The Sam’s Club® Credit Card * and the Sam’s Club® Mastercard® are entirely different products. Your potential benefits will vary depending on your purchasing behavior. Our sample household spends $2,479 at gas stations, earning $123.95, $3,856 on dining earning $115.68, $669 at warehouse clubs earning $20.07 (assuming Plus membership and spending only at Sam’s Club) and $29,173 on all other spending earning $291.73 for a total of $551.43 each year. The 70th percentile of wage-earning households brings in $116,000 annually and total annual credit card spending of $36,177. Rewards Potentialįorbes Advisor used data from various government agencies to determine both baseline income and spending averages across various categories. Deposit into a bank account is not allowed. You can only take the earnings as a statement credit or toward a purchase being made at Sam’s either at the register or. You must have an active membership and card account to redeem your earnings. Rewards on the Sam’s Club card can only be redeemed once annually in February. With a standard Sam’s Club membership, the rewards rate on Sam’s Club spending drops to 1%. The Sam’s Club Mastercard will earn 5% Cash Back Rewards on gas anywhere (up to $6,000), 3% Cash Back Rewards on dining and takeout, 3% Cash Back at Sam’s Club for Plus Members and 1% Cash Back Rewards on all other eligible purchases. That makes this card a poor choice for mega-spenders in any category. Once you’ve accrued a total of $5,000 in Sam’s cash-back rewards per calendar year, you won’t earn any more rewards until the new annual period begins. The Sam’s Club card isn’t without speed bumps, however, even with those revved-up rewards on gas. If you already belong to Sam’s Club, road warriors and frequent road-trippers may find this card is worth it just for the rewards at the pump. But for most, the major value of this card lies with the generous rewards on gas spending. Someone who spends a lot at Sam’s Club will fare well with this card and a Sam’s Club Plus membership. If you’re a regular Sam’s Club member, your Sam’s Club purchases will earn only 1% though all other earnings remain the same. The card earns 5% Cash Back Rewards on gas anywhere (up to $6,000), 3% Cash Back Rewards on dining and takeout, 3% Cash Back at Sam’s Club for Plus Members and 1% Cash Back Rewards on all other eligible purchases, but only if you’re a Sam’s Club Plus member, which costs $110 per year (compared to $50 for a basic membership). The rewards, rules and stipulations surrounding the Sam’s Club Mastercard are enough to make you say “What in the Sam Hill?!” The card boosts the earning power for Sam’s Club members, both at the store and in several other areas of spending, notably on gas and dining. Applying made easy: The Sam’s Club Mastercard is now available to apply for in all in-Club and digital channels including: at member services, at the point of sale – including through Scan & Go on Sam’s Club Mobile App,, Text-to-Apply, and Self-Checkout enabled with Synchrony’s patent-pending dApply technology, API’s, and the Synchrony plug-in (‘SyPi’).Digitized rewards: No more paper checks! Rewards are automatically loaded onto membership cards and can be used for future purchases made both online and in-club, or exchanged for cash back.Mobile first: Sam’s Club cardholders can easily make purchases, track spending, check and pay balances, and securely manage and freeze accounts via the Sam’s Club mobile app enabled by the Synchrony plug-in (‘SyPi’).Less contact: As consumers look for ways to transact without touching cash, cards, or keypads, Synchrony has enabled Sam’s Club with contact-free technology, including the integration of payments capabilities into Sam’s Scan & Go patented solution, both in-club and at the pump.Savings: For everyday eligible purchases, the credit card offers an industry leading 5% cash back on gas anywhere (up to $6,000), 3% cash back on dining and takeout, and 1% cash back on all other eligible purchases.More value: 3 + 2 = 5: Plus members earn 3% back on eligible purchases when shopping in-club or digitally through Sam’s Club when they use their Sam’s Club Mastercard and another 2% back from their Plus membership, for a total of up to 5% rewards on eligible purchases.Get a $30 statement credit when you open a Sam’s Club® credit card account and make $30 or more in Sam’s Club purchases within 30 days of date of account opening.
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