BJ’s Perks Elite Mastercard: Your Ultimate Credit Card for Rewards and Savings

The BJ’s Perks Elite Mastercard, issued by BJ’s Wholesale Club, stands out as a premium offering in the world of credit cards. Designed for savvy shoppers and frequent travelers alike, this co-branded rewards card provides exceptional features aimed at maximizing your spending power while offering a host of benefits.

Card Type

The BJ’s Perks Elite Mastercard falls under the cashback credit card category, allowing cardholders to earn rewards on their everyday purchases. It combines purchasing flexibility with a robust rewards program tailored to BJ’s members.

Annual Fee

This card comes with a minimal annual fee of $110, which is waived for the first year for new cardholders. This makes it an attractive option for BJ’s members who wish to take advantage of beneficial perks without a hefty financial burden.

Rewards Program

The BJ’s Perks Elite Mastercard is known for its generous rewards structure. Cardholders earn 3% cashback on BJ’s purchases, while earning 2% cashback on dining and 1% cashback on all other purchases. This rewards program is straightforward, allowing you to redeem your cashback easily at BJ’s or through statement credits. Every dollar spent translates directly into savings, making it a compelling choice for regular shoppers.

Sign-Up Bonus

New applicants can take advantage of a lucrative sign-up bonus that offers $60 in BJ’s Bucks after spending $500 within the first 30 days. This ideal incentive encourages initial usage, allowing cardholders to quickly benefit from their membership.

APR (Annual Percentage Rate)

The BJ’s Perks Elite Mastercard features a competitive regular APR of 14.99% to 24.99%, depending on creditworthiness. New cardholders may also enjoy a 0% introductory APR on purchases and balance transfers for the first 12 months, presenting an excellent opportunity for cardholders looking to manage existing debt or make big purchases.

Foreign Transaction Fees

For those who frequently travel overseas, the BJ’s Perks Elite Mastercard is advantageous due to its no foreign transaction fees. This allows cardholders to make purchases internationally without incurring additional costs, making it a smart choice for globetrotters.

Balance Transfer Options

This card offers favorable balance transfer options, featuring a 0% APR introductory offer for the first 12 months. A balance transfer fee of 3% applies, making this card a practical tool for consolidating debt while saving on interest.

Additional Fees

Besides the aforementioned features, cardholders should also be aware of additional fees including a late payment fee of up to $40 and a cash advance fee of either 5% of the cash advance or $10, whichever is greater. It’s essential to manage your payments to avoid these fees.

Card Benefits and Perks

The BJ’s Perks Elite Mastercard offers an array of benefits and perks that enhance the overall value of the card. These include exclusive BJ’s member-only pricing, special financing offers, and access to BJ’s cash rewards, among others. These perks make it more than just a typical credit card; it offers rewards that directly impact your shopping experience.

Customer Protections and Insurance

Cardholders can enjoy several protections and insurance features as part of the BJ’s Perks Elite Mastercard package. These include:

• Fraud liability protection: Ensures you are not responsible for unauthorized charges on your account.
• Purchase protection: Covers new purchases against damage or theft for a specified period.
• Extended warranty: Offers additional coverage on eligible purchases.
• Rental car insurance: Provides coverage if you rent a car using your BJ’s Mastercard.

Eligibility and Credit Score Requirements

To qualify for this card, applicants typically need a credit score in the good to excellent range (660 or higher). Other factors like income and credit history may influence approval.

Introductory Offers

As mentioned earlier, the BJ’s Perks Elite Mastercard features impressive introductory offers. The 0% APR on purchases and balance transfers for the first 12 months can be advantageous for new cardholders looking to save on interest as they adjust to their new card.

Special Features or Unique Selling Points

What sets the BJ’s Perks Elite Mastercard apart from other credit cards is its unique offerings. These include the opportunity to earn additional BJ’s Bucks for qualifying purchases during special promotional events and the ability to redeem points in any BJ’s Wholesale Club across the country.

How to Apply

Applying for the BJ’s Perks Elite Mastercard is a breeze. Interested individuals can fill out their application online through the official BJ’s website. You can start the process by visiting the apply today for your chance to save and earn with every purchase!