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October 20, 2026 / 10:42 AM EDT / CBS News

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Walmart on Tuesday debuted a discounted joint membership with Sam's Club, the retailer's warehouse club, in a bid to attract inflation-weary customers.

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Walmart said it's offering a combined Walmart+ and Sam's Club Plus membership for $120 a year, saving shoppers who buy them individually about $100 annually, according to the company.

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The joint membership gives customers access to members-only discounted prices at Sam's Club, free delivery on goods from both retailers, a Peacock or Paramount+ subscription plan, 10 cents off on gas at 17,000 stations across the U.S. and rewards on eligible purchases (Paramount+ is owned by Skydance, which also owns CBS News).

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"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," Walmart CEO John Furner said in a statement.

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Existing members can also upgrade their plans. Walmart+ members can switch to the dual membership for $22 more per year, while Club members can upgrade to Sam's Club Plus for $60 more per year, which includes Walmart+.

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Walmart is betting that low prices and discounts will draw cash-strapped Americans into its stores. In August…

Original source: https://www.cbsnews.com/moneywatch/

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