New Chevron/Texaco program

[Anonymous]

Just got this. Don't know if this will make it preferable to SM (or Freedom for the quarter), but it's something to consider. 

[Anonymous]

looks very interesting! 

[TRC_WA]

I cancelled my Chevron card.

5% on SM ($250 monthly cap) and 5% Sam's MC ($6,000 yearly cap) seems to be a better deal... at least according to my napkin math.  

[happypill]

I don't know about you guys, but around me Chevron stations always seem to be $.10-$.20 more expensive than other stations nearby.

[Anonymous]

Not many of thoese brands around the Northeast that I have seen. I have my PenFed Cash Rewards for 5% off gas.

[CreditCuriosity]

meh.

[longtimelurker]

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@TRC_WA wrote:

I cancelled my Chevron card.

5% on SM ($250 monthly cap) and 5% Sam's MC ($6,000 yearly cap) seems to be a better deal... at least according to my napkin math.  

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If you put $1,000 a month "other" spend on the card in a month, you will get 23c a gallon off, which is more than 5% in most places (national average today is 2.80 a gallon according to AAA(.   A 5% card would give 14c, so this gives 9c per gallon more.

But it looks like there are no other rewards, so if you put that $1000 a month on a 2% card, you would get $20 more,   Which means this card would win over an uncapped 5% if you use more than 220 gallons a month, but then you would run into the $300 a year maximum in a few months

So probably not a great deal for a lot of people!

[doctorofcredit]

What am I missing? Isn't this the exact same rewards program they previously offered? Somebody help me out here...

[takeshi74]

Not sure about what has changed about the program but I'd adivse reading reviews of the cards from those who have actual experience with them before applying.

[SecretAzure]

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@takeshi74 wrote:

Not sure about what has changed about the program but I'd adivse reading reviews of the cards from those who have actual experience with them before applying.

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Have the card, my car's tank of gas normally lasts me over 2 weeks, there is no way I can swing this to work for me, I think. IDK, would it be worth it to run money through this over Amex BCE? 2%.