Sam’s Club will raise the price of its annual membership starting mid-October

The discount club chain Sam’s Club will increase the price of membership for all of its members, including those from Puerto Rico, Starting next Monday, October 17th.

The annual fee will increase from $45 to $50 for Club members, and from $100 to $110 for Plus members.

“This is the first time we have changed the price of the Plus membership since it was introduced in 1999, and It’s been nine years since we last changed the price of club membership.”She expressed the chain in a letter she began sending to partners.

Sam’s Club tells them they’ve added new brands and are becoming more focused on how to improve their Member Mark products.

Additionally, he states that they have invested in technology to improve the shopping experience. “We have almost completed the implementation of a new look across all 600 clubs,” the message reads.

Earlier this year, the company launched a new rewards program called Sam’s Cash. This program replaces the previous model, in which the customer accumulated points on each purchase and at the end of the year the chain sent him a check according to the number of points accumulated.

Now, the customer can see in their digital app how many points they accumulate with each purchase. One advantage is that you can redeem it whenever you want, and you don’t have to wait until the end of the year.

However, the membership club chain – which is part of Walmart – understands that consumers are burdened with so many price increases that they have to pay for goods and services. For this reason, I promised to return the amount of the increased fee to them shortly after renewing their membership.

We are aware of the financial pressures on the pockets at the moment. So this year’s increase in renewal goes to us. We will return $5 of Sam’s Cash to Club members and $10 of Sam’s Cash to Plus members shortly after the renewal. “

Evan Baez, Director of Public Affairs From Walmart and Sam’s Club in Puerto Rico, make it clear This refund will be for this year only and not for annual renewals in future years.

Puerto Rico has seven Sam’s Clubs. “The value for your money at Sam’s Club is very good. It’s been a very successful business model,” Baez added.

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