Loyalty & Rewards

BJ’s Rewards Cards Debut On-Demand Checkout Redemption

Membership retailer BJ’s Wholesale Club is rolling out a co-branded credit card with rewards that its members can redeem on-demand when checking out at BJ’s stores, the company announced on Wednesday (Nov. 19).

The on-demand redemption feature, which lets cardholders spend their rewards in $20 increments, is a first among wholesale-club retailers, the company said. The feature gives members “the choice to build their awards for greater savings off a bigger purchase or they can put them to use during their weekly shop,” said Laura Sen, BJ’s CEO.

BJ’s is offering two new MasterCard-branded rewards cards under the program. The BJ’s Perk Elite card has a $100 annual fee and returns 5 percent back on most purchases in and outside of BJ’s stores. The BJ’s Perks Plus card has a $50 membership fee and 3 percent rebates.

Both cards also provide 10 cents off per gallon on gas from BJ’s, 2 percent rebates on eating out and non-BJ’s gas purchases, 1 percent rebates on other non-BJ’s purchases, up to $50 in bonus rewards after the first use of the card outside BJ’s, and a $25 club membership renewal savings.

The rewards program is being run by Alliance Data Retail Services, which will handle analytics to drive cardholder engagement and create relevant offers, the company said.



B2B APIs aren’t just for large enterprises anymore — middle-market firms and SMBs now realize their potential for enabling low-cost access to real-time payments and account data. But those capabilities are only the tip of the API iceberg, says HSBC global head of liquidity and cash management Diane Reyes. In this month’s B2B API Tracker, Reyes explains how the next wave of banking APIs could fight payments fraud and proactively alert middle-market treasurers to investment opportunities.

Click to comment