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Sunday 15 June 2014

Bob Jain & Security Measures By Sam's Club

By Katie Onson


When store credit cards are put to use over the course of time, their benefits can be some of the greatest. For example, if you want to be able to save money at a particular store, especially if you shop there on a consistent basis, there's no question that its credit card option will be able to come into effect. In addition, there are various options to consider across all stores, which means that Bob Jain may tell you to weigh your options carefully. This is especially the case if the recent story about Sam's Club is to be believed.

Fox Business reported on the new credit card option offered by Sam's Club, a retailer along the lines of Costco. Essentially, the option in question would entail chip-enabled security that would put more of a focus on safety amongst shoppers. Given the fact that Sam's Club has seen an increase in terms of counterfeit and fraud, an option like this seems like the best move to make. It is also a move that should have the attention of various names in finance, Bob Jain included.

The report spoke about Sam's Club's credit card option would be set to launch during June 23 of this year. Even though it's an option that I am sure many people are going to be vying for, one of the reasons why this card stands out is because of the fact that its security chip isn't exactly prevalent in other store cards. What this means is that more people will turn to Sam's Club for greater security measures. Would it be out of the question to consider that other retailers will take this particular cue?

Jain, as well as other financial authorities, will be able to tell you about the various credit card options available across several big box stores. There are many popular options that can be considered, amongst them being the REDcard offered by Target. However, it's fair to assume that consumers have been on the fence about purchasing these particular options because of the fact that they run the risk of bringing higher interest rates. Sam's Club may be the option to turn to, as Bob Jain can observe.

I have to believe that this option will be able to amass popularity in the long term. Keep in mind that while Sam's Club may not be as prevalent as stores like Walmart, this does not mean that it lacks an audience. It's important to keep in mind that people are attracted to the idea of wholesale, purchasing a number of different items, food included, in bulk. It's just a matter of purchases being made with security in place. Sam's Club seems to have an option worth utilizing for this reason alone.




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