BJ’s New Credit Card is Now With Capital One

Were you one of the BJ’s members who had significant issues with their BJ’s Mastercard this summer? On our social media channels this summer, there were plenty of complaints about BJ’s credit card not working.

This wasn’t a BJ’s Club issue it was with the previous bank Community.

Here’s the news on the latest partnership with BJ’s and Capital one. This change will take place early in 2023, from an employee at BJ’s told us you will get 15 cents a gallon on gas and rewards will not expire anymore, also 1.5% rebate on everything outside of BJS instead of the 1 and 2 percent’s of items.

If you are new to BJ’s Credit card system, we have a complete guide on EVERYTHING you need to know about BJ’s credit card here.

• Need a BJ’s Membership? Grab one for ONLY $25 here. ( Org. price is $55)

Press release:

BJ’s Wholesale Club (NYSE:BJ), a leading membership warehouse club operator, and Capital One Financial (NYSE: COF), a leading bank and credit card company, announced today that they have entered into a strategic program agreement for Capital One to become the exclusive issuing partner for BJ’s co-brand Mastercard® program.

The new program is expected to launch in early 2023.

With the new BJ’s Mastercard program, Capital One has also entered into an agreement to acquire the existing portfolio of BJ’s credit card accounts.

Over the coming months, more details will be provided to existing card members on the transition to the new card program, which will continue to run exclusively on the Mastercard network.

“When we can deliver incredible value with a partner who is the absolute best at what they do, our members win,” said Bill Werner, Executive Vice President of Strategy and Development at BJ’s Wholesale Club. “Capital One’s customer service and digital experience are unmatched in the card space, and we are so excited to pair this first-class offering with the power of Mastercard’s network and an upgraded value proposition as we continue to deliver to our members what we believe is the best program in retail.”

“We’re proud to enter into a strategic partnership with BJ’s to further accelerate their growth and support their commitment to deliver significant value to their members,” said Buck Stinson, Senior Vice President, Head of U.S. Card Partnerships at Capital One. “We look forward to working together to offer BJ’s Mastercard cardmembers unique value and convenience.”

“We’ve been proud to bring the power of our network to support BJ’s Mastercard cardmembers since 2014,” said Bunita Sawhney, Executive Vice President, U.S. Financial Institutions at Mastercard. “With the addition of Capital One as the exclusive issuing partner for this program, we will be able to further deliver industry-leading everyday rewards and benefits to BJ’s members.”

BJ’s Wholesale Club delivers value, convenience and assortment through incredible savings at an unbeatable value, helping members save up to 25% off grocery store prices on national brands.

BJ’s is proud to offer a wide assortment of fresh foods, produce, household essentials, gas, tires and much more. As an easy one-stop shop, members can enjoy a differentiated shopping experience enhanced by omnichannel capabilities, including same-day delivery, in-club pickup and ship-to-home.

Capital One has a superb track record of working with partners to deliver industry-leading payment products and digital capabilities that drive partner growth and deepen customer loyalty.

Full press release here.