If you're a Sam's Club Plus member and use the warehouse's co-branded Mastercard, your bulk grocery runs are about to get more rewarding.
Starting today, January 27, Sam's Club Plus members will earn an elevated 5% back on eligible purchases with the Sam's Club® Mastercard® .
Here's the breakdown for Plus members:
- Earn 3% cash back on purchases in-club with a Sam's Club Mastercard.
- Earn an additional 2% cash back thanks to your Plus membership, bringing the total rewards up to 5%.
Traditionally, Plus members would only earn up to 3% back (1% with the Sam's Club Mastercard and 2% with the Plus membership).
If you don't pay the annual $100 membership fee for Plus and instead opt for the cheaper Club membership ($45 per year), you'll earn 1% cash back on eligible Sam's Club purchases.
Regardless if you're a Club or Plus member, you can still benefit from the card's robust cash-back program:
- 5% cash back on gas purchases at gas stations (on the first $6,000 per year, then 1% after)
- 3% cash back on dining
- 1% cash back on all other eligible purchases
Cardholders can earn a maximum of $5,000 in cash back per calendar year.
Similar to the Costco Anywhere Visa® Card by Citi (see rates and fees), Sam's Club cardholders receive rewards each February. However, Sam's Club has a leg up on Costco by awarding rewards digitally and allowing members to use them online at SamsClub.com, as well as at a Sam's Club location for merchandise or cash. In comparison, Costco requires cardholders to visit a U.S. warehouse to redeem their rewards certificate.
