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® Consumer Credit Card
Sam′s Club® Consumer 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. For example, Discover cards give access to Discover Deals where cardholders can earn additional cash back. So, shopping at Sam\’s Club via Discover Deals will bring you 5% cash back.

Discover it®
For Excellent Credit
Discover it®

0% Intro APR on Purchases: 12 months

Ongoing APR: 10.99% - 22.99% Variable±

Rewards Program:

  • 5% cash back in categories that change each quarter like gas, restaurants and more - up to the quarterly maximum when you sign up.
  • 1% cash back on all other purchases.
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 March 2016

Ongoing APR: 22.9% (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.
Credit One Bank® Credit Card with Gas Rewards
For Fair Credit
Credit One Bank® Credit Card with Gas Rewards

Ongoing APR: 17.90% - 23.90% (Variable)*

Rewards Program:

  • Unlimited 1% cash back gas rewards.
  • Rewards post to your account automatically each month.
  • Get Pre-Qualified without affecting your credit score.
  • Automatic reviews for credit line increase opportunities.
  • Zero fraud liability protects you from unauthorized charges.
Journey® Student Rewards from Capital One®
For Average / Fair / Limited Credit
Journey® Student Rewards from Capital One®

Ongoing APR: 19.8% (Variable)

Rewards Program:

  • Earn 1% cash back on all purchases, plus a 25% bonus on the cash back you earn each month you pay on time, for a total of 1.25% cash back
  • There′s no limit to the amount of cash back you can earn, and rewards don′t expire.
Discover it®
For Excellent Credit
Discover it®

0% Intro APR on Purchases: 6 months

Ongoing APR: 10.99% - 22.99% Variable±

Rewards Program:

  • 5% cash back in categories that change each quarter like gas, restaurants and more - up to the quarterly maximum when you sign up.
  • 1% cash back on all other purchases.

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?

* See Card Terms & Conditions for Details.
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Best 0% Intro APR
Credit Cards:
Capital One® Quicksilver® Cash Rewards Credit Card Capital One® Quicksilver® Cash Rewards Credit Card
0% Intro APR on Purchases:
until March 2016
For Excellent / Good Credit
Discover it® Discover it®
0% Intro APR on Purchases:
12 months
For Excellent Credit
Capital One® QuicksilverOne® Cash Rewards Credit Card Capital One® QuicksilverOne® Cash Rewards Credit Card
0% Intro APR on Purchases:
until March 2016
For Average / Fair / Limited Credit