Sam's Club Credit Cards

The Sam’s Club Mastercard’s primary focus is earning cash back. All the rewards earned through this card are mailed to consumers once per year, in the form of a check that can only be cashed or redeemed at a Sam’s Club location. If you don’t redeem the check within 180 days of it being issued, the rewards expire.

Sam's Club Credit Cards (2)

Sam’s Club® MasterCard®

Sam’s Club® MasterCard® The Sam’s Club® MasterCard® provides a number of benefits, including several reward categories (5% for gas) and a number of shopping and travel perks. You must be a Sam’s Club member to use this card, which will also be your membership card.

Sam’s Club Business MasterCard

The Sam’s Club Business MasterCard provides cash back rewards for typical business and travel expenses: gas, dining, and travel.

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Alternative Rewards Credit Cards

Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is a popular card among travelers. It offers a hefty signup bonus, flexible points that transfer to many frequent traveler programs, and big discounts when redeeming points for travel through Chase Ultimate Rewards.You’ll get 2X points per dollar on travel and dining at restaurants. Use this card for all your travel and dining spending, and then use the points for travel expenses.People also like this card because it’s made of metal. It’s one of our picks for Best Travel Credit Cards.

American Express® Green Card

The American Express Green Card is a charge card, meaning you can’t revolve a balance from month to month.It’s designed for travel spending, offering 2X points per dollar on travel purchases through AmexTravel.com and several useful benefits.The Green card is not very rewarding, and you may prefer the American Express Premier Rewards Gold Card (Review), which is like an upgraded version of this card.

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Business Credit Cards

BP Business Solutions MasterCard®

  • Accepted at over 175,000 locations nationwide with competitive rebates when purchasing fuel at thousands of BP locations nationwide
  • Save up to 6 cents per gallon on fuel purchases at BP locations

Chevron and Texaco Universal Business MasterCard®

  • Earn rebates up to 6 cents per gallon based on monthly fuel purchases at Chevron and Texaco locations
  • Accepted at over 175,000 fueling locations with maximum rebate earnings when your drivers choose Chevron and Texaco

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®

  • Designed for businesses
  • For a limited time, earn 60,000 American Airlines AAdvantage® bonus miles after making $3,000 in purchases within the first 3 months of account opening
  • First checked bag is free on domestic American Airlines itineraries for you and up to four companions traveling with you on the same reservation
  • Enjoy preferred boarding on American Airlines flights
  • Earn 2 AAdvantage® miles per $1 spent on eligible American Airlines purchases
  • Earn 2 AAdvantage® miles for every $1 spent on purchases at telecommunications, car rental merchants and at gas stations
  • Earn 1 AAdvantage® mile per $1 spent on other purchases

Starwood Preferred Guest® Business Credit Card from American Express

  • Earn 2 Starpoints® for each dollar of eligible purchases at participating SPG® Marriott Rewards® hotels. Earn 1 Starpoint® for all other purchases.
  • Redeem Starpoints® for free nights at over 1,300 hotels & resorts in over 100 countries and for free flights on over 150 airlines with SPG Flights. Some hotels and resorts have mandatory service charges.
  • Free, unlimited Boingo Wi-Fi at more than 1,000,000 Boingo hotspots worldwide. Enrollment required.
  • No Foreign Transaction Fees on international purchases and $0 introductory annual fee for the first year, then $95.

Capital One Spark Cash for Business Card

  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $59 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • Get employee cards at no additional cost, and earn rewards from their business spend

1. What is a Business credit card?

The business credit card is a type of credit card intended for business use rather than personal use and it is suitable for businesses of all sizes. Business credits card can provide a convenient way to increase their company’s purchasing power and easy access to manage business transactions.

2. What are the benefits of Business credit cards?

Apply and qualify easily

If you are still struggling to establish your credit, business credit cards can provide easier access to credit than other types of commercial funds. Some of the best small business credit cards online require only basic business and personal information and usually provide conditional approval within minutes.

Higher credit limits or 0% intro APRs while getting started

Business credit cards typically carry high credit limits, making it much easier to make major business purchases that you cannot make using your personal credit card or cash.

Earn rewards and sign-up bonus

You can earn cash back or rewards when you spend lot of money buying office supplies or other business needs. Some card issuers provide cardholders with discounts on certain business-related products and services directly.

Build business credit quickly

With business credit cards, not misusing them and making payments on time can help you increase your business credit rating quickly and take out a loan in the future easily.

Separate business credit.

Your personal credit rating is not reflected in your business credit card transactions. In addition, by having a separate credit card for a small business, you no longer have to sort out business and personal transactions when it is time to pay taxes.

Cards can be issued to employers and employees.

Multiple cards can be issued under the same account for different employees and business owners can determine how much credit individual employees can access and where to make purchases.

3. What do you need to apply a Business credit card?

Business cards are suitable for different kinds of businesses.

Business cards are not only suitable for companies. Even if you are performing a one-man show and you don't have an office, you can apply for a business card. Basically, if you do anything for profit, it can be considered a small business. In fact, you don't even have to earn income to apply for a business credit card. You only need to have reasonable intentions to make money and pay for business.

