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Thursday, June 15, 2006

New BP Visa Credit Card

Author: georgee
Posted: Mon Apr 24, 2006 7:17 am
Post subject: New Revised BP Visa


Effective May 1, the BP Visa is being revised to:

5% on BP, Amoco purchases (was 3%)

2% on travel-related expenses (hotels, airfare, car rentals) and dining out (new benefits)

1% on all else, except nothing on non-BP gas purchases.

AND .....

The rewards schedule is not not tied in with a BP gas purchase. It is based on a points total, and 2500 points gets you a $25 check or $25 gift card (who would want the gift card since you can't earn rebates on it?) In fact, the Chase supervisor told me that you never have to buy BP gas at all to earn the rewards.

This reward schedule is better than my Chase Free Cash Rewards schedule, which pays only 1 % on everything. Plus, this can somewaht ease the pain of the demise of the Disocver Restuarant card, for those of us who eat out a lot.

New cardholders get double rebates for 60 or 90 days (I'm not sure which). Existing cardholders will be automatically switched to this new better program effective 5-1-06.

I "traded" my Free Cash Rewards Signature Visa for the BP Visa yesterday. Interest rate is higher, but I PIF every moth, so I don't care.


CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!


Author: Board Monitor
Posted: Mon Apr 24, 2006 12:39 pm
Post subject:


This is good news! Thanks for sharing...
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Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews



Author: stevejk
Posted: Mon Apr 24, 2006 2:58 pm
Post subject: New BP Visa Credit Card


Where can we find more information about this? I can't find the BP card on the Chase website. I can find this offer but can't navigate there from the First USA website.

Update:
Also, how long before the points expire?
$50 in free gas (with the above offer) is not that bad.


CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

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