The annual membership fee will be $50 for Club members and $110 for Plus members, up from $45 and $100, respectively. Rival Costco last raised its membership fees in 2017.
will soon have to pay more in annual fees for a Sam's Club membership.
Starting Oct. 17, the annual membership fee will be $50 for Club members and $110 for Plus members, up from $45 and $100, respectively. The move marks the first hike for its Club membership in nine years and the first Plus membership increase since its introduction in 1999. "We are mindful of the financial pressure on wallets right now. So, this year’s renewal is on us," Sam's Club CEO Kath McLay said in a notice to customers. "We’re giving back $5 in Sam’s Cash to Club members and $10 in Sam’s Cash to Plus members shortly after renewal."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mayor Justin Bibb proposes spending $50 million on ‘housing for all’ in Cleveland: Stimulus WatchThe proposed housing policies include $35 million to incentivize public/private housing, $10 million in home repair funds and $5 million for a revolving loan pool for small and minority contractors to build in underserved neighborhoods.
Read more »
Lightnet secures $50 million LDA capital commitment for remittancesThe Lightnet Group said it has secured a $50 million capital commitment from LDA Capital to expand blockchain technology for remittances.
Read more »
Recovery: Bitcoin Reclaims $20K, ETH Regains 10% (Market Watch)The cryptocurrency market bounced today, adding over $50 billion to its capitalization on the back of considerable gains from both Bitcoin and Ethereum.
Read more »
Reports: Sam's Club to raise annual membership feeIt will soon be more expensive to be a member of Sam's Club. The fee raise to their annual membership will be Sam's Club's first price increase for membership fees in nine years.
Read more »