If you follow the cult of the big box stores like Sam’s Club and Walmart, then you’re going to want to know about the Sam’s Club Credit Card. We know there’s a ton of store credit cards out there so it’s difficult to decide which one should get a spot in your wallet.
The Sam’s Club Credit card is issued by Synchrony Bank and offers purchase rewards when you buy from a Sam’s Club. Besides, it is also lined up with benefits like sign-up bonuses, lower interest rates that can’t be seen in any other card with a 0$ annual fee.
So, if you are still wondering what are the odds of Sam’s Credit card being useful, then you are at the right place. In this article, we will learn how to apply for Sam’s Club Credit card and also discuss what kind of benefits and features come with the card.
Features of Sam’s Club Credit Card
The Sam’s Club Credit Card doesn’t earn you any cash-back rewards but can be used while picking up regular grocery and basic necessities from Sam’s Club or Walmart stores. Plus, Sam’s credit card can also double up as your membership card
Cardholders can now sit back and relax a little as this card offers $0 fraud liability and enhanced security through the smart chip technology. Users can also reap benefits of the online account management with the Sam’s credit card center to provide you with help, 24*7.
Moreover, the Sam’s Club Credit Card also provides options like special financing with specific terms and conditions. Additionally, you receive a signing bonus of $45, within 1-2 billing days after you have successfully opened Sam’s Club Store Credit Card and purchased $45 or more.
Note: The Sam’s credit card is not valid at Walmart.com or Walmart gas stations.
Applicable Fees
The Sam’s Club credit cards offer a range of APR on purchase and quick cash advance. It provides a minimum of 17.15% APR for people with a high credit score whereas 25.15% APR variable for people with low credit scores and often carry credit balances.
The cash-back rewards are received in the form of credit in the user’s bank account and can only be used when you buy something from Sam’s Club. With no annual fee, and other benefits it is not a bad choice of investment to save on your everyday purchases.
How to Apply?
First and foremost, to apply for the Sam’s Club Credit card, you need to become a Sam’s Club member. After you become a member, you can apply for it in two ways. One by heading over to this page and applying online or you can choose to walk-in to a nearby Sam’s Club and fill out an application.
Users who apply online can get their Sam’s Credit Card account approved immediately. After you have success, fill out the Sam’s Club credit card application, and then, take it to a customer service representative to process it. The credit cards also allow memberships both for college students and military personnel.
After all this, you can log in to your credit account and manage your credit account or just make a Sam’s Club credit card payment.
But, before jumping the gun, you should know that your cash-back rewards can be forfeited if any one of the following happens.
- You have an inactive Sam’s Club membership.
- You have been carrying balance on your credit account for more than two months in your Sam’s Club Card payments.
- You have not purchased anything with the credit card or have accrued less than $5 in your cash-back rewards treasure.
Contact Information
Telephone 1-(800) 964-1917
Address
2101 SE Simple Savings Dr,
Bentonville, AR 72712,
United States
The Bottom Line
The Sam’s Club Credit Card is best suited for those who want to get some perks for their regular purchases at Sam’s Club stores. However, just remember that if you’ve got a low credit rating, they’re going to hit you with a very high APR, in which case it’s better to stick to the credit card you have.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.