Sam’s Club Boosts Mastercard Rewards for ‘Plus’ Members

Woman standing in a kitchen looking at her credit card, next to a bag of groceries.


Sam’s Club is now offering its top-tier members an extra 2% back in rewards on club purchases when they use the Sam’s Club Mastercard, according to a Wednesday announcement. 

Starting Wednesday, members of the warehouse club who have this card and pay for a “Plus” membership can earn up to 5% cash back on Sam’s Club purchases (in stores or online)—2% more than Club members already earn with the card. 

The program update also removed the 3% back on travel purchase rewards that the Mastercard formerly offered. The category was cut to better align the program with its cardholders’ actual use of the Mastercard, Sam’s Club said. Travel wasn't a popular spending category among Sam’s club cardholders even before the pandemic disrupted travel plans.

The Sam’s Club Mastercard, issued by Synchrony Bank, rewards-earning rates are now as follows: 

  • 3% cash back on eligible Sam’s Club purchases, in-store or online (up to 5% back for Plus members)
  • 5% cash back on fuel purchases made anywhere, on up to $6,000 in purchases annually
  • 3% cash back on dining and takeout purchases
  • 1% cash back on everything else

For consumers who are already Sam’s Club Plus members (or don’t mind upgrading to the $100 a year membership), these earning rates are quite competitive. They outshine rates offered by Citi’s Costco Anywhere Visa, and measure up to the earning rates of the Amazon Prime Rewards Visa Signature card, a similar warehouse store-branded card with a 5% earning rate that is tough to beat.

Sam’s Club fans with long work commutes, gas-guzzling vehicles, or who enjoy road trips can earn $300 back in gas rewards each year with this card. The 5%-back earning rate is one of the highest on the market right now.

The Sam’s Club rewards program updates go beyond the refreshed earnings rates. All Club members will now get their rewards issued digitally instead of via paper checks. Rewards will be automatically loaded onto membership cards to then be used for more Sam’s Club purchases or redeemed for cash back.  

To promote easier and safer shopping experiences, especially during the pandemic, Synchrony Bank is also supporting contactless card payments through the Sam’s Club mobile app.

Article Sources

  1. Sam's Club. "New Sam’s Club Credit Card Allows Members to Earn More Money."

  2. Sam's Club. "Sam's Club Credit."