WILMINGTON, Del. -- JPMorgan Chase & Co. and BP have introduced the proprietary BP Card with rewards. Cardmembers earn 2% in rebates on Amoco Ultimate fuel purchases, BP's premium grade gasoline. The new BP Card is the only private-label oil card to offer ongoing rebates for card purchases, the company said.
The card can be used for fuel and convenience store purchases, car washes and more at more than 11,000 BP locations nationwide.
Once cardmembers earn $25 in rebates, they can redeem them for their choice of a $25 BP Gift [image-nocss] Card, a $25 check payable to themselves or use their rebates to make a donation to The Conservation Fund, an environmental charity.
The card has no annual fee and online account management is available. In addition, when customers apply, they will receive a $25 BP Gift Card after the first use of their new BP Card.
Earlier this year, BP and Chase launched a BP Visa Card that offers a 5% rebate on BP purchases, 2% on eligible travel and dining purchases and 1% for all other eligible card purchases.
Chase and BP have partnered together since 1994 to jointly offer a variety of gasoline and payment related products.
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