Costco Members Can Shop at Sam’s Club Through July 4
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On June 20, Costco officially switched from accepting only American Express cards to accepting only Visa credit cards. The switch was delayed from earlier this year because the transition took longer than expected, but now the co-branded Visa Costco card is available and open for sign-ups. Last year, Costco competitor Sam’s Club began accepting Amex cards, and earlier this year it started accepting Visa cards, and now, the wholesale retailer is targeting Costco shoppers with an enticing deal.
From now through July 4, those with a Costco Membership Card can shop at all US Sam’s Club locations with no additional fees or purchase of a Sam’s Club Card. Essentially, your Costco Membership Card is also your Sam’s Club Card through July 4. If you’re a loyal Costco shopper, this could be a good opportunity to try out another store without having to purchase a membership.
Your Costco Membership Card is now your free Sam’s Club Card at all locations through July 4th.https://t.co/nunRgBRrWX
— Sam’s Club (@SamsClub) June 25, 2016
Keep in mind that in order to shop at Costco with its new Visa requirement, you’re not restricted to using the Costco Anywhere Visa Card; you can use any Visa-branded card. However, the new Costco co-branded Visa card, the Costco Anywhere Visa Card, is a good option and gives you 4% cash back on eligible gas purchases for the first $7,000 (then 1% thereafter), 3% cash back on all restaurant and eligible travel purchases, 2% cash back on all purchases from Costco and Costco.com and 1% cash back on all other purchases.
Although this card and its business version are appealing, a better option when shopping at wholesale retailers like Costco and Sam’s Club could be the Chase Freedom Card (No longer open to new applicants). Earlier this month, Chase shared plans that it would be extending the 5% cash back category bonus with the card for purchases at wholesale clubs through the end of 2016. So whether you’re shopping at Costco or trying out Sam’s Club with this new promotion, you can use your Visa-branded Chase Freedom Card for an appealing 5% cash back on purchases.
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