Chase Bank offers a number of different credit cards, one of which is its BP card.  This fully-functional Visa bears the BP logo and is specially designed to maximize rewards for those who regularly frequent the large gas station chain.  The BP credit card offers a number of interesting perks that should make it appealing for any BP customer, including those who may already have good credit cards.

On its face, the card is attractive to non-BP customers, too.  It features a highly competitive interest rate for those who apply.  The ongoing APR is set at a 12.24% to 19.24% depending upon the card holder’s application information and credit history.  This is coupled with an impressive 0% balance transfer rate for six billing cycles.  Chase does not charge an annual fee for its BP cards.

As you can see, the card itself is relatively solid based on those factors alone.  There are probably hundreds of non-rewards credit cards on the market that can’t compete with those terms.  The BP card stands out as one of the best in its field.

But when you consider the additional advantages that come with the BP credit card, it becomes even more attractive.  One independent review outlet named the BP offering the “best gasoline credit card” for two consecutive years.  That wasn’t a mere matter of luck.  This is a card that really offers something extra to cardholders.

Instead of relying on an overly complex and multi-layered reward scheme with countless exclusions and special rules, the BP card works with a straightforward rebate system.

The BP Visa has a stunning rebate plan.  After the first sixty days of the account’s life, you get an automatic 5% rebate on all purchases made at any of the nearly 11,000 BP locations.  You can also secure a 2% rebate on a wide variety of dining and travel purchases.  Almost all other purchases result in a 1% discount.

That sounds pretty good, doesn’t it?  Well, it pales in comparison to what happens during the first sixty days!  During those first months of having a BP credit card, those already-generous rebates are doubled.  That’s right, 10% on BP purchases, 4% on travel and dining and 2% on just about everything else.

Go ahead and crunch the numbers on that deal.  You’re sure to be impressed.  That’s especially true if BP is your primary gas station.  When you consider what you spend on fuel, it becomes obvious that qualifying for regular rebates shouldn’t be particularly difficult.  It’s nice to see a reward card that takes a bite out of fuel costs by providing cardholders with an opportunity they can legitimately take advantage of.

When you’ve accumulated at least $25 in rebates, you can “cash out” in one of three ways.  You can request gift cards to BP in $25 increments, you can simply receive a check for the amount of the rebate or you can donate your rebates directly to The Conservation Fund, an internationally recognized environmental charity organization.  With generous rebates and a range of redemption offers, the BP card really stands out in a crowd.

In many cases, rewards cards aimed at a particular chain of stores can be relatively weak offerings that use the store brand as little more than a tawdry marketing gimmick.  That’s not the case with the BP credit card.  This is a strong Visa offering that has an impressive array of attached benefits.

If you fuel up at BP on a regular basis, you should certainly consider applying for a BP card.  It’s a very good rewards credit card.