If you are a frequent shopper at Sam’s Club, then you might want to consider getting a Sam’s Club Credit Card. It’s a great way to save money on your purchases, earn rewards, and enjoy other benefits. However, before you start using your credit card, you need to Sams club card activation. In this article, we will review the Sam’s Club Credit Card, its benefits, fees, and how to activate it.
Sam’s Club Credit Card Overview
The Sam’s Club Credit Card is a co-branded card issued by Synchrony Bank, exclusively for Sam’s Club members. There are two types of Sam’s Club Credit Cards: Sam’s Club Mastercard and Sam’s Club Store Credit Card. The main difference between them is that the Mastercard can be used anywhere Mastercard is accepted, while the store credit card can only be used at Sam’s Club.
Benefits of Sam’s Club Credit Card
The Sam’s Club Credit Card offers a range of benefits that can help you save money on your purchases. These benefits include:
- Cash Back Rewards: You can earn cashback on your purchases with the Sam’s Club Credit Card. For example, you can earn 5% cashback on gas purchases up to $6,000 per year, 3% cashback on dining and travel, and 1% cashback on all other purchases.
- No Annual Fee: The Sam’s Club Credit Card has no annual fee, which means you don’t have to worry about paying a yearly fee to use the card.
- Fraud Protection: The Sam’s Club Credit Card comes with zero fraud liability, which means you won’t be responsible for any unauthorized purchases made with your card.
- Extended Warranty: When you use your Sam’s Club Credit Card to make a purchase, you can get an extended warranty on your purchase.
- Free Shipping: You can enjoy free shipping on most items when you use your Sam’s Club Credit Card to make a purchase.
Fees of Sam’s Club Credit Card
While the Sam’s Club Credit Card has many benefits, it also comes with some fees. These fees include:
- Interest Rate: The interest rate on the Sam’s Club Credit Card is variable and depends on your creditworthiness. The current APR for the Sam’s Club Credit Card is 14.90% – 22.90% based on your creditworthiness.
- Balance Transfer Fee: If you want to transfer a balance from another credit card to your Sam’s Club Credit Card, you will be charged a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
- Cash Advance Fee: If you need to get a cash advance from your Sam’s Club Credit Card, you will be charged a fee of either $10 or 4% of the amount of each cash advance, whichever is greater.
- Late Payment Fee: If you miss a payment or make a payment after the due date, you will be charged a late payment fee of up to $39.
In conclusion, the Sam’s Club Credit Card is a great option for Sam’s Club members who want to save money on their purchases and enjoy other benefits. With its cashback rewards, no annual fee, and fraud protection, it’s an excellent choice for anyone who shops regularly at Sam’s Club. However, it’s important to be aware of the fees and the interest rates associated with the card, so you can make an informed decision. Lastly, don’t forget to activate your card once you receive it, so you can start enjoying its benefits right away.