By Gary Lloyd
TRUSSVILLE — Sam’s Club earlier this month announced a credit card cash back program that gives members the opportunity to earn 5 percent cash back on fuel, 3 percent cash back on dining and travel, and 1 percent cash back on all other purchases, up to $5,000 annually.
Starting Monday, June 23, the Sam’s Club 5-3-1 cash back program on its new co-branded MasterCard, issued by GE Capital Retail Bank, is available to qualifying Sam’s Savings, Sam’s Business and Sam’s Plus members in the U.S. and Puerto Rico.
The new Sam’s Club MasterCard comes with enhanced credit card safety, a top concern for today’s shoppers. Each credit card has an embedded chip that makes the card more difficult to duplicate, which provides enhanced security from fraudulent activity.
“MasterCard has taken a strong stance on the need for the U.S. market to make the transition to chip-enabled credit cards for the benefit of cardholders and merchants alike,” said Chris McWilton, president North America, MasterCard. “This move by Sam’s Club makes them a trailblazer in getting chip cards in the hands of businesses and consumers, and leading the push toward a safer and more secure customer experience. This will no doubt help drive chip-enabled technology forward here in the U.S. as it gains more traction.”
The new Sam’s Club MasterCard includes identity theft resolution services for consumers and MasterRental coverage for businesses.
Sam’s Club has a location on Chalkville Mountain Road in Trussville.
Identity theft has been a problem in recent months, especially at Target and Michael’s. Both those retailers have Trussville locations.
Contact Gary Lloyd at news@trussvilletribune.com and follow him on Twitter @GaryALloyd.