Strategic Partnership Extension - Synchrony has signed a multi-year extension of its strategic credit card program with Sam's Club, continuing a relationship that has lasted over 30 years [1] - The partnership focuses on transforming shopping and credit experiences while creating value for Sam's Club members [1] Credit Card Program Scope - Synchrony will continue to issue consumer, business, and commercial credit cards for Sam's Club across 600 locations in the U.S. and Puerto Rico, as well as on SamsClub.com and the Sam's Club mobile app [2] Member Experience Enhancements - Synchrony and Sam's Club are collaborating to offer seamless member experiences and invest in strategic technology to improve access to products and services [3] - The Sam's Club credit card is designed to make shopping easy, secure, and convenient while helping members earn rewards [3] Digital and Payment Innovations - Synchrony integrates with Sam's Club's Scan & Go™ technology, allowing members to scan items, purchase with their credit card via mobile devices, skip checkout lines, and exit through designated arches [6] - Synchrony's SyPI and dApply technologies enable members to apply for credit, make transactions, and manage accounts within the Sam's Club app [6] Rewards Program - Sam's Club Mastercard® offers industry-leading rewards, including 5% cash back on fuel (up to $6,000 annually), 3% on dining, and 1% on other purchases [6] - Plus members earn an additional 3% back on Sam's Club purchases using the Mastercard®, combined with 2% from their Plus membership, totaling up to 5% rewards on eligible purchases [6] - Rewards are automatically loaded into membership accounts and can be used for future purchases or exchanged for cash back [6]
Synchrony Renews 30-Year Relationship Dedicated to Enhancing Credit and Shopping Experiences with Sam's Club