WILMINGTON, Del., Aug. 21 /PRNewswire-FirstCall/ -- BJ's Wholesale
Club, Inc., today announced that it has partnered with Barclays (NYSE: BCS)
to launch the BJ's Visa Card. The new credit card offers cardholders a
faster, more consumer-friendly way to earn BJ's Bucks(R), and introduces a
number of new, convenient card features that provide additional value to
qualified BJ's Members. Consumers can apply for the card at
Effective August 1, new BJ's Visa cardholders receive the following:
-- Two points for every dollar spent on eligible BJ's purchases
-- One point for every dollar spent on all other purchases
-- 1,000 bonus points after their initial purchase
-- For every 2,000 points accumulated, the cardholder automatically will
receive with their monthly statement a $20 BJ's Bucks check, which can
be used for BJ's purchases
-- The option to use their BJ's Visa Card as their BJ's Membership Card
-- Fast checkout with Visa payWave, Visa's contactless technology
Visa payWave allows consumers to pay for purchases by waving their
contactless-enabled card within two-inches of a secure card reader. The
reader lights up and beeps to inform consumers that their transaction is
being processed through Visa's secure network. Currently more than 32,000
retailers in the U.S. accept Visa payWave.
"Members shop at BJ's Wholesale Clubs for the quality products,
selection, convenience and overall value that a BJ's Membership brings to
their lives, and we wanted to deliver that same brand experience with our
BJ's Visa Card," said Ed Gillooly, Executive Vice President, Chief
Marketing Officer, BJ's Wholesale Club, Inc. "We are always looking for
ways to provide additional value to our Members and we feel that the BJ's
Visa Card provides exceptional benefits."
"We worked closely with BJ's to develop a card program for its Members
that would deliver greater value and convenience, including faster rewards
accumulation, integrating the membership card with the credit card, and the
addition of Visa's payWave contactless payments," said Chuck Moore, Chief
Marketing Officer, Barclays U.S. credit card business. "By making the BJ's
Visa Card a more rewarding and versatile card for consumers, we're helping
the company build a stronger, more loyal member base while helping
consumers save even more money at BJ's."
Barclays also plans to issue a business credit card for BJ's Business
Members beginning in January 2008.
"The BJ's partnership is a testament to Barclays ability to provide
more customized and flexible offerings, greater loyalty opportunities, new
technologies and unparalleled customer service to the nation's best known
brands," said Lloyd M. Wirshba, CEO of Barclays U.S. credit card business.
"As one of the most innovative credit card issuers in the world, Barclays
can leverage the knowledge, expertise and proven marketing strategies of
our global card operations to help our partners achieve maximum results
from their co-branded credit card offerings."
"We believe the new BJ's Visa Card will help to address consumer desire
to get more from every purchase through enhanced rewards, while offering a
fast, convenient purchase process with Visa payWave," said Jim McCarthy,
Senior Vice President, Consumer Credit Products, Visa USA. "Working in
partnership with Barclays and BJ's, we can deliver BJ's Members with a
compelling purchase choice over cash and checks."
For additional information regarding the terms and conditions of the
BJ's Visa, please log on to http://www.bjs.com.
About BJ's Wholesale Club
BJ's Wholesale Club is dedicated to providing its members with
high-quality, brand name merchandise at prices that are significantly lower
than the prices found at supermarkets, supercenters, department stores,
drug stores and specialty retail stores. BJ's offers low BJ's Member
Pricing on a huge selection of top-brand apparel and accessories, small
appliances, consumer electronics, fine jewelry, groceries and other quality
Headquartered in Natick, Massachusetts, BJ's Wholesale Club, Inc. is a
leading operator of warehouse clubs in the eastern United States. The
Company currently operates 175 clubs and 99 gas stations in 16 eastern
states. Learn more about BJ's Wholesale Club at http://www.bjs.com.
About Barclays PLC
Barclays PLC is a major global financial services provider engaged in
retail and commercial banking, credit cards, investment banking, wealth
management and investment management services. It is one of the largest
financial services companies in the world by market capitalization. With
over 300 years of history and expertise in banking, Barclays operates in
over 50 countries and employs over 127,000 people. Barclays moves, lends,
invests and protects money for over 25 million customers and clients
worldwide. For further information about Barclays, please visit our website
Headquartered in Wilmington, DE, Barclays U.S. credit card business has
more than 50 partnerships with some of the country's most successful
travel, entertainment, retail and financial institutions including US
Airways, AirTran Airways, Frontier Airlines, Midwest Airlines, Carnival
Cruise Lines, BJ's Wholesale Club, Travelocity, Gulf Oil, and others. The
company employs more than 1,400 associates in Wilmington and Colorado
Springs, CO, and was named a Top Five Employer in Delaware in 2007. For
more information please visit http://www.barclaycardus.com.
SOURCE Barclays PLC