BJ's new partnership with Capital One and Mastercard offers
BJ's members the ability to earn never-expiring rewards, plus
incredible savings at BJ's Gas®
MARLBOROUGH, Mass., Feb. 8, 2023
/PRNewswire/ -- BJ's Wholesale Club (NYSE:BJ), a leading membership
warehouse club operator, today announced the scheduled launch of
its new credit card program with Capital One and Mastercard,
officially named the BJ's One™ Mastercard® program. The
new cards deliver even more value back to members and make BJ's
top-tier memberships even better.1
BJ's Wholesale Club and Capital One Unveil
BJ's One™ Mastercard® Program
BJ's new program with Capital One and Mastercard will provide a
first-class rewards and customer service experience for BJ's
members. Customers can start using their new BJ's One Mastercard on
Feb 27, 2023 and the program will
offer2:
- In-club earnings:3 BJ's One+TM
Mastercard (formerly BJ's Perks Elite®) cardholders will
earn 5% back in rewards on most BJ's purchases; BJ's
OneTM Mastercard (formerly BJ's Perks Plus®)
cardholders will earn 3% back in rewards on these purchases.
Redeeming rewards will be easier than ever with members able to
redeem their entire rewards balance once it reaches $10, up to the transaction total, and rewards
that never expire.
- Gas discount4: BJ's One+ Mastercard
cardholders will now receive 15 cents
off/gallon at BJ's Gas every time they use their credit card at the
pump; BJ's One Mastercard cardholders will continue to receive
10 cents off/gallon at BJ's Gas.
- Out-of-club earnings5: Spending outside BJ's
will now be more rewarding, with BJ's One+ Mastercard cardholders
earning 2% back in rewards everywhere they use their card outside
of BJ's. BJ's One Mastercard cardholders will now earn 1.5% back in
rewards everywhere they use their card outside of BJ's clubs.
"We are always striving to be best in class when it comes to the
value of our membership," said Bill
Werner, executive vice president of strategy and development
at BJ's Wholesale Club. "Our partnership with Capital One and
Mastercard will deliver unmatched rewards to our members with an
exceptional customer service experience. Put simply, we expect this
new program will be the best program in the retail space."
Both cards will benefit from Capital One's industry-leading
customer experience and digital tools, including its award-winning
mobile app, virtual assistant and access to exclusive events.
"With this new program, we partnered closely to offer BJ's
members the opportunity to reap even more value from their everyday
purchases at BJ's and elsewhere," said Buck
Stinson, senior vice president, head of U.S. card
partnerships, Capital One. "We know the benefits and rewards from
this program will help them get the most out of their
membership."
This is in addition to the Mastercard World benefits cardholders
already receive.
"Mastercard is pleased to extend our long-standing partnership
with BJ's Wholesale Club," said Chiro
Aikat, EVP, U.S. Market Development, North America, Mastercard. "We're excited that
the BJ's One Mastercard and BJ's One+ Mastercard will deliver even
more robust benefits and value to cardholders across everyday
purchases. That includes access to Priceless Experiences and
further enhancing their memberships."
BJ's Business EliteTM Credit Card
Business members who have a BJ's Perks Rewards® Business credit
card will transition to the BJ's Business Elite Mastercard. The new
BJ's Business Elite Mastercard will also carry the best-in-class
value of the BJ's One+ Mastercard, including 15 cents off/gallon at BJ's Gas, 5% back in
rewards on most BJ's purchases and 2% back in rewards everywhere
else Mastercard is accepted. 3,4,5
Enhanced Membership Program
In addition to these new and exciting credit card benefits, BJ's
is also announcing enhancements to its BJ's Perks Rewards®
Membership program. The BJ's Perks Rewards Membership will be
rebranded as The Club+ Card Membership. The Club+ Card members will
continue to earn 2% back in rewards on most BJ's purchases and will
also receive 5 cents off/gallon at
BJ's Gas every time they scan their membership card at the
pump6.
The enhancements to BJ's rewards program will make BJ's the only
wholesale club to offer an instant gas discount across each of the
higher-tier membership options. In addition to the enhanced
rewards, the new BJ's One+ Credit Card, BJ's One Credit Card and
The Club+ Card membership tiers include the everyday benefits of
having a BJ's membership such as: up to 25% off grocery store
prices every day, access to both manufacturers' and BJ's coupons,
and convenient shopping options including shopping in-club, on
BJs.com, through the BJ's mobile app, and curbside and in-club
pickup.
"We are proud to be able to provide our members with incredible
value and benefits every day, and we believe that the launch of
these new membership benefits will only enhance the value we offer
our members," said Tim Morningstar,
executive vice president, chief membership officer, BJ's Wholesale
Club.
Members who currently have a My BJ's Perks Mastercard will soon
receive more information on the transition to Capital One and can
visit bjsone.capitalone.com for more details.
About BJ's Wholesale Club Holdings, Inc.
