BP Visa® Gas Rewards Card

The BP Visa® Gas Rewards Card, issued by Chase, is designed for those who have very good credit and plan to take advantage of the gas rewards program.

Through the rewards program, BP Visa® Gas Rewards cardholders earn rebates that can be applied towards free gasoline at BP gas stations. For the first two billing cycles, cardholders earn a 10% rebate on BP gas purchases; a 4% rebate on purchases at dining establishments, airlines, lodging facilities, and on car rentals; and a 2% rebate on all other purchases. After the first two billing cycles, cardholders earn a 5% rebate on BP gas purchases; a 2% rebate on purchases at dining establishments, airlines, lodging facilities, and on car rentals; and a 1% rebate on all other purchases. Every time cardholders earn $25 in rebates, they will have their choice of receiving a BP gift card or a cash back check or making a donation to The Conservation Fund.

Aside from the rewards program, the BP Visa® Gas Rewards Card also offers common platinum benefits such as travel accident insurance, auto rental insurance, and various travel and emergency assistance services.

The BP Visa® Gas Rewards Card has no annual fee and the APR for purchases is reasonable for those who qualify. In addition, the card offers a 0% introductory rate on balance transfers for the first six months.

Therefore, those who qualify for the lowest rate offered and plan to use the credit card at BP gas stations (to earn the standard non-promotional 5% rebate) will benefit most from what the BP Visa® Gas Rewards Card has to offer.
Review Date: 1/4/2008

Most Attractive Feature(s): Double rewards for purchases within the first two billing cycles; high 5% rebate for BP-related purchases; reasonable APR for purchases (for those who qualify).
Least Attractive Feature(s): Rebates are not earned on purchases made at merchants that sell non-BP or non-Amoco fuel.

Additional Perks
Various Internet account related services.
Emergency card replacement.
Emergency cash replacement.
Lost and stolen card reporting.
Auto rental insurance (Auto Rental Collision Damage Waiver).
Various travel and emergency assistance services.
Extended warranty for purchases.
Purchase protection.
No liability for unauthorized transactions.
Travel accident insurance.
Year-end financial statement (upon request).
See website for additional benefits.
Certain restrictions, limitations, and exclusions apply.
If an account is opened, please refer to the Guide to Benefits for details.

Important Notations
The APR for purchases and balance transfers varies according to the applicant's credit history and will be 6.99%, 10.99% or 14.99% + Prime Rate.
See website for complete terms and conditions of card usage and application disclosure.