Sam’s Club Mastercard review: Bulk savings and rewards with no annual fee

Core Insights - Sam's Club is popular among consumers looking for bulk savings due to its free samples and one-stop shopping convenience [1] - The Sam's Club® Mastercard® offers rewards for members, particularly benefiting those with a Plus membership [4][10] Rewards Structure - The card has no annual fee and offers different rewards rates based on membership tiers: 5% back on gas (up to $6,000 per year, then 1%), 3% back on Sam's Club purchases for Plus members (1% for Club members), 3% on dining, and 1% on other purchases [5][6] - Members can earn a maximum of $5,000 in Sam's Cash per year [4] Redemption Options - Sam's Cash can be redeemed online, in-app, or in-store, but cannot be used for certain purchases like gift cards, fuel, and alcohol [8] - Rewards do not expire as long as the Sam's membership is maintained [9] Target Audience - The Sam's Club Mastercard is ideal for members with good credit who frequently spend on gas and Sam's Club purchases [10] - It is suggested that pairing this card with a general cash-back card could maximize rewards for heavy spenders [10] Pros and Cons - Pros include generous cash-back rewards, dual functionality as a membership card, and prequalification without credit impact [14] - Cons include an annual rewards cap and limited redemption options [14] Usage - The card can be used anywhere Mastercard is accepted, allowing users to earn rewards on gas purchases [12]