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Monday, April 24, 2006

New Features on BP Visa Credit Card

Guest: georgee
Post subject: New Features on BP Visa Credit Card
Posted: Mon Apr 24, 2006 7:17 am

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.


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Guest: Board Monitor
Board Monitor/ Administrator
Posted: Mon Apr 24, 2006 12:39 pm

This is good news! Thanks for sharing...
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Guest: stevejk
Credit Expert (100+ Posts)
Posted: Mon Apr 24, 2006 2:58 pm

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.

Last edited by stevejk on Mon Apr 24, 2006 3:02 pm; edited 1 time in total


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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Apr 24, 2006 3:00 pm

FINE IF YOU ONLY USE BP FOR GAS

kinda' RUDE that they won't let you even get 1% for non BP GAS!!!!!!


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