Sam’s Club® Business Mastercard® Review for 2023
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
Sam’s Club® Business Mastercard®, issued by Synchrony Bank, is an ideal credit card for business owners who are Sam’s Club members. It has no annual fees and provides cash back on gas, dining, and other purchases made at Sam’s Club. The amount of cash back depends on both the type of card you have and the purchase category. The card is accepted at Sam’s Club and Walmart branches nationwide.
If you want to compare one card over another, choose a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
Sam’s Club® Business Mastercard®
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
5% back on gas at United States gas stations and Sam's Club and Walmart fuel stations
Intro APR
None
Regular APR
19.90% for Account Type 1, 27.90% for Account Type 2
Annual Fee
$0 except for annual Sam’s Club Plus membership fee of $100
Credit Needed
Good to Excellent
- Earn 5% back on gas at United States gas stations and Sam's Club and Walmart fuel stations, 3% on all Sam’s Club purchases, 3% back at restaurants, and 1% on all other eligible purchases
Pros
- No annual fee
- No foreign transaction fees
Cons
- Need to be a Sam’s Club member to qualify
- Doesn’t have 0% introductory annual percentage rate (APR) on purchases
- Must be a Sam’s Club Plus membership to maximize rewards
- 600 branches: Sam’s Club has around 600 branches across the U.S. and Puerto Rico.
- 2-in-1 card: This credit card can also be your Sam’s Club membership card.
- Authorized user: You can add an authorized user to help manage your Sam’s Club online management account.
- Protection against identity theft: At no charge, you can request copies of your application and business records at Sam’s Club or SamsClub.com if you’re a victim of identity theft.
Intro APR
None
Regular APR
19.90% for Account Type 1, 27.90% for Account Type 2
Annual Fee
$0 except for annual Sam’s Club Plus membership fee of $100
Credit Needed
Good to Excellent
- Earn 5% back on gas at United States gas stations and Sam's Club and Walmart fuel stations, 3% on all Sam’s Club purchases, 3% back at restaurants, and 1% on all other eligible purchases
Pros
- No annual fee
- No foreign transaction fees
Cons
- Need to be a Sam’s Club member to qualify
- Doesn’t have 0% introductory annual percentage rate (APR) on purchases
- Must be a Sam’s Club Plus membership to maximize rewards
- 600 branches: Sam’s Club has around 600 branches across the U.S. and Puerto Rico.
- 2-in-1 card: This credit card can also be your Sam’s Club membership card.
- Authorized user: You can add an authorized user to help manage your Sam’s Club online management account.
- Protection against identity theft: At no charge, you can request copies of your application and business records at Sam’s Club or SamsClub.com if you’re a victim of identity theft.
When grading cash back business credit cards like the Sam’s Club® Business Mastercard®, we first consider the ongoing and introductory rewards. We also rate the annual fee, introductory and ongoing APRs, and other card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 15 | 30 |
Introductory Rewards | 15 | 20 |
Annual Fee | 15 | 15 |
Additional Features | 5 | 15 |
Introductory APR | 0 | 10 |
Ongoing APR | 8 | 10 |
Total Score | 58 | 100 |
Who the Sam’s Club® Business Mastercard® Is Best For
- Sam’s Club members: It offers multiple benefits for Sam’s Club members—it can also double as your membership card. To qualify for this card without a personal guarantee, businesses must have at least $5 million in annual sales revenue, have been operational for at least two years, and have over 10 employees.
- Those who do a lot of business-related driving: If you often drive to meet with clients or complete jobs, you can get rewards when you use the card at Sam’s Club gas stations.
See our recommended alternatives below if this card isn’t the best fit for your business.
Sam’s Club® Business Mastercard® Fees
APR
- Introductory: None
- Ongoing: 19.90% for Account Type 1 and 27.90% for Account Type 2
- Penalty: 29.99%
- Cash advance: 24.90% for Account Type 1 and 30.90% for Account Type 2
Fees
- Method of computing the balance for purchases: Daily balance
- Annual: None, as this will be charged on your Sam’s Club membership ($50 per year for Club membership and $110 per year for the Plus membership)
- Minimum finance charge: $2.00
- Cash advance: Either $5 or 3% of the amount of the cash advance, whichever is greater
- Late payment
- $0 for a new balance of less than $25
- $15.99 for a new balance of $25.50 to $99.99
- $29.99 for a new balance of $100 to $249.99
- $39.99 for a new balance of $250 or more
- Returned check:
- $15 on balances of less than $100
- $38 on balances of $100 and higher
Your due date is at least 20 days if there’s no previous balance or the balance is fully paid; otherwise, none.
Sam’s Club® Business Mastercard® Rewards
- $30 statement credit after opening a new account and making at least a $30 purchase within 30 days of account opening
- 5% cash back on eligible gas stations and electric vehicle (EV) charging stations anywhere for the first $6,000 spent per year, then 1% if the cap is met
- 3% on Sam’s Club purchases with Plus membership (1% for Club members only) and dining and takeout
- 2% in Sam’s Cash on qualifying pre-tax purchases made directly from Sam’s Club through curbside pickup
- 1% cash back on other purchases
Sam’s Club members can earn up to a maximum of $5,000 in Sam’s Cash per calendar year when making eligible net purchases using this card. Note that the earned value of Sam’s Cash is deducted before the accrual of Sam’s Cash if qualified purchases are returned for a refund.
