Sam’s Club Credit Card Doubles Rewards for New Customers

October 3, 2016, Written By Bill Hardekopf
Sam’s Club Credit Card Doubles Rewards for New Customers

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The competition between the two major warehouse clubs has intensified, and credit card consumers could be reaping the benefits.

Today, Sam’s Club announced that anyone who opens a Sam’s Club Consumer MasterCard account between October 1 and November 12 will have their cash back rewards doubled for the first 90 days of account membership.

So new cardholders earn 10% cash back on gas purchases, 6% cash back on travel and dining transactions, and 2% on all other eligible purchases at eligible merchants for their first 90 days. After this promotional period, consumers would earn 5% on gas purchases (up to $6,000 per year, and 1% thereafter), 3% on travel and dining transactions, and 1% on other purchases.

In addition, existing Sam’s Club cardholders can earn 3% cash back (rather than 1%) for online purchases during the November 18-November 29 period.

Costco’s credit card recently underwent some major changes, changing from an American Express card to Citi. The new Costco Anywhere Visa card by Citi offers 4% on eligible gas purchases up to $7,000 per year (1% thereafter), 3% on dining and eligible travel transactions, 2% on Costco purchases, and 1% on all other transactions.

The information contained within this article was accurate as of October 3, 2016. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.

About Bill Hardekopf

Bill Hardekopf is the CEO of and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.
View all posts by Bill Hardekopf