The Sam's Club Mastercard is not one of our top-rated cash back credit cards. You can review our list of the best cash back credit cards for what we think are better options. Show
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Pros
Cons
Pros Explained
Cons Explained
This Card is Best For
The Sam's Club Mastercard is designed for consumers who regularly shop at Sam’s Club and want a convenient way to pay with a card that doubles as a membership card. This card could also be a good choice for anyone who drives a lot. As of 2020, the average household spent about $1,568 a year on gas, according to the Bureau of Labor Statistics. So even if you’re just average, you’d collect $78.40 in cash back, which is more than enough to justify the cost of a regular Sam’s Club membership. Additionally, with the 3% cash back on dining and takeout, this card can be good for those who like to spend money on eating out. But consumers who want a card that rewards them for everyday spending, such as groceries, might be better off looking elsewhere. For example, the American Express Blue Cash Everyday card offers 3% cash back at U.S. supermarkets (up to $6,000 in purchases, then 1%), as well as 2% cash back at U.S. gas stations and certain department stores. The SavorOne Rewards card from Capital One offers 3% cash back at grocery stores, dining, and entertainment. Rewards Earning DetailsCardholders earn 5% cash back on up to $6,000 in gas purchases per year. Additionally, the card offers 3% cash back on dining and takeout. Other purchases earn 1%. There's also a $5,000 cap on how much cash back you can earn in a year. Rewards Redemption DetailsCash-back rewards can be redeemed only at Sam's Club locations, including SamsClub.com. How to Maximize Your RewardsThe best way to maximize rewards with the Sam's Club Mastercard is to use it to buy gas, at least until you’ve spent $6,000, at which point the 5% cash back drops to 1%. It also would be worthwhile to maximize use of this card for dining and takeout to take advantage of the 3% cash back earnings for these categories. The Sam's Club Mastercard also could be used to complement another credit card, with a different rewards structure. For example, you could use the Amex Blue Cash Everyday card to get 3% back on groceries (on up to $6,000 in purchases) and then use the Sam's Club card for its 5% cash back on gas, which is much higher than Blue Cash Everyday's 2% gas earnings rate. Sam's Club Mastercard's Standard BenefitsThere is no foreign transaction fee for the card's standard benefits. Cardholder ExperienceSynchrony Bank, which issues the Sam's Club Mastercard, came in 9th out of 11 national credit card issuers in J.D. Power's 2021 U.S. Credit Card Satisfaction Study. It scored 788 out of 1,000 points, compared with the national average of 809 points. Cardholders can manage their Sam's Club Mastercard account online, making it easy to view statements, pay the bill, and set up account alerts. Security FeaturesFor the most part, the Sam's Club Mastercard provides security measures common to other Mastercards. This includes zero liability for fraudulent purchases and ID theft protection. The card doesn’t offer much in the way of additional security. Our VerdictThe Sam's Club Mastercard could work well for anyone who wants 5% cash back on gas or 3% cash back on dining and takeout. However, it might be best for people who already have a Sam’s Club membership, since that’s required in order to redeem rewards. If you're looking for more flexible cash-back rewards with tiered categories, the Blue Cash Everyday card from American Express and the SavorOne Rewards card from Capital One could be good alternatives. However, the Sam's Club Mastercard can also be a useful complement to another card, especially one with higher rewards on purchases like groceries. What are the benefits of a Sam's Club Mastercard?Individual Cards. 5% cash back on gas anywhere that Mastercard is accepted (for the first $6,000 a year, then 1% after). 3% cash back on Sam's Club purchases for Plus Members (Club Members earn 1%). 3% cash back on dining and takeout.. 1% cash back on other purchases wherever Mastercard is accepted3.. What credit score do you need for a Sam's Club Mastercard?The credit score needed for the Sam's Club® Credit Card is at least 700. That's in the “good” credit range but barely meeting a card's minimum requirements is far from the ticket to high approval odds. You'll need income to make your payments, and the issuer will look at several other factors, too.
Is Sam's Club Mastercard good anywhere?The Sam's Club® Credit Card can be used anywhere Mastercard is accepted. That is pretty much anywhere, as Mastercard benefits from extensive worldwide acceptance. The Sam's Club® Store Card can also be used at Walmart locations in the U.S. and Walmart.com, but you won't be able to use it at Walmart Fuel Stations.
What is the difference between Sam's Club credit card and Sam's Club Mastercard?The Sam's Club Store Card and the Sam's Club® Mastercard® are entirely different products. The Mastercard is an “open-loop” card meaning it can be used outside of the warehouse club. The Sam's Club Credit Card is a store-only credit card without rewards that's only accepted at Sam's Club and Walmart stores.
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Is sams club mastercard a good card
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