After that, you’ll earn 1% - the same rate for all other purchases.Įligible spending categories include gas stations, restaurants, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs and live entertainment. You’ll earn 5% back on up to $500 spent on your highest eligible spend category each billing cycle, automatically. The Citi Custom Cash® Card is the most flexible alternative where you can earn up to 5% cash back on gas stations. So you’ll want to have a Sam’s Club nearby if you’re looking to get gas rewards but aren’t a regular at the wholesaler. Your rewards will not expire as long as you are a Sam’s Club member. Sam’s Cash can be used in club or online at Sam’s Club, or it can be redeemed for cash in Club at the member service desk. When you earn Sam’s Cash (previously known as Cash Back Rewards) on your purchases, your rewards show up in your Sam’s Cash Loyalty Rewards Program balance. The question is, is Sam’s Cash easy enough to redeem to make the Sam’s Club Mastercard worth getting for the gas rewards? Redeeming Sam’s Cash Plus, you’ll earn a competitive rate on dining - 3% cash back at restaurants, with no spending cap, and 1% back on all other purchases. This is one of the highest rewards rates for gas available, and will cover the average American’s annual gas budget, which typically hovers at around $2,000. You’ll get a very notable 5% cash back on your first $6,000 spent on gas per year, then 1% after. You’ll also earn rewards outside of the Sam’s Club ecosystem. Club members earn 3% Sam’s Cash when using the Sam’s Club Mastercard, and 1% on other purchases, while Sam’s Club Plus members earn a total of 5% back in Sam’s Cash on all Sam’s Club purchases, and 1% on other purchases. With the Sam’s Club Mastercard, you’ll get cash back on Sam’s Club purchases, both in-store or online, but how much you’ll earn depends on your membership level. We’ll outline the rewards program, redemption process and offer alternative picks that may be a better fit for you. Rewards redemption is not as straightforward as with most other credit cards and can easily make or break your decision to apply for the card. This isn’t a very competitive welcome bonus, but it’s in-line with other retailer-branded credit cards. There is a welcome bonus with the Sam’s Club Mastercard, though on the smaller side: You’ll get a $30 statement credit when you open a new account and make $30 in purchases at a Sam’s Club within the first 30 days. You can earn an extra 2% rewards rate on Sam’s Club purchases with the Sam’s Club Plus membership, but unless you shop at the wholesale retailer frequently, you won’t see a lot of benefit from the additional cost. The Sam’s Club Mastercard has no annual fee, but requires one of the two tier of Sam’s Club membership - a basic club membership for $45 annually or a Sam’s Club Plus membership, designed for frequent shoppers, for $100 annually. And if you want your rewards redeemed as cash, you’ll have to have a branch nearby. But it’s really only worth your while if you shop at Sam’s Club regularly. The Sam’s Club® Mastercard®* - not to be confused with the more limited Sam’s Club Credit Card* - offers great rewards on gas and competitive rewards on restaurants. 1% cash back on all other eligible purchases.
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