The MasterCard and Visa logos are representative of the most widely distributed credit cards in the world that are issued to consumers for both business and personal use. Almost all financial institutions offer MasterCard and Visa credit cards that are differentiated from one another by the benefits provided with the account ownership of credit card issued by the particular financial institution as well as the specific terms and conditions issued by the various financial institutions.
The BP Rewards Visa Card is issued by Chase is a platinum level Visa card with generous terms and conditions and a feature rich and rewarding benefits program. This particular Visa card is usually issued to those individuals who have very good to excellent status ratings with the major credit reporting bureaus.
In addition to the rewards of the typical Platinum level Visa card, which include auto rental insurance, travel insurance and a variety of additional travel and emergency assistance related services, the BP Rewards Visa Card also offers a 5% rebate on all participating BP gasoline stations for gas purchases, 2% rebates on all eligible travel and dining purchases and a 1% rebate on all other eligible purchases. There is not limit to the amount of rebates you can receive for eligible purchases and there is no annual fee associated with opening or maintaining a BP Visa Rewards Card account. Rebates continue to accumulate in the cardholders account until redemption is requested. Redemption will result in the issuance of a BP gift card redeemable for purchases at BP locations, a check made payable to the cardholder or a donation made to the The Conservation Fund, which works to encourage sustainable solutions for our wildlife and their habitats through research, animal rescue and rehabilitation and conservation education.
Dining establishments that are eligible for a 2% rebate of the net purchase price include the majority of restaurants, airlines, auto rental and lodging establishments that accept Visa or MasterCard and display the Visa and MasterCard logos, excluding those businesses classified as fast food restaurants. Other purchases eligible for a 1% rebate of the net purchase price include all other purchases made where the BP Visa Rewards card is accepted, excluding purchases made at merchants where non-Amoco or non-BP fuel is sold.
For those who have a good credit rating and frequently purchase gasoline from a BP gas station, the BP Visa Rewards card will be incredibly beneficial. The 5% rebate that is earned with every gasoline purchase at participating BP stations accumulates quickly and will help a great deal to offset the rising cost of gasoline.
Devin Gilliland provides advice on how to apply for credit cards at Credit-Wisdom.com.
How can I pay off my Chase Student Visa with my Chase Freedom Visa?
My sister bought something and wants to use my Chase Freedom credit card to pay it off so she can make monthly payments on it, but we don't know how to pay off her Student Visa with the Freedom.
Answer
You can use one of your credit cards to pay off an other one of YOUR credit cards. But you can't use it to pay off someone else's. Also keep in mind that by letting someone else use your credit card you are in essence giving them a loan. Loaning money to friends or family almost always turns out badly. Why doesn't she just make payments on her Student VISA? This story has bad nes written all over it. Luckily for you, your credit card company will not allow you to pull it off the way you wish. What you can do is get a cash advance from your credit card company and use the proceeds to pay off your sister's card. But the rates on cash advances are pretty high and you (not your sister) will be on the hook for that debt. Don't do it.
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