| Last updated on November 13th, 2023
BJ's Business Elite™ Mastercard®
BJ's Business Elite™ Mastercard®
- See Terms Regular Purchase APR
- See Terms Balance Transfer APR
- See Terms Cash Advance APR
At a Glance
The BJ's Business Elite™ Mastercard® is a business card that maximizes savings at BJ's Wholesale Clubs. Your company can earn up to 5% back on BJ's purchases while savings 15 cents at the pump - all for no annual fee.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- 5% back in rewards on most BJ's purchases
- 15¢ off/gal. at BJ's Gas®
- 2% back in rewards everywhere else Mastercard® is accepted
- World Elite Mastercard® status
- Regular Purchase APR: See Terms
- Balance Transfer APR: See Terms
- Balance Transfer Transaction Fee: See Terms
- Cash Advance APR: See Terms
- Cash Advance Transaction Fee: See Terms
- Late Payment Penalty Fee: Up to $40
- Your company frequently buys supplies at BJ's Wholesale
- Your company frequently purchases gasoline at BJ's locations
- You plan on issuing employee cards to maximize rewards
- You do't want to pay an annual fee
BJ’s Business Elite™ Mastercard®
How to Earn Rewards
Like the personal versions of the BJ’s Capital One credit cards, the BJ’s Business Elite credit card earns its best rewards at BJ’s locations across the United States. Companies earn 5% back in rewards on most BJ’s purchases, with only a select handful of transactions not qualifying for those maximum rewards:
|Shipping||Sales tax||Bottle deposits||Alcoholic beverages|
|Cigarettes and smoking products||Lottery tickets||Gift cards||BJ’s gas|
|Online optical purchases||Membership fees||Warranties or protection plans||BJ’s B2B and Global Sales transactions|
Besides BJ’s purchases, companies can earn quality cash back with every swipe, tap, or online order. Your business will enjoy unlimited 2% cash back in rewards on all other purchases – not bad for a no annual fee business card.
The 5% back in rewards on BJs purchases is great – but like the consumer cards, the business version of the BJ’s Mastercard suffers from lacking a “gas” bonus category. Sure, companies save 15¢ off/gal. at BJ’s Gas, those savings only apply if you and your employees pump gas exclusively at BJ’s Gas locations. If not, there are better business cards, such as the GM Business Card™, which earns an impressive 3% in Earnings on purchases at gas stations, restaurants and office supply stores, and 1% on all other purchases (in addition to 5% back in Earnings for GM dealership parts, accessories or service purchases).
How To Redeem Rewards
Redeeming rewards with the BJ’s Business Elite Mastercard is simple. Because the BJ’s credit cards are co-branded store cards, your redemption options are limited. Business cardholders can redeem rewards when shopping with BJ’s –at BJ’s checkout in-store or online.
Please note that you must have a minimum balance of $10 in rewards to redeem, and your purchase must be at least $10 to qualify for points redemptions. Rewards never expire for the life of your account.
World Elite Mastercard
The BJ’s Business Elite Mastercard is a full-fledged World Elite Mastercard product. World Elite is the premier tier in the Mastercard portfolio, offering companies the very best of protections, benefits, and more:
|Zero Liability||ID theft Protection||Global Emergency Services||Mastercard Biz|
|Car Rental Insurance||Mastercard Airport Concierge||Priceless Golf||Business Controls|
|Mastercard Receipt Management||Mastercard Easy Savings®||Intuit QuickBooks® and TurboTax®||Salesforce Essentials|
|Microsoft 365||24/7 Business Assistant||Mastercard Premium Easy Savings||Mastercard Travel & Lifestyle Services|
Other Business Cards to Consider
Here are a few other small business and enterprise credit cards to consider:
Ramp Visa Card
Revenued Business Card Visa®
BILL Divvy Corporate Card
|Use to shop at any retailer worldwide that accepts Visa cards||Receive $500 in cash back after spending $5,000 on your card in the first 3 months||Ideal for companies that struggle with expense reports, reimbursements, receipts, and expensive annual service contracts|
|Earn unlimited 1.5% cash back on every purchase||Earn 3% cash back on every purchase||Earn up to 7X on dining purchases, up to 5X on hotels, up to 2X on recurring software subscriptions, and up to 1.5X on all other purchases|
|Add virtual cards to your Apple Wallet or Google Pay||Approvals are based on revenue, not your credit score||Combines seamless expense management software with business cards so you never have to process another expense report|
|Block or restrict spending to a specific vendor – for either a specific card or your entire company||No monthly or annual fees while you use your card or Flex Line||No contract, no obligations|
|No fees – including foreign transaction, setup, or replacement fees||No fees or hard credit checks to apply||No interest rates, no annual fee|
Other Card Features
Beyond the cash back rewards and fuel savings, the BJ’s Business Elite Mastercard provides a full suite of Capital One business and account management tools. These tools include choosing your credit card due date, free employee cards (including spend management and payment controls), and more. Your business will also enjoy seamless software integrations. Simply connect your Capital One Business card to ERP platforms like Quickbooks®, Concur Expense®, Expensify®, Xero®, and Abacus®
Other features include:
- EMV chip and pin technology for additional layers of security
- Year-end summaries of your spending to simplify budgeting and tax time.
- Make vendor payments online and use your Capital One Business card to pay vendors that don’t accept cards for a 2.9% fee.
Capital One Ratings
How is Capital One a credit card issuer? Here is a selection of reviews for the bank from consumers and experts alike:
Should You Apply for the BJ’s Business Elite™ Mastercard®?
The BJ’s Business Elite Mastercard is a decent business credit card if your small or medium-sized business is a BJ’s member and you spend heavily at the wholesale club. That’s because the card offers little beyond NJ’s savings. Sure, the 5% back on BJ’s purchases and 15 cents of savings at the pump are great – but only if you pump that gas at an eiligble BJ’s Gas location – if that isn’t your brand, there are plenty of other options to consider.
Other Cards to Consider:
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