A brief Introduction to BP Visa Credit Card
BP Visa Credit Card is issued by Chase and contains a special reward program. By this reward program cardholders earn rebates for every purchase made by the card and these rebates can be used for free gasoline at BP Gas Stations.
The card is ideal for those who maintain good credit balance on their card and want to benefit from the reward program.
Reward Benefits
- Cardholders earn a 5% rebate on gas purchases from BP Gas Stations.
- Customers get a 2% rebate on purchases at select dining establishments and on purchases of select airline tickets and car rentals.
- Customers enjoy a 1% rebate on all other eligible purchases.
- Customers who opt for the BP Visa Credit Card get their rebates doubled during the first two billing cycles.
- Customers continue to earn rebates on their purchases and when their earned rebate is of worth $25, they get a BP gift card or cash back cheque according to their preference. They can also donate the rebate amount to The Conservation Fund which is a national environmental charity organization.
Other Benefits
- Cardholders get travel accident insurance and auto rental insurance with this card.
- The cardholders get the facility of introductory 0% Annual Percentage Rate on the purchases and balance transfers. This introductory offer is valid for six months. But, after that period also, the APR is quite reasonable.
- The cardholders are not required to pay any annual fee.
Online Services Benefits
- Customers can manage their BP Visa Credit Card Account through Internet. They can pay their credit card bill online. They can check the transactions details and can report promptly if there occurs any dispute or any fraudulent charge.
- Cardholders can maintain their profile easily by updating their contact numbers, e-mail address or mailing address online, whenever they require.
- Customers can place request online for increasing the credit limit or for changing the billing due date.
- Cardholders can transfer balances on their card using online services.
- Customers can opt for paperless statements which they get online.
Limitations of Using the BP Visa Credit Card
- Rebates of BP Visa Credit Card are earned on the purchases of gas from BP Gas stations only. Cardholders do not get any rebate on purchases from the merchants who sell non BP fuel.
- The BP Visa Credit Card applies “Two Cycles Average Daily Balance” method for calculating financial charges. This makes the cost of maintaining the balance much higher compared to general “Average Daily Balance” method.