We're thrilled to present this smart LearnVest story here on Savvy!
Discount warehouses are your answer if you’re looking to stock up on hors d’oeuvres for your next dinner party, get the latest electronics and buy a new futon for your living room all in one trip. Costco and Sam’s Club are the wholesale reigning kings, offering their members a convenient one-stop-shop for all of their big and small household needs. But the question is: Which store gives you more bang for your buck?
Product analysis website Cheapism recently did a side-by-side comparison of the two wholesale stores. Here’s a look at the breakdown of this heated face-off.
Membership Fees: Both stores offer tiered membership options with higher membership costs translating into perks such as discounts and cash back. Sam’s Club has a cheaper basic membership fee with more in-store benefits. Costco has a higher membership fee but includes services like car and home insurance as well as discounted travel. Costco’s top-tier Executive Membership offers refunds, which is a great deal for big shoppers.