Shopping at Sam’s Club and Walmart has become easier. One card does it all. It is a membership card, and also a credit card with tons of rewards on gas, travel, and dining purchases. Sam’s Club offers two types of credit cards, a store credit card that can be used at Sam’s Club and Walmart stores. And, a MasterCard that is valid anywhere MasterCard logo is available.
The rewards change between 1% and 5%, depending on the categories of gas, dining & travel, and other purchases.
- 5% cash back on gas at Sam’s Club on first $6,000 per year in purchases, after that 1% on purchases.
- 3% cash back on dining and travel
- 1% cash back on other purchases
However, you can only redeem the cash backs once a year and only at Sam’s Club locations within 180 days of the checks being issued, otherwise, the rewards expire. The checks are mailed to your address once a year.
And, there is a maximum limit of $5000 for the cash backs, which is unlikely to be a problem if you spend less than about $150,000 a year.
Benefits & Features of Sam’s club credit card
There are lots of Sam’s Club credit card benefits. First, once you use your card for a single-receipt purchase of $45 or more the same day you open your account via SamsClub.com, you will earn a $45 credit.
Secondly, you will earn 3% cash back, if you make Scan and Go purchases with your Sam’s Club credit card.
Thirdly, as long as you are a member of Sam’s Club, there is no annual for any of the cards, which is not really common for a card with lots of cash backs mentioned above. However, Sam’s Club annual membership fee is $45.
Additionally, Purchase APR is 14.9% to 22.9% variable depending on your creditworthiness.
If you are a Sam’s Club member and spend a lot on gas, travel, and dining, ( Sheetz Credit Card is also a best credit card for shopping needs )Sam’s Club credit cards are probably the best for you. With 5% cash back on gas purchases, it is currently one of the highest compared to other credit cards.
Besides, you will be able to get 3% cash back on dining and travel, and 1% back on other purchases, when you use your Sam’s Club MasterCard.
It is a secure card with smart chip security, and you will not be held responsible for unauthorized transactions with $0 fraud liability feature. The company also offers cardholders cybersecurity though MasterCard ID theft.
Sam’s Club Credit Card Application & Online Management
The cards and online services are managed by retail store credit card leader Synchrony bank. You can apply for the card conveniently through the Sam’s Club secure website, which also offers online account management for the cardholders. After you register your card online, convenient access to your account information. It is an easy way to keep track of your account, check your statements, and pay your Sam’s Club credit card bills.
To summarize, the Sam’s Club credit card offers high rewards on gas, travel, and dining purchases. If you’re already a Sam’s Club member and have expenses in any of these categories, it is a perfect credit card for you.