10% Gas Rebate from Chase BP Visa Rewards Card

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

This card has been discontinued. You may like to check out Costco Amex True Earnings Card which is currently offering 3% cash back for all automobile purchases.

Aug 19, 2008: Rising gas prices compelled us to look for a gas rebate card that would help us save money on our gas purchases. Our search revealed that Chase BP Visa Rewards is still the best gas rebate card. This card is offering a 10% cash back on gas purchases made at all BP locations across US for the first 60 days and 5% thereafter. Since we do have quite a few gas stations in our neighborhood this card fits our bill perfectly.

It is interesting to note that Kiplinger's Personal Finance has rated this card as the "Best Gasoline Credit Card of 2006". So let us delve into its benefits to find out for ourselves why it is the best.

• Sign Up Link: Deal & Details

• First 60 days
• 10% rebate at all BP locations
• 4% rebate on all eligible traveling and dining
• 2% rebate on all other eligible purchases

• Thereafter
• 5% rebate at all BP locations
• 2% rebate on all eligible traveling and dining
• 1% rebate on all other eligible purchases

• No Annual Fee

• 0% fixed APR for the first 6 billing cycles following the opening of your account

• Rewards Redemption - For every $25 you earn in rebates — you can have your choice of rewards:
• $25 BP Gift Cards
• Checks made payable to you
• Donations to The Conservation Fund, an environmental charity

Chase BP Visa easily scores over all prevailing gas cards on its rewards for the first 60 days. Thereafter what makes it appealing is a 2% cash back on all eligible travel and dining. Most gas cards offer a 5% cash back on gas purchases but only 1% cash back on everything else including dining and travel. Also, we find the rewards redemption in the form of personal checks (made payable to us) more convenient than store cards purchased with reward points.

This is really a good card, more so since Chase is offering it. Chase has excellent online infrastructure which makes credit card management a breeze while you are on the road. So we wish you all happy rewards collection with Chase BP Visa. We look forward to hear back from you on your Chase BP experiences.

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