Headquartered in Marlborough,
Massachusetts, BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)
is a leading operator of membership warehouse clubs in the
Eastern United States focused on
delivering significant value to its members. The company provides a
curated assortment of grocery, general merchandise, gasoline and
ancillary services to offer a differentiated shopping experience
that is further enhanced by its omnichannel capabilities. Since
pioneering the warehouse club model in New England in 1984, the
company currently operates 235 clubs and 164 BJ's Gas® locations in
18 states. For more information, please visit us on BJs.com or on
Facebook,Twitter or Instagram.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a
financial holding company which, along with its subsidiaries, had
$333 billion in deposits and
$455.2 billion in total assets as of
December 31, 2022. Headquartered in
McLean, Virginia, Capital One
offers a broad spectrum of financial products and services to
consumers, small businesses and commercial clients through a
variety of channels. Capital One, N.A. has branches located
primarily in New York,
Louisiana, Texas, Maryland, Virginia, New
Jersey and the District of
Columbia. A Fortune 500 company, Capital One trades on the
New York Stock Exchange under the symbol "COF" and is included in
the S&P 100 index.
Visit the Capital One newsroom for more Capital One news.
About Mastercard
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. Our decency quotient, or DQ,
drives our culture and everything we do inside and outside of our
company. With connections across more than 210 countries and
territories, we are building a sustainable world that unlocks
priceless possibilities for all. www.mastercard.com
1 All BJ's
memberships are subject to BJ's current membership terms, ask
in-club or go to BJs.com/terms. Mastercard is a registered
trademark, and the circles design is a trademark with Mastercard
International Incorporated.
2 The BJ's
One Mastercard rewards program and The Club+ Card Membership
rewards program are provided by BJ's Wholesale Club, Inc. and their
terms may change at any time. For full rewards terms and
conditions, please see BJs.com/bjsoneterms and
BJs.com/terms.
3 BJ's One
Credit Card holders earn 3% back and BJ's One+ ™ (and BJ's Business
Elite) Credit Card holders earn 5% back, as applicable, in rewards
on eligible purchases of goods and services in-club at BJ's
front-end registers, on BJs.com or in the BJ's app (minus any
redeemed rewards, returns, refunds or credit adjustments) when they
pay for these purchases with their BJ's One Credit Card or BJ's
One+ Credit Card (or BJ's Business Elite). There is no cap to the
amount you can earn on eligible purchases with your BJ's One ™
Credit Card or BJ's One+ ™ (or BJ's Business Elite) Credit Card, as
applicable, and rewards are yours for the life of the account —
they will not expire. Must have a minimum balance of $10 in rewards to redeem. Minimum eligible
purchase amount $10 at BJ's checkout.
Eligible purchases exclude shipping, sales tax, bottle deposits,
alcoholic beverages, cigarettes and tobacco-related products,
lottery tickets, gift cards, propane, BJ's Gas, online optical
purchases, membership fees and add-ons, warranties and protection
plans, BJ's services provided by third parties (e.g., BJ's
Travel®), and BJ's B2B and BJ's Global Sales transactions. See
BJs.com/bjsoneterms for information on excluded
services.
4 Receive an
instant discount of 10¢ off each gallon of fuel at BJ's Gas when
you use your BJ's One ™ Credit Card, or 15¢ off each gallon of fuel
at BJ's Gas when you use your BJ's One+ ™ (or BJ's Business Elite)
Credit Card, as applicable, to pay for your fuel purchase and scan
the associated membership card.
5 BJ's One
Credit Card holders earn 1.5% back and BJ's One+ (and BJ's Business
Elite) Credit Card holders earn 2% back, as applicable, in rewards
on purchases made outside of BJ's with their BJ's One Credit Card
or BJ's One+ (or BJ's Business Elite) Credit Card, minus any
returns, refunds or credit adjustments. Purchases at BJ's clubs,
BJ's Gas, BJs.com, BJ's app, and BJ's B2B and BJ's Global Sales
transactions are not "outside of BJ's."
6 The Club+
Card members earn 2% back in rewards on eligible purchases of goods
and services in-club at BJ's front-end registers, on BJs.com, or in
the BJ's app (minus any redeemed rewards, returns, refunds, or
credit adjustments) when they scan their membership card for these
purchases, unless the primary member or the member making the
purchase is a credit cardholder in the BJ's One Mastercard program,
in which case the member will only earn rewards in accordance with
the BJ's One Mastercard program rewards terms (see
BJs.com/bjsoneterms). Rewards earned by The Club+ Card members may
not exceed $500 in any 12-month
period. Rewards are yours for the life of your The Club+ Card
Membership — they will not expire while your membership remains
active and in good standing. Eligible purchases exclude shipping,
sales tax, bottle deposits, alcoholic beverages, cigarettes and
tobacco-related products, lottery tickets, gift cards, propane,
BJ's Gas, online optical purchases, membership fees and add-ons,
warranties and protection plans, BJ's services provided by third
parties (e.g., BJ's Travel®), and BJ's B2B and BJ's Global Sales
transactions. See BJs.com/terms for information on excluded
services. The Club+ Card members receive an instant discount of 5¢
off each gallon of fuel purchased at BJ's Gas when they scan their
membership card for these purchases, unless the primary member or
the member making the purchase is a credit cardholder in the BJ's
One Mastercard program, in which case the member will only receive
an instant discount at BJ's Gas in accordance with the BJ's One
Mastercard program rewards terms (see BJs.com/bjsoneterms). BJ's
Gas purchases are not eligible purchases and do not earn
rewards.
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SOURCE Capital One Financial Corporation