Get more convenience with a Sam’s Club Mastercard and now through November 12, 2016, when you sign up and spend on your new Sam’s Club Mastercard, you could earn Double Cash Back for each eligible transaction made during the first 90 days of opening their new account. This could be worth looking into if you’re a frequent Sam’s Club Shopper. Of course, you will be capped at around $5,000 Cash-Back annually ($6,000 for gas purchases). Double Cash Back on a no annual fee induced card is definitely something worth taking an interest in.
Editor’s Note: The card does require Sam’s Club Membership and it will not act as a membership account card.
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Sam’s Club MasterCard Summary:
- Apply Now
- Best Feature: Earn 5% cashback on gas(on first $6,000 per year in purchases, then 1% on purchases after)
- Annual Fee: None
- Expiration Date: None
- Additional Advice: Take advantage of card features such price protection for up to 60 days and identity theft resolution services
Sam’s Club MasterCard Features:
- No annual fee
- Double Cash Back on Categories for the first 90 days:
- 5% cashback on gas(on first $6,000 per year in purchases, then 1% on purchases after)
- 3% cashback on dining and travel
- 1% cashback on other purchases
- Maximum of $5,000 in cashback rewards can be earned in a calendar year
- Cashback checks are issued each February for the cashback earned during the previous calendar year
- Cashback rewards are forfeited if the Sam’s Club MasterCard account is not in good standing, if the Sam’s Club Membership terminates or lapses, or if the cashback earned in a calendar year is less than $5.00
- Cashback checks will be made payable to Sam’s Club and may be cashed only at a Sam’s Club location
- For new accounts variable purchase APR is 14.90% or 22.90%
- The minimum interest charge is $2.00
- Price protection up to 60 days
- Identity theft resolution services
- Acceptance at all Sam’s Club and Walmart locations nationwide
- Doubles as your membership card
- Member photo on card protects you from fraudulent use
- Online account access at SamsClub.com/credit
Sam’s Club MasterCard Pros:
- Excellent cashback (now doubled for the first 90 days)
- No Annual Fee
Sam’s Club MasterCard Cons:
- Requires Sam’s Club Membership
- Points are capped annually
- limited to 5 and 3 category
Conclusion:
If you frequently shop with Sam’s, then consider signing up ASAP. Sam’s Club Mastercard is currently running a promotion that could earn you Double Cash Back on earned categories for the first 90 days of account opening. You will have until November 11, 2016 to apply for this. This could be a considerable win and I’m seriously contemplating on taking advantage of gas purchases (10%) throughout the duration of this promotion. Of course, you could also receive 6% on all eligible dining and travel purchases made. Keep in mind, that you will need to have membership in order to be approved for this card. To take advantage of these benefits, consider signing up today. Otherwise, find out which card is right for you by checking out our complete list of Credit Card Promotions today!