Sam’s Cash: The loyalty rewards currency used by Sam’s Club® Business Mastercard cardholders.
What’s new about Sam’s Cash is that redemption has changed from annual to monthly and requires an active membership. There are no limits on the amount of Sam’s Cash you can earn, and the Bonus Offer Program offers new ways you can earn Sam’s Cash.
How To Make Payments on the Sam’s Club® Business Mastercard®
Cardholders must pay at least the minimum payment on or before 5 p.m. Eastern time on the due date indicated on their statement. Your total minimum payment is the sum of the following:
- $15, 1/24th of the new balance included in your statement, or the sum of the finance charges, late fee, and 1% of your new balance—whichever is greater
- Any past due amounts
You can make your payments in one of five ways:
- Online : When you register for online access, not only can you make your payments online, but you can also increase your credit line and monitor your activities.
- Autopay: You can set up recurring payments on the Sam’s Club online account management.
- In person: Pay at any Sam’s Club or Walmart location.
- Phone: Pay your bill over the phone by calling the number on the back of your card. Note that payments generally are posted to the account on the same banking day and that this feature is unavailable for direct accounts.
- Mail: Send a check to the following address:
Sam’s Club MasterCard
PO Box 960016
Orlando, FL 32896-0016
PO Box 960016
Orlando, FL 32896-0016
Sam’s Club® Business Mastercard® Features
- Itemized billing statements: You’ll get detailed itemized billing statements every month, so you can monitor the kinds of purchases you or authorized users made.
- 2-in-1 card: This credit card can also be your Sam’s Club membership card.
- Mobile app: Cardholders can use the Sam’s Club mobile app to monitor their credit card activities, pay their bills, and even apply for a credit card limit increase.
- Authorized user: You can add an authorized user to help manage your Sam’s Club online management account.
- Fraud liability: For unrecognized charges or transactions, you may contact Synchrony Bank (the bank issuer of Sam’s Club® Business Mastercard®) by calling (866) 834-3205. However, if your online account has been used without authorization, reset your account password immediately and delete all saved credit/debit card payment information from the account.
- Protection against Identity Theft: You can request free copies of your application and business records at Sam’s Club or SamsClub.com if you’re a victim of identity theft.
- Around 600 branches: Sam’s Club has around 600 branches across the US and Puerto Rico.
Sam’s Club® Business Mastercard® Alternatives
American Express Blue Business CashTM
American Express Blue Business Cash™ Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
18.24% - 26.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
18.24% - 26.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
- Is an excellent card if you need to spend beyond your credit limit as it features expanded buying power; your limit is adjusted based on your card usage, payment history, credit record, financial resources, and other factors
- Has a 0% introductory APR on purchases for the first 12 billing cycles
- Lets you earn 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back when the $50,000 cap is met
- Is in our roundups of the:
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
0% APR for 15 billing cycles
Intro APR
Regular APR
18.99% - 27.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 18.99% - 27.99%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Intro APR
Regular APR
18.99% - 27.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 18.99% - 27.99%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- Is a great choice if you want premium rewards and 0% introductory APR and on purchases and balance transfers (for the first 15 billing cycles)
- Doesn’t charge annual fees
- Lets you earn 5% cash back on prepaid hotels and car rentals directly booked in the Travel Rewards Center, 3% cash back on eligible purchases at gas and electric vehicle (EV) charging stations, office supply stores, cellphone service providers, and restaurants, and 1% cash back on all other eligible purchases.
- Is one of our:
Capital One® Spark® Miles Select for Business
Capital One® Spark® Miles Select for Business
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Travel rewards and annual spending less than $19,000
Intro APR
0% on purchases
Regular APR
18.74% to 28.74% (Variable)
Annual Fee
$0
Credit Needed
Excellent, Good
- Introductory reward worth $200 in travel after you spend $3,000 within the first three months
- 1.5x miles per $1 spent
- 5x miles on hotel and rental car bookings through the issuer
- Issue employee cards for free
Pros
- No foreign transaction fees
- Interest-free financing on purchases
Cons
- No 0% APR balance transfer offer
- Limited list of airline partners
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Intro APR
0% on purchases
Regular APR
18.74% to 28.74% (Variable)
Annual Fee
$0
Credit Needed
Excellent, Good
- Introductory reward worth $200 in travel after you spend $3,000 within the first three months
- 1.5x miles per $1 spent
- 5x miles on hotel and rental car bookings through the issuer
- Issue employee cards for free
Pros
- No foreign transaction fees
- Interest-free financing on purchases
Cons
- No 0% APR balance transfer offer
- Limited list of airline partners
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
- Is a good alternative if you want an introductory APR on purchases for nine billing cycles
- Has no annual fees
- Lets you earn 5x on hotels and rental cars booked through Capital One Travel and unlimited 1.5x miles on all other purchases
- Is on our lists of the:
See our roundup of the leading small business credit cards for more options.
Bottom Line
Sam’s Club® Business Mastercard®, which doesn’t charge any annual and foreign transaction fees, offers cash back when you purchase gas and merchandise at Sam’s Club. While it’s an excellent credit card for Sam’s Club members, note that rewards can only be earned when using the card for purchases at Sam’s Club.
