3 Reasons to Cancel Your Sam's Club Membership and Join Costco Instead


Warehouse clubs can help you save money with the deals they offer consumers. Joining multiple clubs rarely makes sense, though, as each one comes with membership fees. Plus, there’s a good amount of overlap in what the different clubs sell.

If you’re a Sam’s Club member, this doesn’t mean Costco shouldn’t be on your radar, though. In fact, Costco offers some benefits that Sam’s doesn’t — and these benefits could justify a switch.

To help you decide if that’s the case for you, take a look at three reasons why you might want to cancel your Sam’s Club membership and join Costco instead.

1. Kirkland Signature brand products

Both Sam’s and Costco have house-brand products. Sam’s sells Member’s Mark products and Costco sells Kirkland Signature products. Kirkland products are fewer in number than Member’s Mark products. Around 350 are available. However, the quality exceeds the quantity.

Our Picks for the Best High-Yield Savings Accounts of 2024

APY

4.25%



Rate info

Circle with letter I in it.


4.25% annual percentage yield as of July 24, 2024


Min. to earn

$1

APY

5.25%



Rate info

Circle with letter I in it.


To ensure you keep getting the highest rate at UFB, you’ll need to keep an eye on their rates. Occasionally, the bank launches new accounts with higher rates. Existing accounts need to contact the bank to request being moved to one of these new accounts.


Min. to earn

$0

APY

5.31%



Rate info

Circle with letter I in it.


5.31% annual percentage yield (APY) is accurate as of 7/11/2024 and subject to change at the Bank’s discretion. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.


Min. to earn

$500 to open, $0.01 for max APY

Costco takes the quality of Kirkland products very seriously, with the CEO signing off personally on each one. The priority has always been to ensure the house-brand products are equal to or better than national brands, with prices at least 20% cheaper.

The warehouse club has largely succeeded in its objective of establishing Kirkland products as being both affordable and awesome. There are many devoted followers who love Costco’s house-brand products with a passion. Sam’s Club’s in-house brands simply don’t have the same devoted followers that Costco’s do.

2. Discounts on home and auto coverage

Costco provides opportunities to save that Sam’s Club doesn’t. These opportunities go beyond the chance to purchase cheap products when you break out your credit cards at Costco warehouses.

Specifically, you can buy discounted home and auto insurance through Costco, but Sam’s doesn’t have a comparable option.

Costco reports that members were able to save an average of $595.86 when they signed up for auto insurance through the Costco partner, CONNECT. That’s a lot of saved money just for switching to Costco from Sam’s and taking advantage of its insurance offerings.

You’ll still want to compare insurance costs and get a quote to make sure CONNECT really does offer you the best price before you switch your current coverage. However, the fact that Costco membership allows you to access this discounted auto insurance is just one key way in which this warehouse club does a little bit more to improve your financial situation than Sam’s Club does for its members.

3. Bigger stores

Finally, size matters when it comes to warehouse club shopping. Both Costco and Sam’s can be busy places filled with an endless stream of customers and thousands of large bulk items for sale. Having more breathing room to move around is a definite perk that can’t be overlooked.

That’s especially true since the size difference between Sam’s Club and Costco isn’t small. The average Costco store is around 147,000 square feet, while Sam’s Club warehouse clubs average around 136,000 square feet. That’s more than 11,000 square feet bigger. This makes a difference when you’re trying to move around with your oversized shopping cart.

For all of these reasons, it’s seriously worth thinking about switching from Sam’s Club to Costco. Since Costco has a great return policy and will refund your membership fee if you aren’t satisfied, you have nothing to lose by making the change and giving a new warehouse club a try.

Alert: our top-rated cash back card now has 0% intro APR until 2025

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a lengthy 0% intro APR period, a cash back rate of up to 5%, and all somehow for no annual fee! Click here to read our full review for free and apply in just 2 minutes.



Source link

About The Author

Scroll to Top