The benefits of membership in Gamma Beta Phi are many and varied because of the Society's dual role as both an honor society and a service organization. Those benefits include:
- A first-class membership certificate, two decals, a copy of the national constitution, a copy of the GAMBET (the national newspaper) when it is published, and upon request, a membership card. The first inductees of a newly-chartered chapter will have "Charter Member" engraved on their certificate.
- Publicity and recognition of achievement.
- Membership is completely transferable (without any further national fee) to any other college or university where a chapter exists or can be formed.
- The satisfaction of active participation in meaningful service projects.
- Camaraderie with other honor students during projects and social events.
- Opportunities to improve leadership capabilities by taking on responsibilities at local, state and national levels.
- Encouragement to stand for and grow in the virtues and ideals championed by Gamma Beta Phi (refer to the Code of Ethics found in Appendix ).
- The opportunity to participate in the annual State and National Conventions.
- Membership and service in such an organization is considered an advantage by graduate and professional schools and by prospective employers.
- Auxiliary items such as jewelry, tee shirts, pennants, jerseys, etc., are offered at the wholesale cost plus shipping and handling.
- Upon notification by the chapter, Headquarters sends to a graduating member, a beautiful diploma seal and an invitation to join the Alumni Association.
- The member must have been in good standing in the chapter to be eligible.
It is National Senate policy to provide these as a service and not as a way of raising money.