Sam’s Club® Business Mastercard® Review
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® is an ideal credit card for business owners who are members of Sam’s Club. This small business credit card, which has no annual fees, 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.
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®
BEST FOR:
5% back on gas at US gas stations and Sam's Club and Walmart fuel stations
Intro APR
None
Regular APR
17.90% or 25.90%
Annual Fee
$0 except for annual Sam’s Club Plus membership fee of $100
Credit Needed
Good
- 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
- Can be used anywhere Mastercard is accepted
Cons
- Businesses must show at least $5 million in annual sales revenue, be operational for at least two years, and have more than 10 employees to avoid personal guarantee
- No sign-up bonus
- Need to be a Sam’s Club Plus member to apply
- 600 Sam’s Club locations in the US and Puerto Rico
- Single-card convenience as Mastercard® doubles as your Sam’s Club membership card
Intro APR
None
Regular APR
17.90% or 25.90%
Annual Fee
$0 except for annual Sam’s Club Plus membership fee of $100
Credit Needed
Good
- 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
- Can be used anywhere Mastercard is accepted
Cons
- Businesses must show at least $5 million in annual sales revenue, be operational for at least two years, and have more than 10 employees to avoid personal guarantee
- No sign-up bonus
- Need to be a Sam’s Club Plus member to apply
- 600 Sam’s Club locations in the US and Puerto Rico
- Single-card convenience as Mastercard® doubles as your Sam’s Club membership card
How We Evaluate Cash Back Business Credit Cards
When grading cash back business credit cards like the Sam’s Club® Business Mastercard®, we first consider the ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing annual percentage rates (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 even double as your membership card. To qualify for this card without providing a personal guarantee, businesses must have at least $5 million in annual sales revenue, have been in operation for at least two years, and have more than 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.
If you think this doesn’t fit your needs, see our guide to the best small business credit cards. You can also check our Credit Card Marketplace to find the right card for your business.
Sam’s Club® Business Mastercard® Fees
APR
- Introductory APR: None
- Ongoing APR on purchases: 17.90% for Account Type 1, 25.90% for Account Type 2
- Penalty APR: 29.99%
- Cash advance APR: 22.90% for Account Type 1, 28.90% for Account Type 2
- Grace period for repayment of balances: At least 20 days if there’s no previous balance or the balance is fully paid; otherwise, none
Fees
- Annual fee: None
- Minimum finance charge: $2.00
- Cash advance fee: Either $5 or 3% of the amount of the cash advance, whichever is greater
- Late payment fee:
- $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 fee:
- $15 on balances of less than $100
- $38 on balances of $100 and higher
Sam’s Club® Business Mastercard® Rewards
- Get a $30 statement credit after opening a new account and if you make at least a $30 purchase within 30 days of account opening
- Earn 5% cash back on gas anywhere for the first $6,000 spent per year, then 1%
- Earn 3% on Sam’s Club® purchases with Plus membership (1% for Club members only)
- Earn 3% cash back on dining and takeout
- Earn 2% in Sam’s Cash on qualifying pretax purchases made directly from Sam’s Club through curbside pickup
- Earn 1% cash back on other purchases
Sam’s Cash is the loyalty rewards currency used by Sam’s Club® Business Mastercard cardholders. Sam’s Club members can earn up to $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.
How To Make Payments on the Sam’s Club® Business Mastercard®
Cardholders must pay at least the total 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 one of four ways:
- Online and mobile app: 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.
- 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 are generally 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
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 card can also act as 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 credit card bills, and even apply for a credit card limit increase.
- 600 branches: Sam’s Club has around 600 branches across the U.S. and Puerto Rico.
Pros & Cons of the Sam’s Club® Business Mastercard®
| PROS | CONS |
|---|---|
| While there’s no annual fee to pay, you’ll still need to pay your Sam’s Club membership of $45 per year | Before applying, you need to be a Sam’s Club member |
| When traveling internationally, you won’t be charged foreign transaction fees | To maximize cash back rewards fully, you’ll have to upgrade to a Plus membership |
| Businesses must show at least $5 million in annual sales revenue, be operational for at least two years, and have more than 10 employees to be qualified for the card | |
Sam’s Club® Business Mastercard® Alternatives
American Express Blue Business CashTM
- American Express Blue Business CashTM offers a straightforward 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% after that
- Top cash back business credit card
- Interest-free financing option of 0% on purchases for the first 12 billing cycles
- With Expanded Buying Power, business owners have a certain amount of freedom to spend beyond their credit limit
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
17.74% - 25.74% 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, 17.74% - 25.74%, 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
17.74% - 25.74% 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, 17.74% - 25.74%, 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.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
- U.S. Bank Triple Cash Rewards World Elite Mastercard® offers an interest-free financing option on purchases and balance transfers for the first 15 billing cycles
- Best business credit card with no annual fees and one of the leading 0% APR business credit cards
- 3% cash back―with no limits to how much cash back is earned―at eligible gas stations, restaurants/takeout, mobile phone/service providers, and office supply stores
- $500 cash back after spending $4,500 in the first 150 days of card ownership
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
Intro APR
Regular APR
18.49% - 27.49% (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.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® the card that gives back on all your eligible business needs.
- 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 18.49% - 27.49%.
- No annual fee.
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
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
18.49% - 27.49% (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.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® the card that gives back on all your eligible business needs.
- 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 18.49% - 27.49%.
- No annual fee.
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
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.
Capital One® Spark® Miles Select for Business
- Capital One® Spark® Miles for Business lets you earn a number of points when booking hotels and rental cars with Capital One Travel
- Top-recommended business credit card for travel one of our best business credit cards for miles
- Interest-free financing option of 0% on purchases for the first nine billing cycles
- Doesn’t charge any annual, foreign, or balance transfer fees
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
18.24% to 28.24% (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
18.24% to 28.24% (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.
Bottom Line
Sam’s Club® Business Mastercard® offers cash back when you make gas and merchandise purchases at Sam’s Club and doesn’t charge any annual and foreign transaction fees. While it’s an excellent credit card for Sam’s Club members, note that all rewards mentioned can only be earned when making purchases at Sam’s Club and Walmart.
If this isn’t the best fit, compare these top credit cards to find one for your business.
