Retail
Walmart Unveils $120 Membership Bundle With Sam’s Club That Could Save Shoppers Nearly $100
Walmart and Sam’s Club are teaming up to help consumers save money.
On Tuesday, October 20, Walmart announced that Walmart+ and Sam’s Club Plus are now available as a joint membership for $120 a year, saving consumers almost $100 compared with paying for the two memberships separately. The monthly cost is about $10, but the bundle is only offered with an annual payment option.
“We’re giving people a reason to expect more from their memberships,” John Furner, president and CEO of Walmart Inc said in a statement. “For $120 a year, we’re raising expectations for what a membership can deliver: more money in their pockets and more time to call their own.”
The joint membership includes benefits from both programs, including Walmart perks like gas savings, a choice of either Peacock or Paramount+ streaming service, free shipping on eligible orders, prescription delivery and more, per the company’s website. Sam’s Club perks include early shopping hours, free curbside pickup, tire and battery benefits and more.
Existing Walmart+ members can switch to the dual membership for $22 more per year, and basic Sam’s Club members can upgrade to Sam’s Club Plus for an additional $60 per year to get the joint membership.
Shoppers who are already Sam’s Club Plus members can activate Walmart+ at no additional cost. Those already paying for both memberships can link the two accounts and may qualify for a prorated Walmart+ refund.
Walmart pointed out the high cost of having different memberships, noting it could be $139 for a retail membership with delivery, $130 for a warehouse club, $129.99 for a streaming service, totaling almost $400 a year, before the person even purchases an item.
Furner told Fox Business that the bundle “does help at a time when we do see some customers showing some signs of pressure,” referring to energy costs as shoppers gear up for the holiday season.
