Costco released its list of monthly deals for December, which total more than $1,400 in savings for its members. Here are the best deals you need to know about immediately:

1. Gift cards

Kendal Perez, a savings expert from CouponSherpa.com, told Go Banking Rates that gift cards to restaurant are typically discounted by 20 percent at Costco. Plus, you can pick up a 10-pack of gift cards to movie theaters for $8.50 per ticket, which is a super bargain compared to normal prices at theaters across the country.

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2. Booze

On average, Costco offers a significant price cut on alcohol. According to DealNews.com features editor Benjamin Glaser, prices vary by state and location, but Costco usually offers deals like good chardonnay for $10.50 and 16-year-old scotch for $55 (compared to $63 at other stores). And the best part is that some states require Costco to sell alcohol to non-members, so you might be able to score these deals even if you don't have the club card.

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3. Chicken

Those $5 rotisserie birds are more than worth their weight. Put them to work at dinnertime and take a load off from all the Christmas cooking.

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4. Chocolate

Grocery items already tend to be cheaper at Costco than your local grocery store, but the brand is also running a deal on Ghirardelli chocolate just in time for the holiday. So you can score assorted chocolates at $3 off per bag with no limit to how many you can buy. I see lots of caramel in your future.

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