Walmart-owned Sam’s Club will increase its annual membership fees by $10 from May 1, raising the basic membership to $60 and the top-tier option to $120.
Sam’s Club does not reveal how many members it has. In its January quarterly results announcement, the company disclosed that membership had reached a record number.
“We have adjusted our membership pricing to support the things our members love,” a company spokesperson said in a statement.
“We will continue to provide innovative, tech‑driven tools and a curated assortment of the best national brands and Member’s Mark items, while also giving members greater flexibility to shop how they want with expanded in-club hours, Curbside Pickup and enhanced delivery options, reinforcing Sam’s Club’s value promise of exceptional products and service and an elevated shopping experience,” the statement added.
Since 2024, archrival Costco charges $65 annually for a basic membership and $130 for the top-tier option. Sam’s Club’s increase will now match the fees of another rival, BJ’s Wholesale Club.
Sam’s Club said current members will not be charged the new rate until their next billing cycle, and new members who subscribe before May 1 will be able to pay the current rate for their first year.
- Further reading: Sam’s Club members will soon be able to shop from ChatGPT.