for $100 — two $50 cards per pack, a 20% discount.
- $200 of each brand every 14 days when buying online. Two packs per brand, per fortnight.
- A membership. Costco.com sells gift cards to members, so the discount is not open to everyone who wants it.
In the United States an Uber gift card loads into the same Uber Cash balance that pays for both rides and Uber Eats orders, which is why one card covers two quite different habits. Check the card's own terms rather than taking that from us — the balance rules are Uber's and they have changed before.
Why it is worth noting that it came back
Costco carried Uber cards at 20% off for years, and it was the reliable floor everybody priced against. Then it stopped, months ago, and the going explanation was that the partnership had ended. It reappearing suggests the opposite happened, though neither company has said so.
That matters more than a single discount usually would, because a standing 20% off does not behave like a sale. It behaves like a price.
What it means for credit traded between members
It sets a ceiling, and the ceiling is 80 cents on the dollar. A Costco member can buy $100 of Uber credit for $79.99, so $100 of Uber credit listed here is worth no more than that to anyone who could simply go and buy it. A listing above $79.99 is asking somebody to pay more than retail, and the buyers who know that are exactly the buyers on a site like this one.
What it does not do is close the market, and the reason is the limit. $200 of each brand every 14 days is a household's worth of takeaway, not a useful supply. Somebody who wants $600 of Uber credit before a trip next week cannot get it from Costco at any price, and somebody sitting on credit they were given — a card from an employer, a balance from a perk they do not use — is not competing with Costco at all. They are selling something Costco will not sell them: the amount they want, today.
So the honest read for a seller is that $79.99 is the number to beat, not the number to match. And the honest read for a buyer is that any listing near face value on a brand Costco carries is one to walk away from.
The same logic, in general
Gift-card credit trades below face because the buyer gives up money that spends anywhere for credit that spends in one place. The discount is the price of that restriction — and where a retailer is already selling the same credit at a set discount, that retailer has published the going rate for you. More on pricing gift cards.
Reported by Doctor of Credit, which is where we saw it. Prices and limits are Costco's and can change without notice — this went away once already, so check the listing on Costco.com before you count on it.
Gift cards carry their own terms, and some issuers restrict resale. Read the terms on the card you hold before listing it, and remember that a member buying from you is trusting the balance to be there — say plainly what you have.