Does Sam’s Club Offer Price Drop Refund?

American membership-only warehouse retail store Sam’s Club offers a price drop refund. It is known as the Price Differences and Matching policy.  A buyer can claim a price match at Sam’s Club, if

The price of a product reduces within eight days of purchase. The product is being sold at a lower price at another club.

After the buyer presents all the proof, the club will adjust the price to the lowest. It can be any newspaper cutout, advertisement leaflet, website screenshot, or receipt of the same product. Then the buyer will get refunded the extra money. 

Sam’s Club matches its prices only with other clubs and its parent company Walmart, not its competitors. 

Terms And Conditions

Although Sam’s Club offers a price match policy,  there are specific criteria that have to be fulfilled. And those are

Sam’s Club will not match with its competitors like Costco, Target, etc. The buyer has to claim a price match within eight days of purchase. Only products bought through the website of Sam’s Club are eligible for price match. In-store purchases are not eligible. The products whose prices depend on regional rebates or government funding may not be eligible for price matches. Price matching is not applicable on clearance sales or markdown products. The price match will be considered for an identical product with the same model and features. A Sam’s Club member can claim a price match without a receipt for all products except some electronics, mobile devices, major appliances, etc. But a refund will be in the form of a gift card instead of the original payment method.

How To Apply For Price Match At Sam’s Club?

Applying for a price match at Sam’s Club is easy and convenient. Follow the mentioned guide for an easy process.

Online – To claim a price adjustment online-

Open the official website of Sam’s Club with your browser.  You will see a live chat option in the interface. After filling out some basic information, you can converse with a Sam’s Club associate. Once you get a hold of them, tell them about your price adjustment claim. Then, provide them with the required proofs and product information. After they verify everything, they will initiate the reimbursement process and tell you a time when you will be refunded.

In-store – Even though price match is not applicable on in-store purchases, you can claim price adjustment for an online-bought product at one of Sam’s Clubs. You have to talk to the store manager regarding that as all physical stores don’t have this facility.

Over Call – You can also call Sam’s Club customer care to ask for a price match at the toll-free number 1-800-749-5367.

Sam’s Club Return Policy

Sam’s Club has an incredibly forgiving Return policy that will leave its customers satisfied. 

They accept returns without a receipt if it comes back in the original packaging. They will take back the product even if it is opened or used with some limitations. If a buyer is dissatisfied with a product, they can choose to return it. They will get a replacement or a refund. A member can terminate their membership anytime they feel dissatisfied. And the club will refund the money paid for that calendar year. Any shipping charge or tax will also be refunded for returned products.

Conclusion

It’s great that Sam’s Club has a price drop refund. The company has effectively responded to the changing shopping patterns of its customers and given them a lucrative offer. Although, due to many rules and restrictions, many customers find the policy not that much rewarding. But Sam’s Club’s return policy is quite good. So if you see a product at a lower price elsewhere, you can return Sam’s Club’s product and buy it from there. It would be more profitable.

How long does it take to get the refund money?

If you are eligible for a refund from Sam’s Club, it will be credited back to you within 5 to 7 business days.

Can I claim a refund at Walmart on a purchase I made at Sam’s Club?

No, you cannot claim a refund for any products from Sam’s Club. Although they are sister stores, they manage their store separately.

How many people can use one Sam’s Club membership?

Two people can use one Sam’s Club membership and eight more people can be added to the same card with additional charges.