BJ’s Wholesale Club is teaming with MasterCard and Capital One to offer store-branded credit cards that will enable BJ’s shoppers to earn never-expiring rewards and receive gas discounts.
With the BJ’s One+ Mastercard, which is replacing the current BJ’s Perks Elite Mastercard, shoppers will earn 5% back on most BJ’s purchases and receive gas savings of 15 cents a gallon when using the credit card at BJ’s Gas.
Customers with the BJ’s One Mastercard, which is replacing BJ’s Perks Plus Mastercard, will earn 3% back on BJ’s purchases and 10 cents off each gallon at the pump.
For purchases outside of BJ’s, BJ's One+ Mastercard cardholders will earn 2% back in rewards while BJ's One Mastercard cardholders will earn 1.5% back.
Users can redeem the entire rewards balance once it reaches $10. The current BJ’s branded credit cards, which enable users to receive awards that expire after six months, will be deactivated on February 27.
Along with the enhanced consumer-oriented credit cards, BJ’s is offering the BJ’s Business Elite Mastercard. The card is replacing both the BJ’s Business Perks Plus Mastercard and BJ’s Business Perks Elite Mastercard and will provide the same rewards at the BJ's One+ Mastercard.
BJ’s also is rebranding its BJ’s Perks Rewards membership program as The Club+ Card Membership. Cardholders will earn 2% back in rewards on most BJ's purchases along with savings of 5 cents a gallon at BJ's Gas each time they scan their membership card at the pump.
There is a $110 annual fee for a Perks Rewards membership and $55 for the standard Inner Circle membership.
The retailer claims that the enhancements will make BJ's the only wholesale club to offer an instant gas discount across each of the higher-tier membership options.
Marlborough, Mass.-based BJ’s, with 6.5 million members, operates 234 club stores and 163 gas stations. It has annual sales of $16.7 billion.
