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Here's how to get a Sam's Club membership for just $8

Sam's Club is offering the discounted yearly memberships for a limited time only.

INDIANAPOLIS — If you've been waiting for the price of a Sam's Club membership to drop, then today is your lucky day!

As part of a Fourth of July celebration, Sam's Club is offering its yearly membership for a fourth of the normal cost at just $8. A basic membership to the warehouse store usually costs $45.

(NOTE: The video in they player above is from an earlier VERIFY story on the price of Costco's hot dog combo.)

The offer is only available for new members and those that have had an inactive account longer than six months.

While the deal is good for those looking to buy in bulk, current members were critical of the company's announcement on Twitter. Several people asked why they couldn't renew for a similar cost and wondered why the company isn't offering a loyalty discount.

Through June 26, you can redeem the discounted yearly membership in-person at all Sam's Club locations. Just mention the "Fourth of July offer" at the membership desk. The $8 membership deal does not include the Sam's Club "Plus" membership, which includes free shipping and pharmacy discounts.

RELATED: No, Costco is not raising the price of its hot dog combo

"We're excited to be able to bring back our $8 membership offer and let more people discover the quality, convenience, and value that Sam's Club offers,"  Ciara Anfield, the company's chief member and marketing officer, said in a news release.

Additional discounts on seasonal items, entertainment, and clothing will also be available during this time period. 

To find which Sam's Club warehouse is nearest to you, visit their website.

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