Sam’s Club to Accept MasterCard but Not Visa
By Justin McHenry
Sam’s Club, the warehouse club arm of Wal-Mart, announced yesterday that it is now accepting MasterCard credit cards for purchases at its 589 stores. Previously Sam’s Club had accepted only Discover Card and its store brand credit cards, as well as debit cards. Visa will continue to be shut out of Sam’s Club.
The move is a blow to Visa, but may be an even bigger blow to Discover, which up to this point was customers’ only choice if they wanted to use a general-market credit card at Sam’s Club. This no doubt attracted many customers to Discover who may not have applied for one of their cards otherwise.
A Sam’s Club executive said that the move was in response to customers’ desires for more purchase options at its stores.
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1.Discover® More Card - 0% APR on balance transfers for 12 months & 6 months on purchases, 5% cashback bonus in popular categories, up to 1% cashback bonus on all other purchases
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2.Chase Freedom Card - 0% Intro APR and no Annual Fee, 5% bonus cash back in popular categories , 1% cash bank on everything else
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3.Citi® Platinum Select® MasterCard® - 0% on purchases & balance transfers for Up to 18 months, APR as low as 9.99% variable. $30 statement credit.
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4.Blue Cash® from American Express - Earn up to 5% cash back on gas, groceries and drug store purchases, and up to 1.5% back on all other purchases, no annual fee, fast approval under 60 seconds
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6.American Express® Gold Card - 10,000 American Express Membership Rewards bonus points when you use the card for at least $500 in purchases within the first 3 months.
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7.TrueEarnings® Business Card from Costco & American Express - 4% cash back for annual gas purchases up to $6,000, 3% restaurants, 2% travel, 1% everywhere else, 0% APR on purchases for first 6 months
