Sam's Club Raising Membership Fees Starting May 1

Sam's Club is raising its membership prices by $10 a year for all members beginning May 1. A standard membership will now run $60 annually, while a Plus membership climbs to $120 per year.

Plus members will see a new benefit alongside the price increase, with the Walmart-owned retailer offering up to $750 a year in Sam's Cash rewards.

The company is also expanding its footprint this year, adding six new U.S. locations.