Sam's Club Mastercard Review

Sam's Club Mastercard is a store cashback credit card issued by Synchrony Bank. 

This card is designed for people with fair credit. The minimum credit score to apply is 580. If you're wondering whether Sam's Club Mastercard is the right card for you, read on. This is everything you need to know to make a good choice.

Pros & Cons of Sam's Club Mastercard

The Good

The Bad

Multiple credit card perks. Cardholders can earn rewards on their purchases. Extended warranty protection on purchases. Free access to your credit score. Purchase Protection. Considers applicants with fair or poor credit. No foreign transaction fee. Earn rewards on every purchase. Sam's Club Mastercard reports to multiple credit bureaus. Doubles as Sam's Club membership card. High 5% cash back rewards for gas purchases.

Higher than average purchase APRs. Charges an annual fee of $55. Must be a Sam's Club member to qualify. Total rewards are capped at $5,000 per year. Rewards can only be redeemed once per year.

Is there a Sam's Club Mastercard cash back or rewards program?

Sam's Club Mastercard is a cashback card. This means you earn a percentage of your purchase as a cash reward.

Sam's Club Mastercard Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	5%
Annual rewards limit	5000
Signup Bonus ($)	$45
Signup Bonus Spend Requirement	$45

What are the Sam's Club Mastercard benefits?

Sam's Club Mastercard provides the following benefits:

• Free Credit Score
• Extended Warranty Protection
• Zero fraud liability
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Sam's Club Mastercard?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Sam's Club Mastercard has higher than average purchase APRs.

Sam's Club Mastercard has a variable purchase APR that ranges from 17.15% up to 25.15%. It also has a variable cash advance APR that ranges from 22.15% up to 28.15%.

Sam's Club Mastercard Balance Transfers

Description
Balance Transfer APR	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

Sam's Club Mastercard Rates & Terms

Description
Balance Computation	N/A
Purchase APR	17.15% - 25.15%
Credit Limit	N/A
Penalty APR	N/A
Cash Advance APR	22.15% - 28.15%
Security Deposit	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

What are the Sam's Club Mastercard fees?

The following fees apply to Sam's Club Mastercard:

Sam's Club Mastercard Fees

Fees	Amount
Annual Fee	$55
Foreign Transaction Fee	0%
Late Payment Fee	up to $38

Does Sam's Club Mastercard report your account activity to credit bureaus?

Sam's Club Mastercard reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Sam's Club Mastercard

• Visit the Sam's Club Mastercard website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.