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Also some banks have visa gift cards at no extra fee around the holidays too. Or sometimes corporate credit cards can use points to get gift cards.
It’s been a long time since I’ve done any bulk gift cards, but I do remember the big bulk stores having some good deals, usually around the holidays. You can get 50$ for 45$ and things like that, which really adds up! I’d crunch the numbers, because it very well could pay for that membership alone.
Snappy gifts - you choose a $$ amount and the recipient is able to choose their gift from a selection
Have you considered checking online marketplaces or gift card websites? They often have deals and promotions on popular gift cards. You might find some great savings without needing a membership.
My company uses Tango. You give a virtual Tango gift card that they can redeem for a variety of well known retailers gift cards, like Amazon and Target to Nordstroms and Dicks Sporting as well as restaurants and such. Best part is that you don’t have to redeem right away, so you can accrue a balance and get more than the standard $5-20 thank you gc for a bigger purchase.
I have a costco membership because of other reasons but I typically see sometimes they are like $100 for $80 on certain things or buy one get two etc.