Sam’s Club to Offer a Safer Credit Card

Friday, June 6th, 2014

Sam’s Club is going to offer its consumers a credit card with a microchip to prevent fraud. It is the first major American retailer to switch to a more secure payment card technology that has been widely discussed since a consumer data breach at Target last year.

The new Sam’s Club MasterCard has an embedded EMV chip technology which makes the card more difficult to duplicate than those that use a magnetic strip.

The chip-enabled card is the latest effort in the retail industry to offer more secure forms of payment after the Target data breach put in danger the personal information of millions of customers.

Chip cards are widely used in Europe and other countries to prevent counterfeiters and thieves, but few United States merchants are set up to process them. Walmart, the Sam’s Club’s parent company, started installing chip-enabled terminals several years ago, and today all Sam’s Club and most Walmart locations can accept chip cards.

The other security technology used on credit cards is PIN codes. They are more difficult to fake than a signature. The Sam’s Club cards will be PIN enabled but will primarily verify users by signature. However, the next generation of the cards, which will be issued next year, will primarily require PIN verification.

The Sam’s Club MasterCard is issued by GE Capital Retail Bank and will be available this month. Walmart cards with chip technology will be issued this summer.

Target is speeding up its switch to chip-and-pin technology in its stores and on its branded debit and credit cards. The company plans to be finished with the transition by early next year.

Latest Credit Card Issuers News

Tuesday, December 6th, 2016
It seems that people are always looking for an easier and more convenient way to pay for their purchases. Still, it’s taken some time for folks to get comfortable using their ...
Wednesday, June 22nd, 2016
More and more people are finding out something that used to be difficult to find out—at least for free. Credit scores used to be top-secret and hard to get your hands on, unless ...
Wednesday, January 20th, 2016
Imagine carrying just one credit card with you and earning rewards that you can trade in for free vacations. WorldVentures DreamTrips is teaming up with Nxt-ID to do just that.
Saturday, November 28th, 2015
Good news for U.S. Bank customers: the company has a new online tool to help consumers make savvier choices about personal finances.
Thursday, June 11th, 2015
Discover is going to allow their cardholders to make contactless payments at participating merchants through Apple Pay beginning this fall.
Best Credit Offer
Click the Compare link to compare the checked cards side-by-side at the comparison table.
Consumer Rating: 5 / 5
Horizon Card Services Horizon Gold Credit Card
Copyright © 2001-2017 All Rights Reserved.

* The webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the website are property of their respective owners. makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that may be compensated by the credit card issuers when the readers apply for a credit card through this site. is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. does not review or list all available financial or credit offers.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.