Credit Cards » Credit Card Education » FAQs: Сredit cards for Sam’s Club Shopping
I spend a lot of time and money shopping at Sam's Club. I saw that they have a store credit card – should I apply for it?
Answered by Vanessa Watson, expert at CreditCardFlyers.com:

That's a good question! Sams Club has two cards in play right now, which are only available to club members, so let’s take a look at what they offer.

Sam's Club® Credit Card
Sam\'s Club® Credit Card
This card doubles as a Sam's Club membership card, and while you’re shopping at Sam's Club it’s also a credit card. This card cannot be used at other retailers, with the exception of Walmart. The APR for the Sam’s Club Credit Card is 22.90%, which is rather high, but there is no annual fee.
Sam's Club® MasterCard®
Sam\'s Club® MasterCard®
The Sam's Club MasterCard is actually a branded credit card issued by Synchrony Bank. With this card you can earn rewards, whether you’re shopping at Sam's Club or another merchant. People earn 5% cash back on gas, 3% on travel and eating out, and 1% on all other purchases. There is a $5,000 cap on how much cash back you can earn in any given year. The APR for this card is either 14.90% or 22.90 % depending on your creditworthiness. The card includes identity theft resolution services and price protection for 60 days.
The low down

Store cards can be really appealing when you see the application at the register, but it’s a good idea to take a close look at what you actually get with these cards to make sure you get the most lucrative card.
That said there are some real downsides to signing up for a store card offering low grade rewards and high APR's. In this case both are true with the Sam's Club Credit Card – its APR of 22.90% is on the high side, this card does not earn rewards, and it can only be used at Sam's Club and Walmart giving it less reach.

Now the Sam's Club MasterCard does offer you more, in terms of actually letting you earn cash back on purchases, but the APR is still on the high side. There are other traditional cards offering low or a no interest promotional APR. While you do earn cash back on a wide range of purchases, when you read the fine print you find that there is a $5,000 cap on your earning power. Here too if you shop around you may find a card offering a more lucrative rewards program with either no cap or a higher one, and even possibly a lucrative sign-on bonus..

Barclaycard CashForward™ World MasterCard®
For Excellent Credit
Barclaycard CashForward™ World MasterCard®

0% Intro APR on Purchases: 12 months

Ongoing APR: 15.24%, 19.24% or 23.24%* Variable

Rewards Program:

  • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening
  • Earn unlimited 1.5% cash rewards on every purchase
  • Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption
  • Redeem your cash rewards for a deposit into your bank account, a statement credit or gift cards. Redemptions start at $50
  • Cash rewards do not expire as long as your account is open, active and in good standing
Credit One Bank® Visa® - No Deposit Required
For Fair Credit
Credit One Bank® Visa® - No Deposit Required

0% Intro APR on Purchases: N/A

Ongoing APR: 15.65% - 24.15% Variable

Rewards Program:

  • Automatic reviews for credit line increase opportunities
  • See if you Pre-Qualify without harming your credit score
  • Zero fraud liability protects you from unauthorized charges
Capital One® QuicksilverOne® Cash Rewards Credit Card
For Average, Fair, Limited Credit
Capital One® QuicksilverOne® Cash Rewards Credit Card

0% Intro APR on Purchases: until January 2017

Ongoing APR: 23.24% (Variable)

Rewards Program:

  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign ups needed to earn cash rewards; plus, cash back doesn’t expire and there’s no limit to how much you can earn
Journey® Student Rewards from Capital One®
For Average, Fair, Limited Credit
Journey® Student Rewards from Capital One®

0% Intro APR on Purchases: N/A

Ongoing APR: 20.24% (Variable)

Rewards Program:

  • Earn 1% cash back on all your purchases. Pay on time to boost your cash back to a total of 1.25% for that month
  • There’s no limit to the amount of cash back you can earn, and rewards don't expire
Barclaycard Rewards MasterCard®
For Fair Credit
Barclaycard Rewards MasterCard®

Ongoing APR: 25.24%* Variable

Rewards Program:

  • 2X points on gas, utility and grocery store (excluding Target® and Walmart®) purchases. 1x points on all other purchases
  • Points don't expire as long as account is open, active and in good standing
  • Redeem points for deposits to a U.S. checking or savings account, statement credits or gift cards, starting at 1,000 points for $10
  • No limit on the number of points you can earn or redeem
Milestone Gold MasterCard®
For Fair / Good Credit
Milestone Gold MasterCard®

0% Intro APR on Purchases: N/A

Ongoing APR: 23.9%

Whether you’re at Sam's Club, Walmart, or another retailer, shopping around for deals can pay off. The same holds true when you’re looking for a new credit card.

About the expert:
Vanessa Watson, 35
financial expert at CreditCardFlyers.com
I love frugal shopping. As a credit expert, I
want to share my experience with other
people.
Have questions?

Best Credit Cards:
Barclaycard CashForward™ World MasterCard® Barclaycard CashForward™ World MasterCard®
0% Intro APR on Purchases:
12 months

Ongoing APR:
15.24%, 19.24% or 23.24%* Variable
For Excellent Credit
Credit One Bank® Visa® - No Deposit Required Credit One Bank® Visa® - No Deposit Required
Key Feature:
1% cash back on select purchases, terms apply
For Fair Credit
Capital One® QuicksilverOne® Cash Rewards Credit Card Capital One® QuicksilverOne® Cash Rewards Credit Card
0% Intro APR on Purchases:
until January 2017

Ongoing APR:
23.24% (Variable)
For Average, Fair, Limited Credit