Everything About Bp Visa Rewards Card

by : Richard Gilliland

The J.P.Chase & Company offers a variety of credit cards, which are exclusively designed to suit the variety of needs of the customers. The BP Visa Rewards Card offered by the Chase Company is apt for those who have good credit and make frequent purchases at BP gas stations. You will stand to gain a lot from the credit card.

Before going into the details of the offers/rewards furnished by the card, you will need to have a comprehensive knowledge of the card features.

The Features

For the initial six months' period, the card offers 0% introductory annual percentage rate. Once the introductory period expires, the card offers a competitive rate. The regular annual percentage rate changes to 15.24 percent. There is annual fee charged of you for the card.

All these features certainly make the card truly compelling; however, on a cautionary note we must say that the card is not ideal for carrying balances. This is precisely because contrary to the common practice of calculating financial charges by the 'Average Daily Balance' method, the card determines financial charges by a costlier 'Two Cycles Average Daily Balance' method.

The Various Other Benefits

In the first two months, you have the opportunity to earn double rebates. If you use your card at the BP businesses, then you can earn 5 percent rebate. You can also earn 2 percent rebate for using your card for traveling and dining. Another 1 percent rebate can be earned for other eligible purchases.

You can start redeeming your rewards only if you have earned $25 worth your rebates. The rebates that you earn can be redeemed for conservation fund donation, cheques and gift cards.

There is no limit to the amount of rewards that can be earned. Being a BP Visa Rewards cardholder, you have the facility to earn the rebates as long as you possess the card. The frequent travelers can also use the BP Visa Card, as it will prove very beneficial for them.

The card also holds certain platinum benefits like the auto rental insurance, travel accident insurance and emergency and travel assistance services.

Those who are eager to pay in full each month so as to avoid the finance charges can use the card for earning great benefits.

The Extra Benefits

The Card furnishes a chain of facilities and advantages, which can prove very beneficial in the long run. The host of offers incorporates lost and stolen card reporting, travel and emergency assistance services, extended warranty for purchases, purchase protection, travel accident insurance and so on.

The card also renders the opportunity to view the financial statements and also log on to the Internet so as to collect necessary information on the other benefits that are offered. Certain restrictions and limitations are also applicable on the card. If you are intent upon opening an account, you can refer to the Guide to Benefits for details.