Chase PerfectCard™ Platinum MasterCard®

6% Rebate on All Gasoline Purchases at Any Gas Station for the First 90 Days 3% Rebate on Any Gasoline Purchases at Any Gas Station after the First 90 Days 1% Rebate on All Other Purchases 0% Fixed Intro APR on Purchases and Balance Transfers

Review: The Chase PerfectCard™ Platinum MasterCard® is designed for those with very good credit who make frequent gas purchases. Unlike other gas credit cards that require a cardholder to use their card at specific gas stations, this card allows cardholders to earn a 3% rebate on gasoline purchased at any gas station. In addition, a 6% rebate is applied to all gasoline purchases made with the card during the first 90 days. The maximum rebate that cardholders can earn for gas purchases is $15 per month. Cardholders also earn a 1% rebate on all other purchases. Aside from the reward program, the card provides several platinum benefits that include a purchase protection plan, up to $500,000 in travel accident insurance, and auto rental insurance. For a reward card, the interest rate applied to purchases and balance transfers is reasonable (for those who qualify). There is also a 0% introductory rate that applies to both purchases and balance transfers for up to twelve months, and there is no annual fee associated with this card. It is important to note that finance charges applied use the "Two Cycles Average Daily Balance" method, which is a more costly method of applying finance charges for those who occasionally carry a balance in comparison to the "Average Daily Balance" method used by most card issuers. Therefore, those who plan to pay in full after the introductory rate expires (to avoid finance charges) and will use the card frequently for gasoline purchases (to earn rebates) will benefit most from what the Chase PerfectCard™ Platinum MasterCard® has to offer.

Date of Review: 2006-04-08 00:00:00

Notes: The APR for purchases and balance transfers varies according to the applicant's credit history and is either 5.99%, 9.99% or 14.99% + Prime Rate. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Various Internet account related services. Lost and stolen card reporting. Emergency cash replacement. Emergency card replacement. No liability for unauthorized transactions. Fraud and security protection services. Purchase protection. Extended warranty for purchases. Roadside assistance. Auto rental insurance. Up to $500,000 in travel accident insurance. Year-end financial statement. Various travel and emergency assistance services. See website for additional benefits.