NATICK, Mass. -- BJ's Wholesale Club here has become the first major warehouse club to accept a credit card whose fee structure is based on sales.
Warehouse clubs, which specialize in offering low-priced, large-quantity items, have traditionally been wary of accepting credit. BJ's main competitors, Sam's Club, Bentonville, Ark., and Price/Costco, Kirkland, Wash., only accept the Discover card, which charges retailers a flat rate.
BJ's, which will accept MasterCard chainwide by