Sam’s Club Starts Taking American Express - Promotions News

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Credit Card Applications » News » Promotions » Sam’s Club Starts Taking American Express

Sam’s Club Starts Taking American Express

Sam’s Club Starts Taking American Express
September
14
The content is accurate at the time of publication and is subject to change.
This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Citi.

Last February American Express and Costco split, ending their 15-year relationship. Now Amex has brought Sam’s Club, the eighth largest retailer in the U.S. into the fold. This new partnership means that Sam’s Club will start taking Amex cards on October 1 at over 650 outlets located throughout the U.S. and Puerto Rico.

The new partnership is seen as a win-win for both Amex and Sam’s club, as well as for consumers who can now get a deal and earn rewards with their Amex Cards, whether buying electronics, housewares or clothing. “We are constantly looking for ways to expand the places where our Card Members can shop and bring more convenience and value to their everyday lives,” said Anré Williams, President, Global Merchant Services at American Express.

The split with Costco

Even though the split was announced seven months ago consumers won’t feel the pinch for a while, Costco will still be accepting American Express credit cards until March 2016. For the last 15 years it has been the only card accepted at the warehouse retailer. Like many marriages, the reason for the breakup was given as irreconcilable differences.

In April 2016 Citi cards will be the credit card of choice at Costco, so shoppers should not head out to Costco without their Citi card unless they are planning to pay with cash.

More from Amex

While the new Sam’s Club deal is a way for Amex to recoup the loss of Costco business, they have also launched a series of partnerships and other initiatives, including the rollout of Plenti, its own customer loyalty program. While designing the program they partnered with leading retailers, including Rite Aid, Direct Energy, Hulu, AT&T, ExxonMobil, Macy’s, and Nationwide. People who sign up for Plenti can earn rewards, as well as get access to special deals and promotions.

Sam’s Club is a part of the Wal-Mart Stores, Inc. family, and offers consumers access to wide range of products. It is a members-only retail store with millions of members.

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Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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