Sam's Club, Synchrony, Mastercard launch new rewards programme

Sam’s Club, Synchrony and Mastercard have announced a new Sam’s Club Mastercard rewards programme that provides additional value for cardholders.

According to the press release, the card programme is an essential tool for all Sam’s Club Plus members that helps maximise savings and delivers on the evolving consumer shopping habits. Sam’s Club, Synchrony, and Mastercard will give Plus members a total of up to 5% back on eligible Sam’s Club purchases.

Accordingly, Plus members using their Sam’s Club Mastercard earn 3% back on purchases in-club, and an additional 2% back from their Plus membership for a total of up to 5%. Overall, cardmembers can take advantage of the following benefits and features:

• Savings: For everyday eligible purchases, the credit card offers an industry leading 5% cash back on fuel anywhere (up to USD 6,000), 3% cash back on dining and takeout, and 1% cash back on all other eligible purchases.

• Less contact: As consumers look for ways to transact without touching cash, cards, or keypads, Synchrony has enabled Sam’s Club with contact-free technology, including the integration of payments capabilities into Sam’s Club Scan & Go patented solution, both in-club and at the pump.

• Mobile first: Sam’s Club cardholders can easily make purchases, track spending, check and pay balances, and securely manage and freeze accounts via the Sam’s Club mobile app enabled by the Synchrony plug-in.

• Digitized rewards: Rewards are automatically loaded onto membership cards and can be used for future purchases made both online and in club, or exchanged for cash back.

• Applying made easy: Members can apply for the Sam’s Club Mastercard in club and via digital channels including the member service desk, at the point-of-sale (including Scan & Go), the Sam’s Club mobile app, SamsClub.com, via text message, and self-checkout enabled with Synchrony’s patent-pending Apply technology, API’s, and the Synchrony plug-in.

The rewards can be received as cash back and can be used in any Sam’s Club in the US or online. New cardholder benefits go into effect starting from 27 January 2021. The new credit card design will become available in March 2021.