SAM’S Club shoppers will want to take advantage of a simple savings trick that could save them hundreds of dollars each year.
In fact, a study by non-profit Consumers’ Checkbook shows that both stores beat most other supermarket chain prices by between 30% and 40%.
But there might be a way to enjoy even more savings.
The perspective comes from an employee at the store who goes by TJ Rick.
The first thing you need to do
In a recent TikTok video, TJ, who is also a father, revealed two things to do so you can enjoy the big annual savings at the warehouse chain.
First, you need to sign up for one of the store’s membership programs.
They are offered in two tiers: club and plus, which cost $45 and $100 respectively per year.
If you are a regular shopper at the store, you might want to consider signing up for the plus plan because it offers some extra benefits.
For example, the plus membership will grant you privileges to free shipping, pharmacy savings, 2% cash back on qualifying store purchases and free curbside pickup.
“Really, you’re investing that money in yourself to shop with us,” TJ said.
The second thing you need to do
But the bigger savings comes with the next step, which is opening a Sam’s Club credit card.
First, keep in mind that opening up too many credit cards could negatively impact your credit score in the near term.
Meanwhile, it could help your rating in the long term as long as you’re making payments on time and using it responsibly.
Those who are already plus members will get their Sam’s Club cash back reward boosted to 3% by opening up a credit card; it will be just 1% for customers who have club tier plans.
Additionally, a Sam’s Club credit card will give you back 5% on gas anywhere in the country, 3% on dining and takeout and 1% on all other purchases.
TJ used an example of how much you might spend per month on the following expenses:
- Groceries: $400 (3%)
- Gas: $200 (5%)
- Restaurants: $200 (3%)
- Miscellaneous: $3,000 (1%)
When you do the math on the cash back, it equals $58 per month or $696 per year.
But the rewards may even go beyond for some customers, according to TJ.
“Some of our members are saving thousands of dollars per year just by using Sam’s club plus and Sam’s Club Mastercard together,” TJ said.
For more on how you can save money at retailers, see how you save up to 90% on a household essential item by using a savvy trick at the Dollar Tree.
A couponer demonstrates how she got two free items at Walmart.
Plus, see a shopping trick at Aldi that will get you more than just your money back.