The Sam’s Club® Mastercard® is a rewards credit card issued by Synchrony Bank that provides significant benefits for members of Sam’s Club, the well-known warehouse retailer.
This card offers a robust rewards program, making it an attractive option for those who frequently shop at Sam’s Club and other eligible retailers.
With its combination of cashback rewards and exclusive perks, the Sam’s Club® Mastercard® offers value not only on purchases made at Sam’s Club but also on other everyday spending categories.
About the Issuer
The Sam’s Club® Mastercard® is issued by Synchrony Bank, a major financial institution known for offering a variety of credit cards and financing options.
Synchrony partners with numerous well-established retailers and financial service providers, and the Sam’s Club® Mastercard® is part of its suite of credit offerings.
Sam’s Club itself is a wholesale membership warehouse operated by Walmart, providing members with access to bulk products at discounted prices.
Who Should Consider This Card?
The Sam’s Club® Mastercard® is well-suited for:
Sam’s Club members who want to maximize their rewards on in-store and online purchases at Sam’s Club.
Frequent gas buyers who want to earn high cashback rates on fuel.
Dining enthusiasts who enjoy earning cashback at restaurants.
Who Should Avoid This Card?
Non-Sam’s Club members, as the card requires a Sam’s Club membership for enrollment and maximized benefits.
Consumers who don’t spend much on gas or dining may not find the card’s rewards program as beneficial.
People who do not want to use a store-specific card, as the Sam’s Club® Mastercard® ties directly to Sam’s Club membership benefits.
Top Benefits of the Sam’s Club® Mastercard®
High Cashback Rewards
- 5% cashback on gas purchases: Earn 5% cashback on the first $6,000 spent annually on gas (then 1% after that). This applies to both Sam’s Club gas stations and other gas stations worldwide.
- 3% cashback on dining: Earn 3% cashback on dining purchases, including restaurants, takeout, and bars.
- 1% cashback on all other purchases: For every other purchase made on the card, earn 1% cashback, including purchases at Sam’s Club and other retailers.
- Annual cashback payout: Cashback is paid annually in the form of a reward certificate that can be used toward purchases at Sam’s Club or converted into cash.
No Annual Fee
- The Sam’s Club® Mastercard® has no annual fee for the cardholder, making it an affordable option for those who want to earn cashback without having to pay for the privilege of owning the card.
- Sam’s Club membership fee still applies, but the card itself does not add any additional costs.
Exclusive Sam’s Club Perks
- As a Sam’s Club member, cardholders enjoy access to special discounts and deals at the warehouse.
- Access to exclusive events, including special shopping hours or promotions available only to members.
- The Sam’s Club® Mastercard® provides an easy way to earn rewards while shopping for bulk groceries, home goods, and other items at the club.
Global Acceptance
- The Sam’s Club® Mastercard® is a Mastercard, meaning it is accepted worldwide.
- You can use the card for purchases anywhere Mastercard is accepted, whether you are traveling or shopping online.
- Contactless payment options make transactions quick and secure.
Simple and Transparent Rewards Program
- The card has a straightforward rewards structure with no rotating categories or complicated rules.
- 5% cashback on gas, 3% on dining, and 1% on all other purchases means cardholders can easily earn rewards on their everyday spending.
- Cashback is automatic, with no need to activate specific categories or track bonus spending.
Fees & Interest Rates
Annual Fee: $0
APR (Interest Rate): Variable APR ranging from 15.74% to 25.74%, based on creditworthiness.
Cash Advance Fee: 3% of the amount advanced or $10, whichever is greater.
Foreign Transaction Fees: None
Late Payment Fees: Up to $38
Returned Payment Fee: Up to $38
Cashback Redemption: Annual cashback payout in the form of a reward certificate.
Is the Sam’s Club® Mastercard® Worth It?
The Sam’s Club® Mastercard® is an excellent choice for Sam’s Club members who want to earn rewards on gas, dining, and other purchases.
Its straightforward cashback program is ideal for those who appreciate simplicity and want to earn rewards on their everyday spending.
Pros:
5% cashback on gas purchases.
3% cashback on dining.
1% cashback on all other purchases.
Cons:
Requires a Sam’s Club membership.
Cashback rewards are paid annually as reward certificates (not immediately).
Higher interest rates if carrying a balance.
Expert review
The Sam's Club Mastercard is an excellent choice for frequent Sam’s Club shoppers, offering up to 5% cash back on gas, 3% on dining and travel, and 1% on other purchases.
It has no annual fee (with a Sam’s Club membership) and provides solid rewards, especially for fuel purchases.
However, cash back is redeemable only once a year, and rewards are limited to Sam’s Club members, making it less attractive for those who don’t frequently shop at the warehouse club.
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+Positive points
- High Gas Rewards: Earn 5% cash back on gas purchases, up to $6,000 annually.
- Strong Dining & Travel Rewards: Get 3% cash back on dining and travel expenses.
- No Annual Fee: No additional cost beyond the required Sam’s Club membership.
- Sam’s Club Membership Benefits: Works as a membership card, streamlining purchases.
- Accepted Anywhere Mastercard is Used: Not limited to Sam’s Club stores.
- Negative points
- Rewards Redemption Restrictions: Cash back can only be redeemed once a year at Sam’s Club.
- Membership Requirement: Requires an active Sam’s Club membership to apply and keep using.
- No Introductory APR Offers: Lacks promotional APR rates for new purchases or balance transfers.