This study's first goal is to investigate whether a 23-item multidimensional scale is a valid and reliable measure of benefits private club members perceive to be important. Seven theoretically plausible model structures are empirically tested: a unidimensional model, a two oblique first-order factors model, a four oblique first-order factors model, a two oblique second-order factors model, a bifactor model with two domain-specific factors, a bifactor model with four domain-specific factors, and two oblique bifactor models. The second goal is to examine the benefits members receive most often from their membership clubs. The multidimensional scale is based on four dimensions: member-to-employee relationship, member-to-member relationship, confidence, and reduced anxiety. Member-to-employee relationship and member-to-member relationship subscales are aligned with social benefits while confidence and reduced anxiety subscales are aligned with psychological benefits. The study participants (N = 114) were recruited through a commercial crowdsourcing platform, Prolific. The results of a Bayesian confirmatory factor analysis (BCFA) provided support for the two oblique bifactor models. Additionally, the social benefits and psychological benefits bifactor scales displayed acceptable reliability. A comparison of the means for each type of benefit revealed that no statistically significant differences existed between the general social benefits factor and the general psychological benefits factor as well as between member-to-employee relationship and member-to-member relationship benefits. However, the mean of reduced anxiety benefits was statistically significantly higher than the mean of confidence benefits. The findings of this study contribute to the theoretical understanding and measurement of private club membership value by examining various dimensions of benefits members perceive to be important. The findings also provide private club managers with a valid and reliable scale for assessing benefits their members perceive to be important.