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BJ’s Wholesale Club to Move Credit Cards to Capital One, a Blow to ADS

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BJ’s Wholesale Club to Move Credit Cards to Capital One, a Blow to ADS

Alliance Data Systems Corp. is losing one of its biggest credit-card accounts: BJ’s Wholesale Club Holdings Inc.

The members-only wholesale club is moving its co-branded credit cards to Capital One Financial Corp., according to people familiar with the matter.

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