You Can Save Up to $55 on a Sam's Club Membership Through Oct. 22

If you've been considering joining a warehouse club, you may want to become a Sam's Club member. The popular retailer is offering major discounts on memberships through Oct. 22.

New members can save $35 to $55 on a membership. For some shoppers, a warehouse club membership is an excellent tool to help them meet personal finance strategies. Getting a discount on groceries and household essentials could be a win for your bank account balance.

Don't miss this Sam's Club spooky savings membership event

October is well underway, so it's time for all things spooky. But it's not too early to start thinking about the upcoming holiday season. A warehouse club membership could be helpful if you still need to do your holiday shopping and plan to host friends and family for seasonal gatherings.

You could get deals on food and drinks and gift items like clothes and electronics. If you're not a Sam's Club member, you can benefit from the current membership sale through Oct. 22. New members who enroll in-club or online can save on their first year of membership costs.

Here's a breakdown of the current Sam's Club membership deals that are available:

• Get a one-year Club membership for $15 instead of $50 -- a savings of $35.
• Get a one-year Plus membership for $55 instead of $110 -- a savings of $55.

Which Sam's Club membership is right for you?

If you're considering joining, you may wonder which membership to buy. The Club membership is the standard membership type offered by Sam's Club. With this membership, you can shop all the advertised members-only deals in-club and online.

The upgraded Plus membership offers additional perks like free shipping on eligible online purchases, free curbside pickup, and the ability to get 2% back in Sam's Cash on qualifying purchases (you can earn up to $500 in Sam's Cash earnings per membership year).

It's worth noting that the membership discounts highlighted above only apply to new members and are only valid during the first membership year. You'll pay the usual annual membership rate if you continue to stay a member beyond the first year.

Still unsure if you should join? Here are some big perks of a Sam's Club membership.

Tips to maximize your savings while shopping at Sam's Club

Investing in a warehouse club membership could help you save money on everyday expenses. But with so many great sales, you may be tempted to overspend. You may want to create a shopping list before visiting your local club. This way, you don't rack up costly credit card debt.

To maximize your savings, review current sales before you shop. The Sam's Club mobile app and website outline what's on sale. The website and mobile app are also excellent places to research prices before shopping so you can honor your budget. Whether you shop in-club or online, you may want to consider using a rewards credit card when paying for your purchases.

With the right credit card in your wallet, you can get rewarded every time you shop. For example, a cash back credit card could be a great option if you want to earn money back on your regular purchases. Learn more about the benefits of these rewards cards by reviewing our list of the best cash back credit cards.