BJs Wholesale Club Teams with Alliance Data for New... - Products News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Products » BJs Wholesale Club Teams with Alliance Data for New MasterCard

BJs Wholesale Club Teams with Alliance Data for New MasterCard

BJs Wholesale Club is stepping up their co-branded credit card game by partnering with Alliance Data Systems Corporation and MasterCard.

Current BJs cardholders will be mailed new cards and the entire BJs credit portfolio will transition to MasterCard. Next spring, all cards are scheduled to be converted to ultra-secure chip-enabled EMV credit cards. All cardmembers will receive new cards at that time.

The BJs portfolio will be one of the largest under Alliance Data’s umbrella of cards. The purchase price wasn’t disclosed, but Alliance said it was well within industry norms.

New card can be used anywhere

The new BJs MasterCard can be used anywhere that accepts MasterCard as a form of payment, not just at BJs Wholesale clubs. The card will be a rewards credit card, with greater rewards given for BJs purchases – similar to other co-branded credit cards that can be used anywhere.

Having a chip-enabled MasterCard in their wallets will give cardholders an advantage when traveling abroad, as most of Europe, Canada and Asia has already embraced chip cards. Chip-enabled EMV cards do not use magnetic stripes; they are waved or tapped instead of swiped. The new BJs MasterCard will have both a stripe and a chip, so it can be used at merchants who do not have chip-enabled point-of-sale terminals.

BJs Wholesale headquartered in Massachusetts

BJs is limited to the Eastern United States, with 202 wholesale club stores in 15 states. Its headquarters are in Westborough, Massachusetts. They carry groceries, household products, electronics, office supplies and more – similar to Costco or Sam’s Club.

Many cash rewards credit cards, like Discover, do not offer their standard cash back rewards rate on purchases at wholesale clubs like BJs and Costco. So for frequent customers of these stores, having a store or co-branded credit card that offers rewards is sometimes the best way to increase the value of shopping at the store.

Laura Sen, president and CEO of BJs Wholesale Club, said that the increased security of an EMV card combined with the marketing power of Alliance will position the new credit card as an industry leader. “Leveraging Alliance Data’s skillset in loyalty and marketing as well as MasterCard’s expertise in technology and security, we are confident our new credit card program will provide a value proposition that is unparalleled in the warehouse club channel,” said Sen.

More details about the BJs MasterCard rewards program, incentives, and term and conditions will be available later this year.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

MasterCard and PayPal Stay Together
MasterCard and PayPal Stay Together

Posted: August 15, 2016

The PayPal Extras MasterCard co-branded consumer credit card is still in play with an announcement that the pair have inked a multi-year extension deal for the credit card program in the U.S. and Puerto Rico. Continue reading
Shop Your Way Expands Rewards Program
Shop Your Way Expands Rewards Program

Posted: July 17, 2014

Fans of Burger King, Groupon, Red Envelope and Shoney’s can now earn rewards from the Shop Your Way program, including $25 to $50 worth of rewards points, 10% back on event tickets, and 2% back on restaurant purchases. Continue reading
New Credit Card Gives Sam’s Club Members 5% Back on Gas
New Credit Card Gives Sam s Club Members 5% Back on Gas

Posted: July 08, 2014

A new co-branded MasterCard available exclusively to Sam’s Club members will give 5% cash back on gas, 3% cash back on dining and travel, and 1% cash back on everything else. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
Our application is quick and easy with instant pre-qualification available
For Fair / Good Credit