Overview
- Sam’s Club, which announced the change Wednesday, will raise the basic Club fee to $60 and the Plus fee to $120 starting May 1.
- Plus members will be able to earn up to $750 in Sam’s Cash each year, up from the previous $500 cap.
- Current members will be charged the new price at their next renewal, while anyone who joins or renews before May 1 keeps today’s rate for another year.
- Mizuho estimates roughly 30 million paying members, a base that could add about $200 million in annual fee revenue for Walmart.
- After the increase, Sam’s Club stays cheaper than Costco and now matches BJ’s on both membership tiers.