Deconstructing Starbucks Gold
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I’ve been struggling about the decision to get a Starbucks Gold card since they came out. My day job is working with customer loyalty platforms so I’m rather suspicious when anyone comes out with a loyalty program that you have to pay up front for. The Starbucks Gold program is $25 per year (really 380 days) and I thought it would be good to take a detailed look at what you get for that and if it’s a good deal or not. The first thing to consider is what are you going to get with Gold over regular registered card. The regular registered card is free as long as you put some balance on it and register it online.
| Standard registered Card | Gold registered Card |
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So the main difference of ongoing benefit of the Gold card over the regular registered rewards card is the 10% off most purchases. If your planning to get an espresso machine or coffee maker in the near future this is probably going to seal the deal on it being worthwhile to get the Gold card. Also if you buy your whole beans at a Starbucks store it’s likely worthwhile to get the Gold card. The Exclusive offers and discounts can’t really be factored in due to there being no disclosure on what those are so we really need to assume those don’t exist or have zero value.
Strictly from a mathematical standpoint the determination of if the Gold card would pay off for me is easy to calculate. I purchase about 5 Cafe’ Americanos a week at $2.70 each for the Venti size. Don’t judge me it’s close to my work and a guilty pleasure. I’m no fan of the brewed coffee there but the Americano is actually a pretty decent cup of coffee and there are no other options for an espresso drink within 10 miles of my work place.
Lets determine how long it would take me to pay off the Gold card through normal purchasing habits.
$25 Gold Card fee – $2.70 for my first free drink with card purchase leaves $22.30 to make up. For each cup of coffee I buy with the Gold card I’m going to get $0.27 off of each cup. So if we divide $22.30 by $0.27 that means it will take approximately 82.6 cups of coffee to pay for the Gold card. At 5 cups of coffee a week that is 16 weeks just to make up the card cost.
There are 52 weeks in the year so that means I’ll be using my Gold card for 36 weeks after I’ve made up for it. The remaining 36 weeks will amount to 180 cups of coffee and multiplying that by the $0.27 a cup discount comes out to a whopping $48.60 in savings. This is a pretty decent deal even if I never buy anything but my usual coffee that I’m going to be buying anyway. I’ll be picking one up on Monday when I stop in for my daily coffee.
You’ll have to do the math yourself on your own normal drink and frequency of purchasing to determine if it’s a good deal for you or not. If you get a drink with Soy in it I think the upcharge for that is $0.40 so that may be more worthwhile than the 10% off you would be getting from using a Gold card.
To find out for yourself you can use our approximate Gold Card value calculator below. Simply enter the coffees you drink per week and the price of your normal coffee and press the button and it will tell you the numbers for your situation.
The math is approximate due to rounding but is a good representation of your savings. If you come up with a negative number then the gold card is probably not a good deal for you unless you buy lots of whole bean coffee or other items.




