Sam’s Club has sent out a letter to their personal & business Mastercard cardholders to let them know of two changes:
- Cards will no longer carry any foreign transaction fee
- They will be offering interest free periods of 6/12/18/24/36 months.
It isn’t clear how the interest free period will work, I suspect there will be different spending thresholds needed for each level (e.g you’d need to spend more to receive 36 months interest free than 6 months interest free). They also recently made it so the card would not earn cash back on tobacco purchases.
Hat tip to reader Eric L
