Total Estimated Rewards Earnings Annually: $193.07
BP Visa® Rewards Card Review:
The BP Visa® Rewards Card, issued by Chase, is designed for those who have very good credit and plan to take advantage of the gas reward program.
Through the reward program, 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 the cardholder earns $25 in rebates, they will have their choice of receiving a BP gift card, a cash back check, or of making a donation to The Conservation Fund.
Aside from the reward program, the card also offers common platinum benefits such as travel accident insurance, auto rental insurance, and various travel and emergency assistance services.
The card has no annual fee and the APR for purchases is reasonable for those who qualify. In addition, the card also 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® Rewards Card has to offer.
