If you're like me, and hoard those Bed, Bath and Beyond coupons, there's a rumor the company might be doing away with their infamous coupons. 

The 'TODAY' show, citing a report by the Wall Street Journal says the housewares chain is making moves toward a 'pay-to-save' membership model. Which means, customers would pay an annual fee ($29) to then receive 20% off all purchases, plus free shipping.

The program will be called Beyond+ and it is currently being tested on an invitation-only basis. Analysts say it will benefit customers who spend over $145 per year.

Credit Karen Kiley