Credit Cards: Gasoline company rebate credit cards

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Gas rebate credit cards compared
By Laura A. Bruce • Bankrate.com

Paying for gas is a lot more painful lately, but with a gas rebate credit card you won't have to haul so much cash, and you'll get something back. But carrying a balance can be costly and lead to some nasty bills -- these cards tend to charge a higher annual percentage rate than other cards.

While the Bankrate.com national survey for the week of July 3 to July 8 found that the average variable-rate credit card carried an APR of 17.12 percent, the interest rate on gas rebate cards can run as high as 24.4 percent.

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Gas rebate credit cards	APR	Annual fee	Rebate	Phone
Amoco Visa	6.9% first 6 months, then 20.40%	None	3% on Amoco products up to annual limit of $70, then it drops to 1%. 1% rebate on non-Amoco purchases.	1-800-254-9695
BP Oil Visa	3.9% first 5 months, then 12.99%	None	3% on BP products up to $300 per year, 1% rebate on non-BP products	1-800-BP-VISA1
Citgo Visa	21.74%	None	1% on all purchases up to $40 per month	1-800-GO-CITGO
Conoco Visa	17.01% - 21.01%	None	3% on Conoco products, 1% on other purchases	1-800-764-9500
Exxon MasterCard	19.81%	None	3% on Exxon products, 1% on other purchases	1-800-554-6914
Gulf MasterCard	prime + 7.9%	None	4% on Gulf products, 1% on other products, $350 annual limit	1-800-367-4853
Shell MasterCard	18.89%	$20, waived the first year and every year after if you use the card at Shell at least nine times	5% on Shell products, 1% on non-Shell products	1-800-FREE-GAS
Phillips 66 MasterCard	6.6% for 6 months, then between 17.40%-24.40%	None	2% on Phillips products, 1% on other purchases	1-888-PHILLUP

-- Posted: July 10, 2000

See Also

•	Main story: Gas credit cards convenient, but pricey

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