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BP Visa Changes Effective 10-1-19

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Regular Contributor

BP Visa Changes Effective 10-1-19

Hey.

 

I got this card about one month ago because the 90 day bonus is 25 cents per gallon for every $100 spent on anything for the first 90 days.

 

Also, even though I am retired, I use BP right down the street when I do fill up (maybe once a month). Also, my grocery store has program with BP that pays one point for every dollar spent in grocery for 1 point at BP (100 points= 10 cents per gallon). It can be combined with BP Visa bonus, supposedly.

 

Should I get rid of this card after 90 day bonus, or feed it with a tank of gas once a month to keep it active? CL is $6000.

 

I have other cards AMEX BCP, Chase Freedom (in sock drawer), Citi DC, all with high limits, so I really don't need the BP Visa, yet I now have it. 

 

FYI: BP reward program changes 10-1-19 to 10 cents off per gallon at pump at BP,  3% groceries, and 1% all else.

 

 

Message 1 of 3
2 REPLIES 2
Moderator

Re: BP Visa Changes Effective 10-1-19

At the regular rebate of 10c a gal it returns 5% at 2 a gal; 3.3% at 3 a gal and 2.5% at 4 a gal before any other enhancers. If you have a card that can do better than this then I would say get rid of it.

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Message 2 of 3
Super Contributor

Re: BP Visa Changes Effective 10-1-19


@gdale6 wrote:

At the regular rebate of 10c a gal it returns 5% at 2 a gal; 3.3% at 3 a gal and 2.5% at 4 a gal before any other enhancers. If you have a card that can do better than this then I would say get rid of it.


This exactly, the rewards rate isn't really anything special plus there's nothing to say BP is the best deal to begin with. I would just close the card.

Message 3 of 3
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