Sam's Club Advantage Credit Card Review

Updated on Apr 01, 2016

*Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on product links. For more information, please see our Advertiser Disclosure

During these difficult financial times pinching every penny and squeezing every nickel is vital for many Americans. For most, going to wholesale warehouses and buying their products in bulk is one way of getting everything out of their dollar. Sam's Club, the wholesaler connected to Walmart, is the nation's second highest grossing wholesale retailer and maybe the most well known.

Even I just signed up for a Sam's Club membership last week and I was offered an application for the Sam's Club Credit Card. Good thing I passed ...

There is no annual fee to use the Sam's Club Advantage Credit Card, however you must have paid your annual fee to Sam's Club for a membership. So, while there is no fee to use the card, there is a fee to use the store. The cost for a basic membership will run you $40 per year, which is actually 20% less expensive than Costco.

As a basic Sam's Club Advantage Credit Card cardholder, there isn't many perks or benefits. No rewards programs or discounts. The store will often offer no interest rate promotions on select purchases, but these promotions can be tricky. Typically, they will offer something like "no interest for six months on purchases over $300" or something similar. It sounds great, right? Maybe, if you pay off your entire balance within the time frame allotted. Otherwise, you'll be paying interest on a big balance for the ENTIRE PURCHASE PRICE. So, buyer beware on these promotions.

The Sam's Club Advantage Credit Card does offer the typical 0% liability and online account management, but those offers are standard in the industry for even the most basic of cards. Sadly, this review is just about wrapped up as there's nothing more to discuss. Not a single bonus or reward to speak of so even though you can save money by shopping at Sam's Club, you won't be able to save money by spending at Sam's Club.

Unfortunately, despite Sam's Club being a major U.S. wholesaler, they come up short with a credit card offer that offers, well, anything! This card has no perks or benefits to it at all. The lack of any redeeming qualities obviously makes the Sam's Club Advantage Credit Card a strong recommendation to avoid. Search for a much better rewards credit card that suits your spending habits.

*The content in this article is accurate at the publishing date, and may be subject to changes per the card issuer.

Recommended Posts:

Having Trouble Choosing a Credit Card?

Sign up to receive a copy of our free ebook, The Ultimate Guide to Credit Cards. It will help you pick the perfect card!

Join Our Newsletter
Please enter a valid email address.
Thanks for signing up!
Ask Our Credit Experts Submit questions to our credit experts.
Thank you, we’ve received your question. Look for the response in your inbox in the next few days and subscribe to our newsletter.
Error sample
Most Popular Posts
CompareCards banner