Personal and business credit score

The issuer will review your personal and business credit history when determining whether to approve your business credit card and what terms you are eligible for. While responsible past use of credit will maximize your chances, please ensure that the Personal Credit Bureau Experian, TransUnion and Equifax have accurate information, as well as commercial organizations such as Dun & Bradstreet and Small Business Financial Exchange. If your business license and insurance policy are up-to-date, proving that you are operating a legitimate business, the card issuer may also be in your favor.

How to fill out the application

The business’s legal name:

This is the name you use to conduct your business. This will be displayed on your card if you are approved. If you have a company or limited liability company, enter the name of the company you registered with the state government. If you are a freelancer or sole proprietor, please use your legal name.

Your tax identification number:

You need a tax identification number to process your application. Incorporated businesses and partnerships enter the federal employer identification number, which is a nine-digit number issued by the IRS for tax reporting purposes. If you're a self-employed, please enter your Social Security number on this line (unless you have an IRS-issued Employer Identification Number).

The business type or structure:

What the kind of business are you operating? If you're running a LLC, you can choose partnership or corporation, based on how it's set up. If you are a freelancer, you would usually put down sole proprietorship.

Your role in the business:

Make clear what you do in the business

Business address and phone number:

You need to fill in the contact information. If you work from home, just use your home address here.

How long you've been in business:

Enter the number of years you've been in business. If you're still in the early startup phase, just enter "0" in this box.

The number of employees:

If it's just you, enter "1" for yourself.

Annual business revenue:

You must let the credit card company in on how much revenue your business is bringing in each year. If your business is new and you haven't made any money, you can put "0."

Estimated monthly spend:

You can guess how much you will charge for business expenses, not personal to the card each month. Not all business card applications ask for this, but you should be ready with an answer if it comes up.

Personal details

Fill in your personal information as required, including your name, address, phone number and email, social security number, birthdate, mother's maiden name and household income.

4. How to use a Business credit card?

Read your credit card terms and conditions.

This will give you an idea of how you can earn rewards, when rewards will post and other information.

Set a rewards saving goal and pay with credit whenever possible.

If you’re collecting points or miles for a big trip, avoid spending them on small purchases.

Find out when your 0% introductory APR period ends and when your rewards expire note them on your calendar.

Your issuer isn’t required to alert you beforehand when your APR will go up in this case, and most don’t.

Get an app to help you track your awards.

Plan and budget

Create a business plan before using the business credit card for financing and you need to make sure what you can afford.

Monitor and control employee spending

Use your business credit card only for business expenses

We don’t recommend you mix personal and business expense, because it’s difficult to separate out your business expenses when filling taxes.

Pay your bill in full on time

Many business credit cards offer high credit limits, but they often come with high interest rates. Therefore, we recommend you to pay the bill in full on time in order to avoid paying high interest.

Sam's Club Credit Cards Basics

Sam’s Club is a membership-only retail warehouse club that is a division of Walmart Stores Inc. (NYSE: WMT). The first store opened in Oklahoma in 1983, and as of March 2016, there were 653 clubs across the United States and Puerto Rico. There are three types of Sam's Club membership programs available to the public: the Sam’s Savings, Sam’s Business and Sam’s Plus.

There are two Sam’s Club branded credit cards: the Sam’s Club Mastercard and the Sam’s Club Store Credit Card (or Personal Credit Card). Both cards are issued by Synchrony Bank.

While there is no annual fee for these cards, cardholders must be a Sam’s Club member to apply. It costs $45 for an annual Sam’s Club membership.

The BIG difference between these cards is that you can earn rewards with the Mastercard, but you don’t have an option for rewards with the store card.

Sam’s Club Credit Card Sign-Up Bonus Offer

Both Sam’s Club credit cards offer a sign-up bonus.

If you open a Sam’s Club Mastercard or Sam’s Club Store Credit Card on SamsClub.com and make a single-receipt purchase of $45 or more on SamsClub.com the same day, you will receive a $45 statement credit, which will appear within 1-2 billing periods.

Should You Get the Sam's Club Credit Card ?

If you plan to fill your gas tank at Sam’s Club on a regular basis, you’ll earn big with this card’s 5 percent cash back on gas. You’ll also rack up rewards if you typically charge most of your dining and travel expenses. However, if torn between shopping at Sam’s Club or one of its competitors, you may find you’ll earn more cash with Costco’s or BJ’s cards, which offer a higher cash back percentage on in-club purchases.

That depends on which card you’re referring to and which rewards strategy you prefer.

The Sam’s Club Mastercard is generally considered a good card for earning cash back rewards, with higher than average reward percentages in certain categories. Cardholders earn 5% cash back on gas (up to $6,000 per year then 1%), 3% on dining and travel, and 1% on all other purchases.

It’s important to note these cash back rewards are only issued once per year for the previous calendar year and can only be redeemed in a Sam’s Club store.

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