Costco Visa vs. Sam’s Club Mastercard: Comparable Rewards, Drawbacks

Both offer rewards that can compete with some of the best cash-back cards on the market — but both cards also have their downsides.

Comparing Rewards: Costco vs. Sam's Club credit cards

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If you're fortunate enough to live in an area that offers choices when it comes to wholesale-club shopping, you may have considered applying for one of the following:

Both cards offer rewards that on certain levels can compete with some of the best cash-back credit cards on the market — and both cards also have their drawbacks.

Let's compare them side by side:

As you can see, each card has its advantages and downsides, and in some cases there's not a lot of difference between the two. For example:

  • Neither card charges an annual fee — but to get either one of them, you'll have to shell out an annual membership fee to Costco or Sam's Club.

  • Both cards offer rich rewards in multiple categories — but in either case, those rewards come only once a year, and you have to redeem them in physical stores.

It's a similar give-and-take as you start comparing the cards' features side by side.

  • The Sam's Club® Mastercard® offers a higher rewards rate on gas — but the Costco Anywhere Visa® Card by Citi has a higher annual cap in that category.

  • The cost of a baseline Sam's Club membership ($45 a year) is cheaper than that of a baseline Costco membership ($60 a year), but the Sam's Club® Mastercard® caps your total annual rewards at $5,000. The Costco Anywhere Visa® Card by Citi has no cap on rewards.

  • Neither card offers its highest rewards rate when it comes to actual in-store shopping at either Costco or Sam's Club.

Most likely, your preference for Sam's Club or Costco will dictate which card is right for you, as opposed to the card's features determining where you shop.

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