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May 2, 2006

New BP Credit Card Increases Rewards
BP and Chase have launched the BP Rewards Visa, a new credit card offering an upgrade to the rewards offered by the previous BP Visa card. The new BP Visa Rewards is offering 5% rebates on purchases at BP locations, 2% rebates on dining, airline, auto rental and lodging purchases, and 1% rebates on any other purchases. Previously BP was offering a 3% rebate on BP purchases and a 1% rebate everywhere else.

In addition to the increased rebate percentage, BP is now offering the option of receiving either BP gift cards or cash back, where previously only BP gift cards were offered. (Rewards can also be used as donations to The Conservation Fund, which works to protect America's natural resources.)

Cardmembers who apply during May and June will receive double rebates for the first 60 days after their accounts are opened.

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