Best for Gas: Sam’s Club Mastercard
HIGHLIGHTS
- Earn 5% back in Sam’s Cash on gas anywhere Mastercard is accepted (on first $6,000 per year, then 1%).*
- Earn 3% back in Sam’s Cash on dining and takeout.*
- Earn 3% back in Sam’s Cash on Sam’s Club purchases for Plus members. Club members earn 1%.*
- Earn 1% back in Sam’s Cash on other purchases.*
Why we chose it: Plain and simple, no other card offers 5% back on gas like the Sam’s Club Mastercard® does — this, in addition to other great benefits, makes it a great option for avid Sam’s Club shoppers.
The Sam’s Club Mastercard® is not just for wholesale shopping fans as it also offers benefits outside the store. Its rewards program includes the following cash back categories:
- 5% at U.S. gas stations up to the first $6,000 spent (1% thereafter)
- 3% on dining and takeout
- 3% on Sam’s Club purchases for Sam’s Plus members
- 1% on all other qualifying purchases
- Cardholders can earn a maximum of $5,000 in Sam’s Cash in a calendar year
The card’s 5% back at U.S. gas stations is the highest among its kind. If you commute long hours or drive a gas-guzzler, that’s $300 of cash back each year, in addition to what you’ll earn at the 1% rate after that first $6,000 you spend.
You can use all this cash back to pay at any Sam’s Club, both at the register or through the mobile app, or redeem it for actual cash at the cash register.
Having said that, the lackluster introductory offer, the lack of any travel or purchase insurance and the need to be a Sam’s Club member are definite drawbacks. However, if you live near Sam’s major competitor, check out the Costco Anywhere Visa® Card by Citi, which offers 4% on gas up until the first $7,000 spent, and 1% afterwards.
All information about the Sam’s Club® Mastercard® has been collected independently by Money.com.
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