Payment Card News

Sam's Checks

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More than $100 million is in the pipeline for cardholders of “Sam’s Club Discover” cards. The annual reward checks will arrive during February. Sam’s Club “Business Members” will receive $66 million, a 28% gain over last year’s reward total, and “Advantage Members” will receive $41 million, up 38% over last year. More than 750,000 reward checks will be distributed this month and are funded by GE Money, the issuer of Sam’s Club Discover. The reward checks need to be cashed at a Sam’s Club location and the proceeds may be spent in Sam’s Club or elsewhere, put toward savings or to pay other bills. Annual Sam’s Club membership fees start at $35 for “Business” and $40 for “Advantage with Plus Membership” at $100. For more details visit: “http://www.samsclub.com”:http://www.samsclub.com

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