Frequently, Costco, Sam’s Club, and BJ’s shoppers often learn the hard way that wholesale clubs rarely count for grocery-store bonuses. Those who shop heavily at wholesale clubs should prefer a card that specifically includes wholesale-club spending as a bonus category, or one that offers a high cash-back rate on all spending.
Here are three non-store credit cards fit for use at popular wholesale clubs.
|Credit Card||Standard Rewards Rates||New Cardholder Bonus|
|BankAmericard Cash Rewards™||3% on gas, 2% on groceries and wholesale clubs, 1% on everything else||$150|
|Citi® Double Cash||1% on purchases, plus 1% when balances are paid off||None|
|Chase Freedom UnlimitedSM||1.5% cash back||$150|
The card for big ongoing rewards
The BankAmericard Cash Rewards™ card is a great all-around rewards card, but it really pulls its weight when it comes to bonus categories. This no-annual-fee card offers 3% cash back on gas, 2% on groceries and wholesale clubs, and 1% on all other spending.
Bank of America customers can do even better than the base-rate rewards. Cardholders enjoy a 10% bonus just for redeeming their cash back into an active Bank of America® checking or savings account. Those who have preferred banking status can get up to 75% in bonus rewards, bringing the all-in, effective cash-back rate up to 5.25% on gas, 3.5% on groceries and wholesale clubs, and 1.75% on all other spending at the top of the scale.
Note that bonus-reward categories are subject to a quarterly cap. Only the first $2,500 of combined quarterly spending on gas, groceries, and wholesale clubs qualifies for juiced rewards. After meeting $2,500 in quarterly spending, rewards drop to the standard rate of 1% on purchases. That said, the quarterly caps are more than generous enough to allow most families to earn bonus rewards on all of their gas and wholesale-club spending.
New cardholders can get off to a quick start with this card, thanks to a $150 online cash-rewards bonus for qualifying cardholders who make at least $500 in purchases in the first 90 days. As an added bonus, the card carries a 0% intro annual percentage rate (APR) on purchases in the first 12 months, as well as a 0% intro APR on any balance transfers in the first 60 days of account opening. Rewards can be redeemed starting at just $25. (Read our full review of BankAmericard Cash Rewards™ for more information.)