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Thanks to an ongoing Sam’s Club membership deal and a new Amex Offer, it might be possible to make a profit of almost $60 when buying a Sam’s Club membership. Here’s how to stack the offers:
Offer 1 – Scan & Go For It – $45 Back
We’d written about this offer a couple of months ago, so see: [Back again] Sam’s Club Membership: Stack Offers To Make $19 Profit. That offer was due to expire on February 28 and it was then extended to March 7. Despite the website still listing March 7, a reader subsequently advised that the email they send you with a link to sign up lists April 21 as the expiry date.
To quickly summarize that offer, you sign up using a special link and get $45 off your first purchase. Something important to note is that you have to spend $45 on items with no instant savings. I went to Sam’s Club last week to take advantage of the offer and it didn’t trigger the $45 discount. That’s because I’d forgotten about the exclusion regarding instant savings, so I had to head back round the store to pick up a few different items.
Given that a Sam’s Club membership costs $45, the $45 you get back effectively means you break even. These following stacking opportunities are what can make it profitable.
Offer 2 – Amex Offer – $25 Back
A new Sam’s Club membership Amex Offer appeared today and is targeted. This offers $25 back when spending $45, so it’s a pretty good deal.
In Doctor of Credit’s coverage of it, Chuck had said that he thought the Amex Offer and the Scan & Go For It offers should stack. I wasn’t entirely sure that’d be the case initially as the Scan & Go For It offer requires the use of coupon ID 11930 or 11931, while the SamsClub.com/JoinAMEX link displays a coupon ID of 11659.
Both Chuck and another commenter made good points though. Chuck mentioned that American Express just tracks the charge which makes sense – the coupon ID is more for Sam’s Club’s benefit in order to track which promotion encouraged a member to sign up.
The other commenter also managed get the Amex banner to show up having clicked a Scan & Go For It link. He also provided a link in his comment that includes both the Scan & Go For It and Amex Offer coupon IDs, so that might work.
Offer 3 – Cashback Portal – $3.15
Several shopping portals are currently offering 7% cashback when taking out a Sam’s Club membership. Based on the membership fee of $45, you’d earn $3.15 cashback.
To include this in the stack, you’d need to first click through to Sam’s Club from the shopping portal, then copy and paste the Scan & Go For It URL in the address bar. I can confirm that I did this a week or two ago and the transaction tracked through TopCashback. It’s still in pending status, but I’d imagine it’ll move to confirmed and then become payable in the coming weeks and months.
Offer 4 – Acorns – $10
Acorns offers $10 in Found Money when paying for a Sam’s Club membership with a card linked to your Acorns account. We paid for my Sam’s Club membership using one of my wife’s cards and $10 is now pending in her Acorns account.
If you’re new to Acorns, feel free to use one of our referral codes with our thanks – you’ll get $5 as will we when you invest at least $5:
Offer 5 – Dosh – $20
Dosh offers $20 cashback when paying for a Sam’s Club membership with a card you’ve linked to the Dosh app.
In the past, they offered the $20 cashback on any Sam’s Club membership, but the in-store offer recently stated that it was only payable when taking out a $100 Plus membership, whereas the online offer didn’t include that requirement. When checking the app just now though, that $100 Plus membership requirement has been completely removed, so there shouldn’t be any risk that you won’t receive the $20 back due to that.
Having said that, my cashback didn’t appear to track with Dosh when I took out my membership, so I’ve just followed up with them about that.
If you stack all these offers, you should get the following back:
- $45 from Scan & Go For It.
- $25 from Amex Offer.
- $3.15 from shopping portal.
- $10 from Acorns.
- $20 from Dosh.
That’s a total of $103.15 which, after you account for the $45 membership fee, becomes a profit of $58.15.