BP and JP Morgan Chase are offering a Visa cash back credit card. The gas-cash back credit card earns 10 percent cash back on all purchases at BP locations for 60 days. The gasonline credit card also earns 4 percent rebates on all travel and dinning for the first 60 days and a 2 percent rebate on all other purchases.
After the first 60 day period has ended the cash back credit card earns 5 percent cash back on all purchases at BP locations, 2 percent on travel/dinning and 1 percent on all other purchases.
You can earn up to $50 cash back each billing cycle for the first 60 days. After the initial 60 day period you can earn up to $25 cash back each billing cycle.
You can elect to receive your cash back in $25 BP gift cards, checks made out to you or you can donate the rebates to The Conservation Fund.
There are several restictions on the gas cash back credit card, :
- Purchases made at locations where competitive gasonline is sold
- Fast food restaurants
- Specialty stores
- Superstores
- Warehouse clubs
- discount stores
Online and catalog purchases are not eligible to receive the 2% base or bonus rebate unless the merchants have correctly identified and billed the transactions.
BP/JP Morgan Chase Bank Visa
Author: Monitorbankrates.com
May 7th, 2009
