The concept of credit cards has crossed the peripheries of banks as it was in the olden days. Now you will find credit cards that are offered by different service providers and retailers in collaboration with the various financial services providers.
However, the credit cards issued by the retailers come with different unusual features that you may not find in a traditional credit card offered by a bank. These financial products are typically used in purchasing products and services of the specific retailer in addition to specific incentives that may be designed to allure them to make a purchase.
The Convenience and Security of a BP Credit Card
Benefits of BP cards
You should not look beyond the BP credit card if you want to save a few more dollars when you purchase gas, especially from the BP-branded gas stations. These credit cards provide rewards and points to BP customers for their loyalty. Apart from that, there are several other benefits that you can enjoy.
- Convenience: The BP credit cards will offer you convenience just like any other credit card in making payments. This is particularly felt when you make a larger purchase as you will not need to carry a huge amount of cash as well as gain lots of rewards.
- Security: When you do not have to carry lots of cash with you to purchase gas even at nights, which might be a bit unsafe, these credit cards will provide you with security. When it comes to the safety aspect, credit cards usually come with lots of protections and multiple layers of security.
- No cheating: You can even get your money back if you feel that you have been cheated out of the product or service while making the purchase using the credit card. This is not possible when you make a cash purchase.
- Funds available: Often credit cards are viewed as revolving credit. This means it provides the cardholder with money to borrow at any place and time of their choice up to the set credit limits. This is much safe, secure and convenient as compared to the non-revolving forms of credit in which you have to go through a lot of application process, screening and verification no matter how modernized the system is.
- Acceptance: All credit cards have widespread acceptance, and these BP credit cards are no exception. There are millions and millions of vendors tied up with these credit card companies all over the world, and therefore you do not have to worry about any non-acceptance whether it in your country or a foreign nation.
- Credit building: It needs no specific mention that the way you use your BP credit card will reflect in your credit card report. This report is the most popular and useful tool to determine whether a person is eligible for a loan or is trustworthy enough so that a BP Credit Card is issued by Synchrony Bank.
- Annual fee: One most significant thing about the BP card is that this does not come with any annual fee whatsoever. That means, in a way, these cards will lower the cost of holding it, which is much unlike the standard credit cards. Apart from that, this specific feature will give you more control on your card and make the missing annual fee worthwhile.
- Introductory offer: Almost like all of the credit cards out there, these BP cards also have an introductory offer that appeals to the customers. This introductory offer may vary depending on the type of card in question, but usually, it is a discount of 25 cents on each gallon of gas purchased for a minimum amount of $100 within the first three months.
Offers and programs
You will also get to enjoy a lot of rewards and programs through these BP credit cards. These can be in the form of new card bonuses as well as reward points for the existing users. The reward programs of the BP credit card come regularly. You will earn a minimum discount of 25 cents on a gallon of gas when you use this BP cards in the gas stations.
- Apart from that, you may use the BP Visa card in different stores as well for buying grocery items for your home or dining. In doing so, you earn reward points that you can redeem in the BP-branded gas stations for a minimum of 15 cent discounts on every gallon of gas purchased for a specific value. It is also applicable for travel purposes and travelers’ checks as well.
- In this aspect, you nay even ad a lower amount of 5 cent discount per gallon of gas purchased from a BP station if you use this BP card for any other reasons and purchases.
You can visit different sites that provide BP credit card reviews to know more about such reward programs and the areas in which you can use this card and earn rewards.
Some other features
One of the most significant features of the BP credit is that it comes with a $0 fraud liability. This means that you as a user, will never be held responsible for any fraudulent charges that may be made by the gas stations on your credit card.
Moreover, since these credit cards provide you with more than one way to redeem rewards, you will be better off and more convenient in using it. You may even redeem your rewards and bonuses at the gas station or even in the form of a statement credit. These cards are so versatile that it will make your life much easier and safe if you use it, albeit sensibly.
Furthermore, there is no cap on how many reward programs you can earn using these BP credit cards. There is only a restriction on the upper limit of the number of gallons that you can redeem in a single transaction.
Therefore, without wasting any time apply for such a card if you have not already. Just make sure that you know the requirements for application and approval such as a fair credit and others.