Sam’s credit card business

How To Pay Your Sam’s Club Credit Card

Sam's credit card businessIf you are the holder of a Sam’s Club MasterCard or store-only credit card issued by Synchrony Bank, you have the following options to make your payment. Note that there is different information depending on which of the 4 consumer or business Sam’s Club cards you have:

If you have either the Sam’s Cub MasterCard or store-only credit card for consumers, you can pay:

  • Online: Log in to your account here and make your payment.
  • By Mail: If you have the Sam’s Club MasterCard, send your payment to the following address: Sam’s Club MasterCard, P.O. Box 960013, Orlando, FL 32896-0013. If you have the Sam’s Club store card good only at Sam’s Club and Walmart, the payment address is Sam’s Club Credit Payment Processing, P.O. Box 530942, Atlanta, GA, 30353-0942
  • By Phone: The Sam’s Club MasterCard customer service phone number for payments is 866-220-0254. If you have the store-only card, call 800-964-1917.
  • In Person: You can pay your credit card bill at any Sam’s Club or Walmart store.

Or, if you have a Sam’s Club business credit card, you can pay in these ways: – Sam’s Club Credit Account Management

  • Access a Sam’s Club credit account online
  • Designed for both consumer and business accounts
  • The Sam’s Club MasterCard is issued by Synchrony Bank pursuant to a license by MasterCard International Incorporated

Please note the Sam’s Club My credit card online service will be down for maintenance from 11:30 AM ET to 12:00 PM ET on the first Monday of each month. Assuming the service is not down for maintenance the card holder will be able to check the status of an account, update account information, make a payment, view recent transactions, and set up account alerts (cardholders can also print recent statements and transactions if they have PDF reader installed on their device). All Sam’s Club credit cards come with no annual fee, high-end online account management, $0 fraud liability against unauthorized transactions, and the credit card will act as the customers Sam’s Club membership card (no need to carry around two cards!). Customers who are Sam’s Club MasterCard members will enjoy a few additional benefits to include cash back rewards and MasterCard ID Theft Protection services (which protects the customer when paying online, in-store, via mobile or wearable technology). All Sam’s Club credit cards are subject to credit approval and the minimum interest charge is $2.00 for both types of cards (consumer or business). The Sam’s Club MasterCard rewards package provides 5% cash back on gas (on first $6,000 per year in purchases, then 1%), 3% on dining and travel, and 1% on other purchases (this card is ideal for customers who tend to spend a lot of money of gasoline).

Sam’s Club My Credit Card Mobi Notes

Sam’s Club Card Revamps Rewards Program, Goes EMV

For a while now, the Sam’s Club credit card has been one of the last-standing rewards cards with a tiered program (if you didn’t spend enough on the card, you’d earn a lower percentage cash back).Sam's credit card business

But the card (formerly co-branded with Discover) has made some big changes to coincide with its new partnership with MasterCard. Sam’s Club is debuting a new rewards program on June 23, and the card (which will still be issued by GE Capital) will be sporting the latest must-have credit card accessory — an EMV chip.

The new version of the card (like the old one) will have no annual fee. However, a Sam’s Club membership is required. Currently, a Sam’s Plus account costs $100 per year, and a Sam’s Savings account costs $45 a year.

Sam’s is calling its new rewards structure the “5-3-1” program, and it works like this:

  • 5 percent cash back on fuel at gas stations (for the first $6,000 spent on fuel each calendar year). That’s good for all gas stations located in the U.S. (including Sam’s Club and Wal-Mart gas stations). The only exclusions are gas stations that are part of other warehouse clubs and supercenters. After the first $6,000 in fuel spending each year, you’ll earn 1 percent back.
  • 3 percent cash back on restaurants worldwide (including fast food, but excluding dining services at other warehouse clubs) and travel. Travel purchases include merchant categories like rental cars, airlines, hotels, passenger rail, bus lines, cruise lines, time shares, travel agencies (although not those offered by other warehouse clubs), travel sites and tour operators.
  • 1 percent back on all other eligible purchases.

Each year, you’ll receive a check to cover all the cash-back rebates you’ve earned. You can earn up to $5,000 in cash-back rewards every year. After that, you will earn no rewards on purchases until a new year starts. Only big spenders (those spending more than $100,000 per year on the card and charging tens of thousands of dollars in travel) would need to worry about hitting that ceiling, however.

For comparison, here’s what the cash-back structure on the Sam’s Club card used to look like:

  • 0.25 percent cash back for qualified spending up to $1,500 per year
  • 0.50 percent cash back for pending between $1,500.01 and $3,000
  • 1 percent cash back for spending between $3,000.01 and $250,000

The first two reward brackets are the same as above. After that …

  • 1 percent cash back for spending between $3,000.01 and $5,000 per year
  • 1.75 percent cash back for spending between $5,000.01 and $10,00
  • 2 percent cash back for spending between $10,000.01 and $250,000

Those who consistently spend above $5,000 per year on their Sam’s card may be disappointed by the new program, as they’ll no longer be able to earn above 1 percent on all purchases. However, a year-round 5 percent back on gas and 3 percent back on restaurants could make up for that – not to mention the fact that you’ll start earning 1 percent right away without paying your dues in the 0.25-percent-back bracket.

You might also notice that, unlike the old version, the new card evens the playing field for those with different Sam’s membership status. Assuming spending is equal, those with Savings status will earn just as many rewards as those with the more-expensive Plus status.

So do Plus members have anything to gain with the new card?

Plus members (with or without the Sam’s credit card) get access to another reward system exclusive to them, the “Cash Rewards” program. Every $500 spent on Sam’s Club purchases (regardless of payment method) earns a $10 rebate – up to $500 in rebates per membership year. These rebates (which are automatically loaded onto the shopper’s membership card) can be redeemed for cash, Sam’s Club purchases or membership fees. Current Plus members will be automatically enrolled in the Cash Rewards program June 12.

EMV Chip – with PIN capabilities

With issuers facing an October 2015 liability deadline (a big incentive to switch from magnetic stripe cards to EMV technology), more and more cards are getting upgraded with an EMV chip. The Sam’s card is the latest, and it’s the first major retailer to officially roll out EMV cards. Target announced back in April that it would be implementing EMV on its REDcard and other co-branded cards by early 2015. However, Sam’s Club beats it by making the upgrade on June 23, 2014, when it sends cardholders their new MasterCards. Wal-Mart cards (which are also switching over to MasterCard) will follow later in the summer.