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."
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