According to a Wednesday release, Sam's Club is now giving its top-tier members an additional 2 percent back in rewards on club purchases when they use the Sam's Club Mastercard. Starting on Wednesday, warehouse club members who pay for a "Plus" membership and have this card can earn up to 5% cash back on Sam's Club purchases (in stores or online), which is a 2% increase over what club members already earn with the card As part of the program change, the Mastercard previously offered 3 percent back on travel purchases was also removed.According to Sam's Club, the category was eliminated in order to better match the program with how its cardholders really use the MasterCard. Even before the epidemic ruined travel plans, travel wasn't a very popular spending category among Sam's Club cardholders. The current reward earning rates for the Sam's Club Mastercard from Synchrony Bank are as follows:
- When you make an eligible purchase at Sam's Club, you'll receive 3 percent back in cash (up to 5 percent back for Plus members).
- A 5% cashback is available on fuel purchases of up to $6,000 per year.
- On dining and takeaway purchases, you will receive 3% cash back.
- All other purchases earn 1% cash back.