Though originally short for British Petroleum, the multinational oil and gas company simply operates under its initials now, known as BP worldwide. BP can trace its roots back to 1908 and the original discovery of oil in what is now the country of Iran. Today's BP operates a large number of oilfields around the world, including in the US, as well as other similar drilling and mining operations, all in addition to the thousands of familiar BP consumer-focused gas stations.
For those who regularly fill up at one of those BP gas stations, the BPme Rewards Visa Card offers a way to save at the pump on the occasional gas purchase. You'll also receive rewards on other purchases, including 5% cash back on non-fuel bp and Amoco purchases, awarded as points that can be redeemed for cash back and more.
Better Cards to Use at BP
The following cards may provide better overall value, though it's hard to beat 15 cents off per gallon if you regularly fill up at bp or Amoco stations. The following cards provide more targeted rewards to a broader range of purchases.
Cash Back
These cards will provide bonus cash back rewards for gas station purchases at any gas station, not just BP. So you can potentially earn up to 5% cash back anywhere you fill up.
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.
- Choose 3% cash back on gas and EV charging station, online shopping/cable/internet/phone plan/streaming, dining, travel, drug store/pharmacy or home improvement/furnishing purchases.
- If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
- No annual fee and cash rewards don’t expire as long as your account remains open.
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Intro (Purchases)
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Intro (Transfers)
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Regular APR
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Annual Fee
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Credit Needed
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---|---|---|---|---|
0% Intro APR for 15 billing cycles for purchases
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0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days (Balance Transfer Fee 3% for 60 days from account opening, then 4%)
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18.24% - 28.24% Variable APR on purchases and balance transfers
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$0
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Excellent/Good
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Additional Disclosure: Bank of America is a CardRates advertiser.
0% APR
With an APR over 30%, the BP Credit Card isn't winning any low-interest-rate contests. And it certainly can't compete with the awesome 0% APR offers available from a number of quality credit cards.
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.
- Choose 3% cash back on gas and EV charging station, online shopping/cable/internet/phone plan/streaming, dining, travel, drug store/pharmacy or home improvement/furnishing purchases.
- If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
- No annual fee and cash rewards don’t expire as long as your account remains open.
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Intro (Purchases)
|
Intro (Transfers)
|
Regular APR
|
Annual Fee
|
Credit Needed
|
---|---|---|---|---|
0% Intro APR for 15 billing cycles for purchases
|
0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days (Balance Transfer Fee 3% for 60 days from account opening, then 4%)
|
18.24% - 28.24% Variable APR on purchases and balance transfers
|
$0
|
Excellent/Good
|
Additional Disclosure: Bank of America is a CardRates advertiser.
Travel Rewards
Filling up your gas tank to carry on with the same old daily commute can make anyone yearn for a little vacation. Using a travel rewards credit card to make your gas purchases can turn a regular chore into a way to save on your next great trip.
- UNLIMITED BONUS: Unlimited Mile-for-Mile match for all new cardmembers - only from Discover. Discover gives you an unlimited match of all the Miles you’ve earned at the end of your first year. For example, if you earn 35,000 Miles, you get 70,000 Miles. There’s no signing up, no minimum spending or maximum rewards. Just a Miles-for-Miles match.
- Automatically earn unlimited 1.5x Miles on every dollar of every purchase
- No annual fee
- Turn Miles into cash. Or redeem as a statement credit for your travel purchases like airfare, hotels, rideshares, gas stations, restaurants and more.
- 0% intro APR for 15 months on purchases. Then 17.24% - 28.24% Standard Variable Purchase APR will apply.
- Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
- Discover is accepted nationwide by 99% of the places that take credit cards.
- Terms and conditions apply.
Intro (Purchases)
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Intro (Transfers)
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Regular APR
|
Annual Fee
|
Credit Needed
|
---|---|---|---|---|
0% Intro APR for 15 months
|
0% Intro APR for 15 months
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17.24% - 28.24% Variable APR
|
$0
|
Excellent/Good
|
There are several quality cards to choose from, including the BPme Rewards Visa Card. You should read the fine print of each card's rewards program to determine which will provide you with the most value in the long run. The may mean a general-purpose card not tied to a single brand.
What Others Say About the BP Credit Card
Customer service seems to be at the heart of many complaints about BP's credit cards, though the rewards are also a point of contention for many reviewers. And the card's high interest rate is definitely a topic of interest in a number of consumer reviews.
I've had this card for years. Always paid it on time and have always used it. I get a credit update notifying me that Synchrony closed my account. Prior to this they constantly dropped the credit limit down to $230. I had not used the card in a month and soon as I get to the pump it's closed. I called and they will not reopen. I will never do business with Synchrony again. I have two other cards from them I am closing today. — CreditKarma.com
”This is the biggest rip off of a card I've seen in a while, My credit is good, I've never missed a payment. I had a small balance going forward through the winter that I just paid a huge chunk of. Why? Because, for absolutely NO reason, my interest rate went from 14% to 27%. I called customer service, they say "we are competitive and we don't have an annual fee." LOLL. Really? I've never missed a payment, and I'm paying 2% less than the MAXIMUM interest rate allowed by law. Put me in the same category as people that miss payments? I'm paying this card off this month and burning it in the wood pile. For the CEO of Synchrony bank, you obviously think we are too stupid to know what a high interest rate is. You may make a quick buck right now, jacking people around overnight, until they figure it out. And, when they do, they are going to leave this rip-off scam of a card as soon as possible. Take your greed and apply it to the lemonade stand you probably couldn't run after all the card holders are done here. — WalletHub.com
”The BP Credit Card is a pretty decent and good gas station card that will allow you to save money if you fill up your gasoline exclusively at BP stations. What I like about the card is that there are no spending tiers to meet to earn that 10¢ per gallon (unlike some other cards). Based on current gas prices, 10¢ per gallon is also pretty competitive with cards that give a rebate on a percentage basis. If you use BP exclusively, then this card will suit you. If you use other stations but mainly use BP, you might want to supplement this with another gas card that will allow you to earn cash back at all gas stations. — AskMrCreditCard.com
”Is the BP Card Right for You?
Given the seemingly constant increase in gas prices, it makes perfect sense to use a good rewards credit card to take the edge off of the high cost of filling up your tank, and the BP Credit Card may be the right choice for some people, particularly if you regularly frequent a bp or Amoco station. The rewards it pays on other purchases is nice, too, but a general-purpose card may serve you better in the long run.
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