Singapore-based financial blog that aims to educate people on personal finance, investments, retirement and their Central Provident Fund (CPF) matters.

Tuesday 9 July 2019

Spend $40 and Reach Starbucks Gold Membership


This is the young adult's symbol of status, and how much we are willing to splurge for coffee.
This Starbucks Gold Card is only available to those who spent $300 per year via their Starbucks card.
That's about $25 per month.
But fret not, here is 1 trick that I have been using for the past several years to maintain my Gold status without burning a hole in my pocket, and here's how you can too!

Most of us are trying to reach Gold status via our own effort. I applaud you for that though I think you have started to realise that you either spent too much on Starbucks or you seem to never be able to reach Gold level although you seem to drink quite a lot of their Frappucino.

The trick here is to rely on the collective effort of the people around you to help you reach that Gold (pun intended).
Here are some ways I use to reach Gold:

1. Buy Starbucks on behalf of friends and colleagues
We all have friends who once in a while wants to drink Starbucks. These are friends who are not die-hard fans but do have their cravings every once in a while.
They don't have the Starbucks card and are not in the business of collecting the stars.
Why not charge their drinks to your Starbucks card?
If 4 friends buy a Venti Frap each, that's $8.30 x 4 = $33.2 charged to your Starbucks card, you are 10% closer to Gold without spending a single dime!

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2. Share a Starbucks Card
Got a partner, sibling, or best friend who is a Starbucks-drinker like you?
2 heads are better than 1, or in this case, 2 person spending is better than 1.
If you can't reach the Gold on your own, find someone to support you along the way.
You can share 1 Starbucks account and charge all your Fraps to that Starbucks account via the Starbucks App.
Of course, you have to decide how you want to share that free drink you get with every 60 stars.


The last tip and I feel this is one of my best tips:
3. TREAT YOUR FRIENDS $1 OFF THEIR VENTI FRAP 
Yes, treat them to $1 off the largest drink, and only the largest-sized drink.
Here's why.
The largest size Frap cost $8.30 each cup (lowest cost Frap).
If you offer a $1 discount, it will cost your friend $7.30, and you have just spent $1 to get 8.3 stars.
But there's more!
You only have to treat 7.3 friends to get 60 stars credited into your Starbucks card.
And that 60 stars entitle you to 1 free drink from Starbucks - YES! You just spent $7.30 to get an $8.30 Frap drink and chalked 60 stars to Gold (20% down!).
And so far, I have rarely seen friends that reject me when I offer or suggest to get Starbucks and give them a $1 off.
And I usually do this towards the last few months of my Gold membership when I'm still short of about 100 stars.
But assuming you did this for all 300 stars, you will reach Starbucks Gold status spending only $36.50.

There you have it, the 3 tips I use to maintain my Starbucks Gold membership year after year.
What other tips do you have for you to reach your Gold status?
Share with us in the comments below!
And if you want to find more tips, tricks, and promos, check them out at our new page HERE.


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